SK Nexilis receives $133 million in subsidies from Poland
SK Nexilis, the world's largest copper foil manufacturer, said on December 23 that it received a $133 million subsidy from the Polish government under the EU's Temporary Crisis and Transition Framework (TCTF) program. SK Nexilis is the first Korean battery material company to receive TCTF subsidies and the largest subsidy provided by the Polish government.
The company will work with the Polish government to build a copper foil manufacturing plant in Stalowa Wola, Poland.
The EU introduced the TCTF in March last year to relax subsidy rules for companies that promote net zero carbon dioxide emissions such as electric vehicles and batteries.
You May Interested In
High Quality β-Nicotinamide adenine dinucleotide CAS 53-84-9 NADwith ready stock and best price
$3/UNIT FOB
2026-10-13
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
GLP-1 API Route to U.S. Abruptly Narrows: FDA Heavily Penalizes U.S. Compounding Pharmacy and Bypasses Warning Letter to Ban Chinese Factory
-
Japan Begins Construction of the World’s Largest Commercial Liquid Hydrogen Receiving Terminal
-
Platinum Chemotherapy Shortages Expose the Fragility of Essential API Supply
-
Fertilizer Costs Rise as Middle East Tensions Pressure Global Food Production
-
Fertilizer Costs Rise as Middle East Tensions Pressure Global Food Production
-
Europe Faces 510,000-BPD Q4 Jet Fuel Deficit as ARA Stocks Hit Seven-Year Low
-
Crude Oil Tops $100, Asian Propylene Plants Undergo Concentrated Maintenance
-
LG Chem Enters Semiconductor Stripper Market for the First Time, Cutting Process Time by 50%
-
Kraton Announces Strategic Plan to Streamline Polymer Operations in Berre, France
-
Merck Wins Approval for the World’s First Oral PCSK9 Drug, with Potential Annual Sales of $5 Billion
Recommend Reading
-
![Private Equity Firm Acquires Lyons Magnus for About $1 Billion as Beverage and Nutrition Ingredients Consolidate]()
Private Equity Firm Acquires Lyons Magnus for About $1 Billion as Beverage and Nutrition Ingredients Consolidate
-
![New Ocean Freight GRI Takes Effect on Asia, Middle East and Africa Routes to U.S. and Canada]()
New Ocean Freight GRI Takes Effect on Asia, Middle East and Africa Routes to U.S. and Canada
-
![China’s TiO₂ Industry Launches Sixth Price Hike Wave as More Than 20 Producers Follow]()
China’s TiO₂ Industry Launches Sixth Price Hike Wave as More Than 20 Producers Follow
-
![What Can $3.4 Billion Buy? Shin-Etsu Chemical’s Answer: Upstream Control of PVC]()
What Can $3.4 Billion Buy? Shin-Etsu Chemical’s Answer: Upstream Control of PVC
-
![UAE Breaks Ground on World’s First Gigascale Round-the-Clock Renewable Energy Project, Setting a New Global Standard For Clean Energy]()
UAE Breaks Ground on World’s First Gigascale Round-the-Clock Renewable Energy Project, Setting a New Global Standard For Clean Energy
-
![Business Society’s PTA Trend Analysis for September 20, 2026: Clearly Downward]()
Business Society’s PTA Trend Analysis for September 20, 2026: Clearly Downward
-
![Business Society September 29, 2026 Adipic Acid Trend Analysis: Volatility]()
Business Society September 29, 2026 Adipic Acid Trend Analysis: Volatility
-
![Business Society September 29, 2026 Acrylic Acid Trend Analysis: Strong Rebound]()
Business Society September 29, 2026 Acrylic Acid Trend Analysis: Strong Rebound
-
![Business Society September 29, 2026 Epoxy Chloropropane Trend Analysis: Volatility]()
Business Society September 29, 2026 Epoxy Chloropropane Trend Analysis: Volatility
-
![Bivalirudin: Medical Uses, Properties, and Safety]()
Bivalirudin: Medical Uses, Properties, and Safety
