UPDATED. 2022-12-01 10:00 (목)
Posco, Huayou form joint social fund
Posco, Huayou form joint social fund
  • Stan Lee
  • 승인 2020.06.22 21:34
  • 댓글 0
이 기사를 공유합니다

The two firm extends their partnership
Posco Chemical CEO Kyung-Jun Min signed the contract for the social fund with Huayou via video call due to the COVID-19 pandemic Image: Posco Chemical
Posco Chemical CEO Kyung-Jun Min signed the contract for the social fund with Huayou via video call due to the COVID-19 pandemic Image: Posco Chemical

Posco Chemical and Zhejiang Huayou Cobalt will form a joint social fund to assist those living near their plants, the companies said.

The two companies will each contribute US$20,000 annually. The funds will be used at each other’s countries every other year, they said.

The first funding will go into installing wells in a town of some 79 households at an island near Posco’s anode factory at Gwangyang. 

Next year’s funding will be used by Huayou to help local residents at Zhejiang in employment boosting projects.

Posco and Huayou have been collaborating in anode materials and precursors for batteries and the latest joint fund is part of their effort to cement that partnership further with sustainability projects.

Posco gets precursors from Huayou that it uses to make anode materials. The two companies formed a joint venture in China back in 2018.

Huayou is the world’s largest cobalt producer. 


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2022 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트