# CIS Chemical to build 40 billion won battery material plant in Gwangyang

CIS Chemical signed an investment agreement with Gwangyang Bay Area Free Economic Zone Authority to build a 40 billion won secondary battery material production plant in Gwangyang, South Korea, with annual capacity of 10,000 tons starting in 2026, creating over 60 jobs.

- Type: New facility
- Announced: 2022-10-04
- Where: Gwangyang, South Korea, South Korea
- Value: $28.0M (40.0B KRW)
- Jobs: 60
- Starts operating: 2026
- Status: announced
- Capacity: 10,000 tons per year
- Products: secondary battery materials, high-purity nano alumina
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [CIS Chemical](https://endata.com/companies/65703.md)

## Sources

- [segye.com](https://www.segye.com/newsView/20221004518082), 2022-10-04: "CIS Chemical will invest 40 billion won to produce 10,000 tons of secondary battery materials annually from 2026."

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