# Youlchon Chemical wins $1bn battery pouch film contract from Ultium Cells

South Korea's Youlchon Chemical Company won a $1 billion contract to supply high formability aluminium pouch films to Ultium Cells, the GM-LG Energy Solution joint venture, for lithium-ion battery packs between 2023 and 2028.

- Type: Contract
- Announced: 2022-09-29
- Where: United States
- Value: $1.00B
- Status: announced
- Products: aluminium pouch films for EV batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [General Motors](https://endata.com/companies/4654.md) (partner)
- [LG Energy Solution](https://endata.com/companies/11181.md) (partner)
- [Ultium Cells](https://endata.com/companies/12110.md) (customer)
- [Youlchon Chemical](https://endata.com/companies/65606.md) (supplier)

## Sources

- [just-auto.com](https://www.just-auto.com/news/youlchon-wins-1bn-ev-battery-parts-contract/), 2022-09-29: "South Korea’s Youlchon Chemical Company said it had won a contract worth US$1bn to supply Ultium Cells... with battery components over a period of six years."

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