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POSCO Chemical and OCI began construction of a joint venture plant in South Chungcheong Province, South Korea, to produce 15,000 tons per year of pitch, a battery anode coating material. The 96.3 billion won ($69.2 million) facility is expected to be completed by 2023.
“POSCO Chemical, a 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.”koreatimes.co.kr
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