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Soelect Featured in Global News

Updated: Jul 15

On Tuesday, November 28th, 2023, Soelect’s partnership with Lotte Chemicals was featured in various Korean news outlets. The articles discussed Soelect’s continued partnership with Lotte Chemicals and their plan to “actively target the global battery materials market to take the lead in the related sectors by securing core battery technologies” through joint research since 2021. The cutting-edge battery technology that this partnership is set to facilitate the commercialization of high-stability lithium batteries in the future.


Key figures from both Lotte Chemical and Soelect have been vocal about their future impacts on the battery materials market and their continued collaboration.


Hwang Min-jae, head of Lotte Chemical’s Advanced Institute of Technology, said, “We will actively target the global battery material market and lead the related market by quickly securing core battery technologies through Lotte Chemical’s future material technology.”

Diagram of lithium metal batteries and its inner components and function
Diagram of lithium metal batteries and its inner components and function

“Through this joint development with Lotte Chemical, we have developed a polymer-type electrolyte and materials and process technologies to improve the life characteristics of high-capacity lithium metal cathodes,” said Sung-jin Cho, CEO of Soelect, adding, “We will speed up the commercialization of high-stability lithium metal batteries through various collaborations in the future.”


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