Wuxi welcomes $100 million South Korean new material project
2018-05-14 14:26:00

An automotive battery anode material project involving Wuxi Hi-tech district and LG Chem was announced at a ceremony in Wuxi on May 8. [Photo/WeChat account: xinwu_wx]

LG Chem, a leading South Korean chemical company, will invest $100 million in an automotive battery anode material project in Wuxi Hi-tech district.

A signing ceremony attended by Party secretary of Wuxi, Li Xiaomin, and by LG Chem chairman, Park Jin-Soo, took place in the city on May 8. The project is also supported by Huayou Cobalt Company from Zhejiang province.

Source:chinadaily.com.cn Editor:Hiram