POSCO Chemical has decided to issue 400 billion KRW worth of bonds, twice as much as the initially planned amount of 200 billion KRW, as a result of its good performance in an ESG bond demand forecast.
Will expand the annual cathode output to 100,000 tons
- The Gwangyang cathode plant is set to expand the high-nickel NCMA production line for next-generation EVs
- Annual production capacity is set to grow by 30,000 tons, and a 100,000-ton production system will be running in 2023
- Investment on next-generation materials to secure a future growth engine and boost competitiveness of customers