POSCO Future M
POSCO Future M Co., Ltd. (Korean: 주식회사 포스코퓨처엠), formerly POSCO Chemical, is a South Korean chemical company that produces refractories and basic industrial materials. POSCO Future M's products were primarily refractories and burnt lime for POSCO's steel production but diversified its product range to basic materials, including materials for lithium-ion batteries.[1][2]
 | |
Native name | 주식회사 포스코퓨처엠 |
|---|---|
| Formerly | POSCO ChemTech POSCO Chemical |
| KRX: 003670 | |
| Industry | Chemical |
| Founded | 1971 |
| Headquarters | , South Korea |
| Products | Refractories, cathodes, anodes |
| Parent | POSCO |
| Website | www.poscofuturem.com |
Businesses
POSCO Future M produces cathode active materials and anodes for EV batteries.[3] In June 2022, POSCO and Britishvolt, a UK startup manufacturer of lithium-ion batteries, signed a deal to secure the cathode and anode materials supply.[4] POSCO agreed with GM Motors to supply cathode active material for three years.[5]
See also
References
- "POSCO Chemical expects to secure full in-house lithium supply in 2024". Yonhap. Seoul. March 25, 2022.
- "POSCO Chemical to change name to POSCO Future M". Yonhap. Seoul. February 24, 2023.
- Jim, Min-ji (January 23, 2022). "[WHY] Posco hopes holding company will help it go green". Korea Joongang Daily.
- Carey, Nick (June 30, 2022). "Britishvolt signs deal with Posco Chemical for battery materials". Reuters.
- Choi, Jeehyun (July 28, 2022). "POSCO Chemical inks $10.8 billion CAM supply contract for GM battery power". Maeil Business Newspaper.
External links
- Official website
- Business data for POSCO Future M:
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.