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The ministry head said that investments by Samsung SDI, SK Innovation and other large Korean battery makers in Hungary created supplier demand that also justified Dongwha’s investment in Hungary.
The company has decided to bring a plant to Europe, the first European plant of the group will be established in Sóskút, Hungary, with a production area of about 13,000 square meters, where the electrolytes needed for batteries will be produced and solvents and chemicals will be recycled. produced during the production of the batteries.
Péter Szijjártó emphasized that five years ago Hungary ranked 26th in the world in the ranking of electromobility exporting countries, basically exporting batteries, but now it is in tenth place.
In the last 4.5 years, from the beginning of 2016 until now, a total of 23 investments related to battery production have reached Hungary. These represent an investment value of HUF 1.3 billion and created 6300 new jobs.
– He said.
The Koreans are in a leading position as Samsung SDI and SK Innovation have brought or will establish the world’s largest battery production capacities in Hungary. And the supplier base of these two large companies is constantly installed in the country, he added.
Lee Si Jun, president of Donghwa Enterprise, said in a video message that he is building an electrolyte and NMP refinery in Donghwa Salt Well. Donghwa is the first in Hungary to start the refining of NMP (n-methyl-2-pyrrolidone, also known as NMP), which will recycle the NMP generated during the production of the secondary battery. This will reduce the use of resources, save the environment and lead to lower prices for raw materials.
Cover image: Getty Images
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