On December 31, Shenzhen Capchem Technology Co., Ltd. announced that it plans to invest in the second phase of its lithium-ion battery materials project in Poland through its controlling subsidiary, Capchem Poland Sp. z o.o., located in the Silesian Industrial Park in Poland. The total investment for the project is capped at Yuan 200 million.
The project is built upon the company's independently developed core technology system and possesses complete proprietary intellectual property rights. Additionally, the first phase of the Capchem Poland project is already operational and running stably. Upon its official commissioning, this project will effectively address the production capacity gap in the European market and further enhance the company's localized supply capabilities in Europe.
Edited by Cassie Li, lixiangying@mysteel.com
