# Isu Specialty Chemical to build lithium sulfide plant in Gumi, South Korea

Isu Specialty Chemical signed an MOU with Gyeongsangbuk-do and Gumi City to invest 300 billion won in a new commercial lithium sulfide production plant in Gumi, with mass production targeted for 2027.

- Type: New facility
- Announced: 2024-03-17
- Where: Gumi, Gyeongsangbuk-do, South Korea
- Value: $225.0M (300.0B KRW)
- Starts operating: 2027
- Status: announced
- Products: lithium sulfide (Li2S) for all-solid-state batteries
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Isu Specialty Chemical](https://endata.com/companies/76274.md)
- [Isu Group](https://endata.com/companies/76275.md) (investor)

## Sources

- [isuspecialtychemical.com](https://www.isuspecialtychemical.com/kor/public/getPrc1001View.do?IDX=220), 2024-03-17: "이번 협약은 세계를 선도하는 황화리튬 공급사로 도약하기 위한 첫 걸음"

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