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CIS Chemical Co., Ltd. signed a lease agreement with Yeosu Gwangyang Port Authority to build a factory on a 33,000㎡ site in Sepung Industrial Complex, investing 51 billion won to produce secondary battery additives and precursor materials, with production targeted for the second half of 2023.
CIS Chemical signed an investment agreement with Gwangyang Bay Area Free Economic Zone Authority to build a 40 billion won secondary battery material production plant in Gwangyang, South Korea, with annual capacity of 10,000 tons starting in 2026, creating over 60 jobs.
| Site | Largest | Latest |
|---|---|---|
| Sepung Industrial Complex, South Korea | $40.0M | 2023-02-09 |
| Gwangyang, South Korea | $28.0M | 2022-10-04 |