# Yulchon Chemical signs KRW 1.49T aluminum pouch supply deal with Ultium Cells

Yulchon Chemical signed a supply contract worth 1.4872 trillion KRW to supply aluminum pouches for lithium-ion batteries to Ultium Cells, from 2023 to 2028.

- Type: Contract
- Announced: 2022-09-28
- Value: $1.04B (1487.2B KRW)
- Status: announced
- Products: aluminum pouches for lithium-ion batteries
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Yulchon Chemical](https://endata.com/companies/12109.md) (supplier)
- [Ultium Cells](https://endata.com/companies/12110.md) (customer)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2022092816201701349), 2022-09-28: "Yulchon Chemical announced on the 28th that it has signed a supply contract worth 1.4872 trillion KRW for aluminum pouches used in lithium-ion battery (LIB) manufacturing with Ultium Cells."

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