HS Hyosung Energy Solution Korea与蔚山市签约，拟到2030年投资1.2万亿韩元建设硅负极材料基地

HS Hyosung Energy Solution Korea a joint venture between HS Hyosung Group and Belgian materials company Umicore, will invest 1.2 trillion won to build a silicon anode materials production base in Ulsan.
HS Hyosung Energy Solution Korea said Sept. 14 that it signed a memorandum of understanding with Ulsan Metropolitan City to build a silicon anode materials production plant. The company plans to invest a total of 1.2 trillion won through 2030 at the Ulsan-Mipo National Industrial Complex.
The investment will be carried out in three phases. In the first phase, the company will invest 300 billion won to build MPK-1, a silicon anode materials plant with an annual capacity of 5,000 tons, by the first quarter of 2028. Further investment will follow to establish a mass-production system.
Silicon anode materials have a higher energy density than conventional graphite-based anode materials, allowing electric vehicles to travel farther and charge faster.
HS Hyosung Energy Solution Korea was established by HS Hyosung Group and Umicore for the silicon anode materials business, with an 80% to 20% ownership split. The venture is the first new business pursued by HS Hyosung Group since its separation from the wider Hyosung Group.
Lee Ki-soo, chief executive officer of HS Hyosung Energy Solution Korea, said, "As we have selected Ulsan as our first investment site, we will grow together with the region by building an advanced production base and creating jobs."