Where is Dongjin Semichem based?

DONGJIN SEMICHEM is planning to start operation of their battery material plant in Gothenburg, Sweden at the end of this year. They started the construction of Gothenburg plant in the first half of last year. The plant will produce slurry composites. It is DONGJIN SEMICHEM’s first overseas battery material plant.

What is Dongjin Semichem's first overseas battery material plant?

The plant will produce slurry composites. It is DONGJIN SEMICHEM’s first overseas battery material plant. It is also the first time for a Korean company to build a battery material plant in Sweden. Slurry composite material increases the performance of battery materials such as cathode and anode materials.

Where is Dongjin enterprise?

The current position of DONGJIN ENTERPRISE is in Japan Sea with coordinates 34.86656° / 129.05323° as reported on 2024-11-17 15:37 by AIS to our vessel tracker app. The vessel's current speed is 14.5 Knots The vessel DONGJIN ENTERPRISE (IMO: 9704300, MMSI: 440346000) is a Cargo It's sailing under the flag of [KR] Korea.

Why did Dongjin Semichem build the Swedish plant?

One of the reasons DONGJIN SEMICHEM built the Swedish plant is European EV battery market is growing rapidly. According to BloombergNEF, the market research firm, the EV market is expected to expand from 10 million units this year to 60 million units in 2030. Demand for EV battery materials are also growing rapidly.