[Special Stock] Samsung SDI Rises on News of Anode Material Production Plant Establishment
[Asia Economy Reporter Lee Jung-yoon] Samsung SDI is rising nearly 6% following the news of establishing the world's largest cathode material production plant.
As of 10:19 AM on the 21st, Samsung SDI was trading at 624,000 KRW, up 5.94% (35,000 KRW) compared to the previous trading day.
On the same day, EcoPro announced that it would hold a completion ceremony for the CAM7 plant at the EcoBattery Pohang Campus. The plant belongs to EcoPro EM, a joint venture between Samsung SDI and EcoPro BM, and is the world's largest single plant producing battery cathode materials.
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At the same time, EcoPro BM recorded a 5.59% (5,700 KRW) increase to 107,000 KRW.
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