Leading Lithium-ion Battery Separator Innovation in ASEAN
INV Malaysia was established on August 18, 2023, and is located in the Penang Science Park, Malaysia. The total investment amounts to RM6.2 billion and will be developed in two phases. The project covers an area of 66.03 acres and is designed with an annual capacity of 2 billion square meters of wet-process separators and coated separators. The facilities include 8 wet-process production lines, 14 coating lines, and 20 slitting lines.
INV holds core patents and licensed technologies for lithium-ion battery separators, and adopts the world’s highest single-line efficiency lithium-ion battery separator production lines. By introducing internationally advanced quality management systems, the company has earned wide recognition and praise within the industry. Its product portfolio not only covers conventional high-performance separators but also achieves major breakthroughs in next-generation separator technologies.
In recognition of his outstanding contributions to regional economic development and corporate social responsibility, INV Chairman Dato Chen Xiufeng has been honored for his personal achievements. This recognition not only serves as a strong affirmation of INV’s role in driving regional development but also in advancing the green energy transformation.
Development Timeline
Inception of INV in Singapore Strategically positioned as a regional hub for innovation and green technology
Commencement of comprehensive country and market research in Malaysia
Confirmation of Penang Technology Park, Bertam, as the site for the first Li-ion battery separator factory in the ASEAN region.
Official incorporation of INV New Material Technology (M) Sdn.Bhd.
Groundbreaking ceremony in Penang, attended by state leadership and government officials
The project was recognized as the first large-scale Pilot Project under the Penang government’s SPEED initiative for receiving construction approvals in record time
Target for reaching full max production capacity delivering 2 billion square meters of separators annually
Phase 2 expansion target through 2032
Planned IPO on Bursa Malaysia
Vision
The global leading manufacturer of high-performance functional films
Mission
To integrate global talent and resources in delivering impactful achievements
Core Value
- Innovative
- Flexible
- Inclusive
- Sharing
Our Purpose
The Premier Functional Film Manufacturing Plant in ASEAN
We are proud to be the first lithium ion battery separator manufacturing facility in the ASEAN region. Spanning over 66 acres, our state of the art facility is designed to serve as a critical hub in the regional electric vehicle and energy storage system supply chain. By localizing the production of high performance functional films, our operations significantly strengthen the position of Malaysia as a leader in the Southeast Asian new energy sector. This strategic development aligns with the National Energy Transition Roadmap to accelerate the nation’s shift toward a sustainable and digitally integrated manufacturing landscape