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South Korea's Youlchon Chemical Company won a $1 billion contract to supply high formability aluminium pouch films to Ultium Cells, the GM-LG Energy Solution joint venture, for lithium-ion battery packs between 2023 and 2028.
Youlchon Chemical signed a $1.04 billion agreement to supply high-formability aluminum pouch films to Ultium Cells, the LG Energy Solution-GM joint venture, from 2023 to 2028.