January 29, 2014 – Tokyo, Japan – JSR Corporation is pleased to announce that JM Energy Corporation, a 100% JSR subsidiary focusing on lithium ion capacitors technology (LIC), has decided to expand its existing commercial operation with a high-volume production plant to meet the growing market demands. While the new plant's capacity will reach 3 million cells per year, the total investment amount is estimated at approximately 6 billion yen (approximately 60 million USD). The completion of the plant is scheduled for January 2015 and first shipments to customers from this plant are expected in June 2015.