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Sinochem Group to build 20GWh lithium battery plant, investing CNY 10 billion

On May 20, 2019, Sinochem Group’s Chemical Business Division signed a memorandum of understanding (MOU) with Yangzhou Development Zone regarding the construction of a new automotive ternary lithium battery plant in the development zone. The total investment in the project is expected to exceed Chinese yuan (CNY) 10 b....

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