SEOUL, March 15 (Korea Bizwire) — POSCO Chemical Co., a leading South Korean manufacturer of secondary battery materials, said Wednesday it is showcasing a full lineup of its cathode and anode products and related technologies at an international battery show this week. POSCO Chemical will present high-nickel cathodes, a key component that determines the power [...]
SEOUL, Feb. 1 (Korea Bizwire) — POSCO Chemical Co., a South Korean manufacturer of industrial materials, said Wednesday it has begun construction of its second factory for synthetic graphite anode materials in the country’s southeast. POSCO Chemical broke ground on the plant at its key manufacturing complex in Pohang, 272 kilometers southeast of Seoul, on [...]
SEOUL, Jan. 30 (Korea Bizwire) — POSCO Chemical Co. said Monday it has signed a largest-ever long-term contract to supply a key component used in electric vehicle (EV) battery cells to Samsung SDI Co. POSCO Chemical will supply high-nickel cathodes, consisting of lithium, nickel, cobalt and aluminum, to Samsung SDI, for a 10-year period starting [...]
SEOUL, Jan. 27 (Korea Bizwire) — POSCO Chemical Co., a major South Korean manufacturer of secondary battery materials, said Friday it posted record-high operating profit last year, boosted by solid demand for electric vehicle (EV) battery components. Operating income reached 165.9 billion won (US$134.7 million) in the January-December period, up 36.3 percent from the previous [...]
SEOUL, Jan. 26 (Korea Bizwire) — POSCO Chemical Co., a major South Korean producer of secondary battery materials, said Thursday it has obtained government approval for the export of its technologies related to producing cathodes, a key component used in electric vehicle (EV) cells. The decision was made earlier this month by the private-public committee [...]
SEOUL, Dec. 5 (Korea Bizwire) — POSCO Chemical Co. said Monday it has clinched a long-term deal to supply a key battery material to the U.S.-based joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co. POSCO Chemical will supply US$688.6 million worth of artificial graphite, a material used as anodes in [...]
SEOUL, Oct. 24 (Korea Bizwire) — POSCO Chemical Co. said Monday its third quarter net profit jumped 60.5 percent from a year earlier on the back of solid growth in the lucrative battery materials segment. Net income came to 65.6 billion won (US$45.7 million) in the July-September period, compared with a net profit of 40.8 [...]
SEOUL, Sept. 21 (Korea Bizwire) — POSCO Chemical Co., a South Korean producer of advanced materials, said Wednesday the construction began for a domestic plant to produce a key coating material used in secondary batteries under a joint venture with chemical company OCI Co. The factory, to be located in the central region of South [...]
SEOUL, July 28 (Korea Bizwire) — POSCO Chemical Co. will supply a key electric vehicle (EV) battery component to General Motors Co. for three years starting 2023, in an additional US$10.8 billion deal expected to give a boost to the South Korean firm’s pivot to the battery materials sector. POSCO Chemical will supply high-nickel cathodes [...]
SEOUL, June 30 (Korea Bizwire) — POSCO Chemical Co., a major South Korean chemical company, said Thursday it has agreed to cooperate with a British battery startup on the development and supply of electric vehicle battery components in a bid to tap deeper into the European EV market. POSCO Chemical and Britishvolt Ltd., a West [...]