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Companies to Increase Aluminum Foil Production for Batteries in South Korea

In South Korea, investment in aluminum foil for secondary batteries continues.

Released Tuesday, May 02, 2023

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Researched by Industrial Info Resources (Sugar Land, Texas)--In South Korea, investment in aluminum foil for secondary batteries continues. Dong-Il Aluminium Company, which has the largest market share (39%) in the country's domestic aluminum foil market, will build a new factory in Cheongju city to manufacture aluminum foil for cathode current collectors of secondary batteries. Sam-A Aluminium (Gyeonggi, South Korea), which has the second-largest market share in South Korea, also has an investment plan for aluminum foil production in its Pyeongtaek plant for lithium-ion secondary batteries.

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Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).

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