SEOUL, Oct. 27 (Korea Bizwire) — SK Nexilis, a specialist in the production of copper foil, a core component for the batteries of electric vehicles (EVs), announced that it is on track to expand factory output as well as to establish new production lines overseas. This move came after the demand for copper foil increased [...]
SEOUL, July 17 (Korea Bizwire) — SK Holdings Co. said Friday it has invested an additional 100 billion won (US$83 million) in Chinese copper foil manufacturer Lingbao Wason Copper Foil in the latest move to solidify its electric vehicle (EV) battery business. The move came 15 months after the holding firm of South Korean energy [...]
SEOUL, June 1 (Korea Bizwire) — South Korean chemicals maker SKC Co. said Monday that it will invest 120 billion won (US$98 million) to build a new plant for its copper foil subsidiary in an effort to help cement the latter’s market position. The company will break ground on SK Nexilis’ sixth plant in the [...]
SEOUL, May 25 (Korea Bizwire) — Doosan Solus Co., a South Korean copper foil maker, has obtained incentives worth about 34 billion won(US$27.4 million) from the Hungarian government over its investment there, its parent Doosan Corp. said Monday. Doosan Solus has been building a copper foil-producing plant in Hungary with a capacity of 10,000 tons, [...]
SEOUL, Jun. 13 (Korea Bizwire) — SKC Inc., a chemical unit of SK Group, said Thursday it has decided to acquire KCF Technologies Co. (KCFT), the world’s top producer of copper foil for lithium-ion batteries, in a bid to diversify its business portfolio. SKC said it will buy a 100 percent stake in KCFT, currently [...]