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Constellium signs long-term foilstock supply deal with Lotte Infracell · Endata

◂ Announcements

Aug 19, 2024CONTRACTSingen, Germany, Germany

Constellium signs long-term foilstock supply deal with Lotte Infracell

Constellium signed a long-term agreement to supply foilstock to Lotte Infracell for EV battery foil applications in Europe. Lotte Infracell will make a strategic investment enabling Constellium to invest €30 million in new finishing lines at its Singen, Germany site.

Value

$33.0M (30.0M EUR)

Status

Announced

Productsfoilstock for EV battery foil

CompaniesConstellium supplier Lotte Infracell customer

Sectors#Specialty Chemicals

“This collaboration will ensure a reliable supply of high-quality foilstock for our battery applications, supporting the rapid growth of the electric vehicle market in Europe.”chargedevs.com

1 source
chargedevs.comCharged EVs | Constellium to supply foilstock to Lotte for battery foil applications - Charged EVsNicole WillingAug 19, 2024

Summarized from public sources; check the original articles before acting on it.

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Aug 27, 2024INVESTMENTMuscle Shoals, Alabama, United States$23.0M
Constellium receives $23M DOD grant for aluminum casting capacity in Muscle Shoals
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Jul 23, 2024EXPANSIONSingen, Germany, Germany$32.6M20 jobs
Constellium invests €30M in new finishing lines at Singen facility
Constellium stocktitan.net
Jul 23, 2024CONTRACTSingen, Germany, Germany$32.6M20 jobs
Constellium signs long-term foilstock supply agreement with Lotte Infracell
Constellium supplier Lotte Infracell customer stocktitan.net
Jul 22, 2024EXPANSIONMuscle Shoals, Alabama, United States$23.0M
Constellium Muscle Shoals receives $23M DOD contract to boost aluminum casting capacity
Constellium U.S. Department of Defense customer homelandprepnews.com executivebiz.com
Jul 1, 2024INVESTMENTMuscle Shoals, Alabama, United States$23.0M
DoD awards $23M to Constellium for aluminum casting capacity expansion
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