- POSCO Chemical to reinforce competitiveness in anodes on the basis of domestic production of raw materials for secondary cells
- 74.5 billion won of investment made for a production capacity of 15,000 tons
- P&O Chemical, a joint venture with OCI, expected to expand business and create new revenue
- Investment of 218.1 billion won in expanding cathode and precursor plants with an annual capacity of 30,000 tons each
- First entry into the overseas market for secondary cells, with China being selected as the largest battery market in the world
- Expansion in the precursor business, the intermediate material for cathodes, to improve supply and demand stability and internalization rate
- Preparing to establish US and EU corporations to accelerate the building of a global supply chain and strengthen market leadership
- POSCO Chemical CEO Min said, “We will respond preemptively to the fast-changing market to expedite investment.”