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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

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In addition to supplying technology to Novolyte, Foosung will invest approximately $30 million in the joint venture and contribute a future lithium salt plant. Novolyte serves its global customer base through its manufacturing facilities in Baton Rouge, Louisiana, and Suzhou, China under the Purolyte brand. Foosung Co.,

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