Lotte Chemical Signs US$200 mln Deal with U.S. Firm to Make EV Battery Components

SEOUL, April 27 (Korea Bizwire) — Lotte Chemical Corp. said Wednesday it has signed an initial deal with a U.S. startup to produce advanced battery materials for electric vehicles, as the company pushes to pivot to the battery materials business. Under the memorandum of understanding signed with Soelect Inc., a North Carolina-based battery component maker, [...]