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What Enertech achieved in 1H2023
The first half of 2023 is already over…Enertech doubled its revenues (W23bln in 1H2023in comparison to W12bln in 1H2022). Electrode team started to work 3 groups 2 shifts from third of July to meet the growing market demand for our products.More and more talented people applied and among them around 90 new comers have successfully on boarded ETI including contractors this year. IT Team has finished the digital project of Intranet installation (UNIPORTAL by Bizentro Co.) that will improve internal communications and speed-up decision making.Enertech has got all the new equipment from suppliers (This investment project started in 2022 will triple the production capacity). After the commissioning procedures in 3Q, the Company will start mass production of a new product “VDA type Narrow Cell”. Join us, we are still hiring!관리자
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Enertech International Promotion Celebration for 2023
On May 31, Enertech International Inc. held "2023 Promotion Celebration" in the conference room on the first floor of the main building of the first plant. This year, 14 promotions (11 regular promotions, 3 special promotions) were evaluated according to strict procedures (multiple 360 evaluations and evaluations by executives) and were carefully reviewed by the Personnel Committee. At the venue on this day, the promoters expressed their feelings, and most of them mentioned the heavy responsibility of improving their positions. CEO Mo Eun-Jong said he expected all promoters to play a pivotal role in the Company's growth, and congratulated them by delivering a small gift certificate with a handshake one by one.관리자
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What Enertech has accomplished in 2022
On May 11, 2023 the Shareholders Meeting of Enertech Int approved the Financial Statements for 2022. It was previously confirmed by the external auditor (Big 4).For the first time in many years, we managed to finish the year with a profit. This became real due to the well-coordinated work of the entire team of the Company. Sales&Marketing team significantly increased the sales by developing new niches in foreign markets. The Production team coped with the enlarged orders thanks to the responsibility of the staff and the quality work of the Purchasing team. R&D divisions were able to seriously ramp up the revenue for their services.The goal for 2023 is to double the revenue.For this, a new product has been developed, additional equipment has been purchased, and staff is being recruited. Join our team, we are on the rise!관리자
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Enertech International Arbor Day Planting Event
“ETI! Together for the Future!” Enertech International, Inc., a lithium-ion battery manufacturing company based in Chung-juThere was a tree planting event to celebrate Foundation Day and Arbor Day Enertech International, Inc., located in Yongtan-dong, Chungju, last Thursday, April 6th, on the occasion of its Foundation and Arbor Day, held a TownHall Meeting for all employees. A discussion on Enertech Int actual performance and future plans was held, and executives and employees gathered in front of the main building. There was a commemorative planting event in the end. Enertech Int was founded in 2001 and specializes in manufacturing of lithum-ion batteries. Based on the accumulated excellent technology in the area of EV & ESS industry, which is rapidly growing, Enertech Int is expected to play a pivotal role. In particular, as a reflection of the growth, it is currently conducting large-scale recruitment of manpower. CEO Mo Eun-jong declared Enertech Int future vision: "Let's become a human-oriented global eco-friendly battery company with manufacturing capacity of 300 GWh and net profit of KRW 300 billion by 2030!"관리자
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Enertech International signed Investment Agreement
January 17th 2023, Enertech International signed an investment Agreement with the Governor of Chungcheongbuk-do province and the Mayor of Chungju-si.This Agreement contains main implementations of Enertech International investments and administrative support from Chungcheongbuk-do and Chungju-si.During 2023~2024, Enertech International will invest 35billion KRW in facility and equipment expansion to produce next generation of secondary battery modules and packs.The investments will allow to recruit 150 new employees in 2023~2024. Employment centers will support to make it happen.This Agreement will help to revitalize local economy, to prevent environmental pollution and to maintain high safety standards at Enertech International.https://www.sedaily.com/NewsView/29KIECVYEI관리자
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Enertech International Workshop One Team-One Win
The management of Enertech Int held a corporate climbing on Mt. Woraksan to reach the 1000m peak. This climbing was dedicated to the beginning of construction works of the second production site of Enertech and starting of a new era in Company history.The booming demand will allow to increase production volumes and at the same time it is a challenge for the team.So, with Company growth, we plan to hire more than 100 employees in 2023.The Company offers attractive working terms and conditions and various benefits, including additional compensation for employees from other cities.United Enertech team succeeds in achieving business goals as lofty as conquering the top of the Mountain. Join us now!관리자
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Enertech invests KRW 35 billion in factory expansion in 2023
Enertech International (Enertech / ETI) will invest KRW 35 billion in the expansion of secondary battery plants. Through expansion, the production scale will be more than tripled.Founded in 2001, Enertech produces secondary batteries for electric vehicles and energy storage systems (ESS). The current production scale is 150MWh. Enertech will expand its factory to close the technology gap with the three major domestic battery companies and lay the foundation for growth. Investment is to expand its production capacity to 500MWh next year.The expansion line produces more than 3 million 60Ah battery cells per year. It has a nickel-cobalt-manganese ratio of 8:1:1. Both secondary batteries and ESS can be applied, and test discussions are underway with customers. Enertech expects to be able to acquire new customers in Korea and the United States through the expansion.Enertech also invests in building for module and pack assembly automation lines. Three modular automated assembly lines and one pack assembly line will be put into operation in May next year. Enertech aims to enter the module and pack assembly business for electric vehicles after 2024 through the construction of an automation line.Enertech has also developed special-purpose lithium iron phosphate (LFP) cells and hybrid vehicle (HEV) cells, and have acquired customers in the development stage.Enertech official said, "ETI is aiming to supply the products produced by the new module and pack assembly line to domestic and foreign automakers," adding, "ETI will continue to invest in a virtuous cycle factory operation structure centered on the cells produced through expansion."Enertech International researcher examines batteries at the research center관리자
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Accelerating EV battery development
Enertech plans to introduce a new model, the VDA cell, in the second half of 2022.The VDA model provides a useful size for EV batteries by minimizing space consumption when configured as a pack with low and long battery cell type.The cell development is scheduled to be completed in the second half of 2022, and the production of this VDA model is the reason for the plant jointly established by Renera-Enertech, a Russian subsidiary, and Rosatom, Russia.Enertech, which has been recognized for its safety and quality, is already carrying out projects with major customers with the goal of commercializing electric vehicles in Russia immediately following the completion of the factory establishment.Enertech's Existing heavy duty truck, two-wheeled vehicles, and bus customers and new models are also under review, and plant expansion is already being considered in Korea.admin
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Inter Battery 2022 !
‘InterBattery 2022’ hosted by the Ministry of Trade, Industry and Energy and hosted by the Korea Battery Industry Association and COEX was held from March 17 to 19 at COEX Hall A in Samseong-dong, Seoul.Interbattery is the only battery-specialized exhibition in Korea, with secondary battery manufacturers participating, and 250 domestic and foreign companies leading the battery market such as anode materials and electrolytes participated. .In 'xEV TREND KOREA 2022' (March 17-19), which was held simultaneously with this event, a large number of domestic electric vehicle brands such as Hyundai Motor, Kia Motors, and Volvo participated, and various EV models that were recently released or planned to be released in the future were exhibited, providing a variety of attractions. provided.Lee Myung-gyu, head of the Korea Battery Business Association, said, “Despite the Corona situation, the scale is 1.5 times larger than the previous year, attracting attention from the industry, so we prepared the latest innovative battery trends in one place. We will be able to confirm the competitiveness of domestic battery companies that are attracting attention in this industry.”admin
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Hansong Neotech, contract deal with Enertech
Shinhwa IT, a secondary battery subsidiary of Hansong Neotech, has successfully signed a long-term supply contract for high-performance secondary battery materials with a global electric vehicle battery manufacturer.Shinhwa IT has recently signed strategic MOUs with supply negotiations with US 'Solid Energy System', 'Enovix', and 'Zhongxin Guan Menggu (MGL)' of China.Shinhwa IT announced on the 20th that it has signed a long-term supply contract with Enertech International (Enertech), a global electric vehicle battery manufacturer, to supply an initial supply worth 6.2 billion won. This contract will be supplied as a customized mass production model through Spec-in. The contract period is 3 years. Enertech, established in 2001, will commercialize 80% nickel NCM batteries and supply them to American automakers' delivery vans. Enertech recently agreed to supply batteries for 100,000 electric vehicles to Avotor, Russia's largest automaker, and is also pursuing the construction of an additional plant in Russia due to an increase in new orders.Last year, Enertech was acquired by RENERA LLC, a subsidiary of Russia's state-owned company Rosatom, the world's No. Enertech's Russian plant is adjacent to Europe, so it plans to build a battery supply chain to strengthen its penetration into the global electric vehicle market.Shinhwa IT recently decided to expand secondary battery material manufacturing plants and production facilities in preparation for an increase in orders from a number of global customers, and aims to complete it by the third quarter of this year. After completion, Shinhwa IT's production capacity for high-performance lead tabs will be expanded five times, enabling it to respond to the high-spec battery market where demand is rapidly increasing.An official from Hansong Neotech said, “Shinhwa IT is accelerating the expansion of the secondary battery material business by signing strategic alliances with global next-generation battery companies and negotiating supply agreements.” “Through this long-term supply contract with Enertech, Russia It is expected to increase the supply volume in the future as it will prepare a foothold to enter the European and European markets.”He continued, “In addition, we are discussing technology development with global all-solid-state battery companies, and the demand for high-performance and high-capacity lead taps is expected to surge due to the increase in battery capacity and performance improvement. And we are responding quickly, such as by expanding production facilities.”[www.theguru.co.kr/news/article.html?no=30509]admin