POSCO Chemical Acquires 15% Stake in Chinese Synthetic Graphite Anode Material Producer for Secondary Batteries
[Asia Economy Reporter Gong Byung-sun] POSCO Chemical announced on the 10th that it has decided to acquire a 15% stake in Inner Mongolia Xinuoxin Material Technology Co., Ltd., a Chinese artificial graphite anode material manufacturer for secondary batteries, for 26.1 billion KRW.
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This decision aims to establish a production base to respond to the increasing demand for artificial graphite anode materials and to secure exclusive sales rights to domestic battery companies. The acquisition amount is approximately 2.55% of its equity capital.
This content was produced with the assistance of AI translation services.
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