- POSCO Chemical is set to secure market-leading technology and quality to rise to the global top-tier in chemicals and secondary cells
- Safety at work presented as the highest value equivalent to the lives of employees and their families
- Small scale event held under strict preventive measures at Pohang headquarters, and broadcast live to all employees through in-house broadcasting
Will expand the annual cathode output to 100,000 tons
- The Gwangyang cathode plant is set to expand the high-nickel NCMA production line for next-generation EVs
- Annual production capacity is set to grow by 30,000 tons, and a 100,000-ton production system will be running in 2023
- Investment on next-generation materials to secure a future growth engine and boost competitiveness of customers
◈ Successful financing with a 103% subscription rate, far exceeding the target amount
◈ The largest paid-in capital increase in POSCO’s history with exceptional evaluation by investors for competitive business and growth potential after securing essential raw materials
◈ Investment to increase production capacity to respond to the soaring global demand for secondary cell materials
◈ Aiming to achieve 20% in world market share and 23 trillion won in sales by 2030