# POSCO Chemtech invests 143.3 billion won in anode material plant expansion

POSCO Chemtech decided to invest 143.3 billion won to expand its second plant in Sejong, South Korea, adding 5,000 pyeong of land and increasing annual production capacity to 20,000 tons of anode materials for lithium-ion batteries. Construction starts in November 2018 and is expected to be completed by the second half of 2019.

- Type: Expansion
- Announced: 2018-09-14
- Where: Sejong Special Self-Governing City, Sojeong-myeon, Godeung-ri, South Korea
- Value: $128.0M (143.3B KRW)
- Starts operating: Q3 2019
- Status: announced
- Capacity: 20,000 tons per year
- Products: anode materials for lithium-ion batteries
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [POSCO Chemtech](https://endata.com/companies/34316.md)

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/1663734), 2018-09-13: "포스코켐텍은 세종특별자치시 소정면 고등리에 구축하는 제2공장 신규설비 증설과 공장부지 추가 매입에 1433억 원의 신규 투자를 진행키로 결정했다."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.