Solus Advanced Materials Acquires Tangible Assets Worth 77 Billion KRW in Canada Through Subsidiary
[Asia Economy Reporter Minji Lee] Volta Energy Solutions, a subsidiary of Solus Advanced Materials, announced on the 15th that it has decided to acquire land and associated buildings near Granby, Quebec, Canada, for approximately 77 billion KRW.
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The company stated, "This is for establishing a battery foil production plant to respond to demand in the North American market." The acquisition amount accounts for 9.15% of the total assets.
This content was produced with the assistance of AI translation services.
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