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Trades about 121% below its sector, cheaper than its peers on earnings.
Enchem Co., Ltd., established in 2012 and based in Jecheon, South Korea, specializes in the production and supply of electrolytes and associated additives crucial for secondary batteries and Electric Double Layer Capacitors (EDLCs). The company's electrolyte offerings cater to various components like anodes and cathodes, and are tailored for specific applications including EDLCs, diverse electric vehicles (XEVs), IT devices, and Energy Storage Systems (ESS). Their products accommodate a wide array of battery sizes, from compact units for mobile devices to medium and large-scale batteries, high-capacity ESS batteries, and large EDLCs. These advanced electrolytes are integral to numerous end-use products such as mobile phones, laptop PCs, power tools, E-Bikes, and a comprehensive range of electric vehicles (HEV, PHEV, BEV, FCEV), in addition to ESS installations. Beyond manufacturing, Enchem also undertakes the recycling of phenol-NMP, a byproduct of secondary battery production. Their clientele primarily includes major automobile and battery manufacturers like LGES and SK On, as well as EDLC producers, to whom they provide direct supply.
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