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IZOBLOK S.A. signed a four-year contract with Hanwha Advanced Materials Corporation for the purchase of mini pellets used in EPP polypropylene granulate production, valued at EUR 18.9 million.
Hanwha Advanced Materials' Shanghai subsidiary won a contract to supply battery cases for the E-Lavida electric vehicle from SAIC Volkswagen Automotive Co. The subsidiary will produce battery cases for 66,000 E-Lavidas per year starting August 2018.