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China’s Enpack Gains After Announcing Battery Materials Labs with LG Chem
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China’s Enpack Gains After Announcing Battery Materials Labs with LG Chem
Shares of Enpack Packaging surged following the company’s announcement of plans to establish joint research and development laboratories in China with South Korean battery giant LG Chem. This move aims to fast-track the company’s expansion into the innovative lithium battery materials sector. At midday in Shenzhen, Enpack Packaging’s stock increased by 3.3%, trading at CNY17.82 (approximately USD2.55), after earlier climbing as much as 6.4%. The…
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