Search results for Debrecen
Industry
EcoPro BM ships first cathode materials to European OEM from Hungary plant
EcoPro BM has shipped high-nickel NCA cathode materials for the first time from its plant in Debrecen, Hungary, for supply to a European automaker OEM, the company said on Tuesday. Executives including CEO Moon-ho Choi attended the shipment ceremony. The complex houses several affiliates and has annual cathode capacity of 54,000 tons across three lines. EcoPro BM plans additional supply to other global OEMs this year and may consider building a second plant.
Industry
Ecopro Innovation signs 4-year lithium hydroxide supply deal with global automaker
Ecopro Innovation said on Thursday it signed a long-term lithium hydroxide supply contract with a global automaker. The company will supply a total of 12,000 tonnes over four years, equivalent to about 200,000 electric vehicles. It said this is its first lithium hydroxide supply deal with an automaker, following earlier long-term contracts with Samsung SDI in 2024 and SK On in 2025. The company cited its Hungary production base and closed-loop system as positives.
Industry
Ecopro BM Q1 operating profit 20.9 billion won up 823 percent on year
Ecopro BM posted first-quarter operating profit of 20.9 billion won, up 823 percent from a year earlier, while revenue fell 3.9 percent to 605.4 billion won, the company said on Tuesday. It cited recovering European EV volumes and expanding demand for energy storage systems. Net profit turned positive at 12.2 billion won. The company is preparing to begin mass production at its cathode plant in Debrecen, Hungary, in the first half.
