Korea-Poland Accelerate Cooperation in Battery Industry
Battery Industry Association, Pol Automobile Industry Association, and Alternative Fuel Association Sign MOU
South Korea and Poland are strengthening cooperation in the battery industry, including the battery supply chain.
The Korea Battery Industry Association signed two Memorandums of Understanding (MOUs) to enhance cooperation in the battery industry with the Polish Automotive Industry Association and the Polish Alternative Fuels Association in Warsaw, Poland, on the 14th (local time).
The organizations from both countries will share information on policies and regulations related to the European Battery Act to improve the stability, reliability, and sustainability of the battery supply chain, and jointly cooperate on industry challenges related to the battery supply chain. They will also promote cooperation in regular events, workforce training, and technology development exchanges.
Additionally, to foster the battery recycling industry, they agreed to promote mutually friendly development that can activate business networking among member companies.
The Korea Battery Industry Association will hold an 'EU Battery Policy Corporate Utilization Seminar' for domestic industries at the end of this month to continuously exchange information related to European Union (EU) policies and regulations. It will also participate in the World Recycling Battery Regulation Forum (WRBRF 2023) held in Spain this September to strengthen international cooperation on global battery industry policies. Next year, it plans to hold the 'InterBattery 2024' event in March to reinforce strategic alliances between Korean and EU battery companies.
Hot Picks Today
"Only Two Per Person" Garbage Bag Crisis Was Just Yesterday... Japan Also Faces Shortage Anxiety
- "Samsung Electronics Employee with 100 Million Won Salary Receiving 600 Million Won Bonus... Estimated Tax Revealed"
- Lived as Family for Over 30 Years... Daughter-in-Law Cast Aside After Husband's Death
- 'Will Demand Finally Decline Due to High Prices?'... "I'll Just Enjoy Nearby Trips" as Japan and China See a Surge
- "Wore It Once, Then This? White Spots All Over 4.15 Million Won Prada Jacket... 'Full Refund Ordered'"
Poland is the leading producer of electric vehicle batteries in Europe, and domestic companies are actively entering the local market. LG Energy Solution built its first large-scale electric vehicle battery production plant in Europe in Poland in 2016, and material companies such as Enchem (electrolyte), SKIET (separator), and SKC (copper foil) have sequentially invested in production plants in Poland. The copper foil plant invested by SKC is the largest in Europe and plans to start mass production in the second half of 2024. Recently, POSCO Holdings and Sungil Hightech established a battery recycling plant with an annual capacity of 7,000 tons to respond to mandatory battery recycling material usage requirements.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
