Lotte Chemical to Build 1st Cathode Foil Plant in U.S.

SEOUL, July 27 (Korea Bizwire) — Lotte Chemical Corp., a unit of South Korean retail giant Lotte Group, said Wednesday it is building its first cathode foil production facility in the United States, as it pushes to bolster its battery components business. Lotte Chemical and Lotte Aluminum, another Lotte affiliate, will invest US$254 million in [...]