Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes
Green Car Congress
SEPTEMBER 3, 2010
In addition to supplying technology to Novolyte, Foosung will invest approximately $30 million in the joint venture and contribute a future lithium salt plant. Foosung Co., is the sole producer in Korea and one of four global producers of high purity Lithium Hexafluorophosphate (LiPF 6 ), a specialty salt used for electrolyte manufacture.
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