# Nanoteam secures land for new factory in Ulsan

Nanoteam has secured a 2,000-pyeong factory site in Ulsan and plans to complete production facilities by next year to support the thermal runaway prevention materials contract.

- Type: Expansion
- Announced: 2023-07-10
- Where: Ulsan, South Korea
- Starts operating: 2024
- Status: announced
- Products: thermal runaway prevention materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Nanoteam](https://endata.com/companies/71333.md)

## Sources

- [mk.co.kr](https://www.mk.co.kr/news/business/10780814), 2023-07-10: "Nanoteam has secured a factory site of about 2,000 pyeong in Ulsan and plans to complete production facilities by next year."

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