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29 Oct
07:36

Leeman Chemical raises stakes in lithium business

Leeman Chemical has announced that Leeman International, a wholly-owned subsidiary of the company, intends to invest more in the production of lithium battery additives.   In the first half of this year, Leeman Chemical achieved revenue of HKD 2.27 billion ($291.93 million) and net profit of HKD 0.59 billion, showing year-on-year increases of 64.4% and 275.8%, respectively. Since 2021, the rapid growth of the new energy vehicle market has led to a substanti…
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