POSCO Chemical to Expand Cathode Material Manufacturing Facilities Worth 275.8 Billion KRW
[Asia Economy Reporter Geum Bo-ryeong] POSCO Chemical announced on the 6th that it will expand its cathode material manufacturing facilities with an investment of 275.8 billion KRW.
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The investment amount is 27.4% of the consolidated equity as of last year. The purpose of the investment is to expand cathode material production facilities in response to the demand in the secondary battery market. The investment period is until May 31, 2022.
This content was produced with the assistance of AI translation services.
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