Latest news
Independent audit of today’s allegations concerning Kotka CAM plant to be launched
All companies operating at the construction site are required to comply with Finnish law and uphold workers’ rights. Today, The Finnish Broadcasting Company (Yle) published a news report presenting allegations about the terms of employment and working conditions of Chinese workers at the Kotka CAM plant construction site. The Kotka CAM plant is an investment […]
Easpring Finland secures €514.4 million green financing package for cathode active material plant development in Kotka
Landmark financing supports the establishment of a strategic cathode active material production facility, enabling European energy transition. Easpring Finland New Materials Oy has successfully secured a €514.4 million green financing package to support the development and construction of its cathode active material (CAM) manufacturing plant in Kotka, Southeast Finland. The financing marks a major milestone […]
Installation work at the Kotka CAM plant moves to three shifts to meet the urgent demand of European CAM
Construction of the Kotka CAM (cathode active material) plant has progressed at a good pace toward the start of commercial production in 2027. European CAM originating from Kotka is in high demand and starting the production according to schedule is critical. The ongoing import and installation of production equipment, such as kiln systems and other […]
Embassy visits to Easpring sites in Finland and China
Easpring Finland’s Kotka battery material plant project is garnering interest in both Finland and China. Easpring recently had the pleasure of hosting the Finnish Ambassador to China in Changzhou, and representatives from the Chinese Embassy in Finland in Kotka. At Easpring’s Changzhou factory in China, the first group of employees for the Kotka battery material […]
Chemical safety permit granted to Easpring Finland’s Kotka factory
Tukes has granted a chemical safety permit to Easpring Finland’s battery material factory, which is being constructed in Kotka. The Finnish Safety and Chemicals Agency (Tukes) has granted a chemical safety permit to the factory of Easpring Finland New Materials Oy. Easpring Finland is building a factory in Kotka to produce cathode active material (CAM), […]
Training for Easpring Finland’s first production personnel group has begun
Recruitments of Easpring Finland are progressing rapidly, and a group of the first employees have left for a training period at Easpring’s factory in Changzhou in January. The main goal is to teach the new employees the technical skills required for producing cathode active material in Kotka. A group of 25 new Easpring Finland employees […]
Easpring’s plant reaches rooftop height – Ministers highlight project’s significance and the potential of Finland’s battery value chain
Prime Minister Petteri Orpo and Minister of Defence Antti Häkkänen visited Easpring Finland’s construction site on December 9, 2025, as part of their Kymenlaakso visit.
Installation of production equipment begins and the construction work accelerates
Starting from the latter half of December 2025, production equipment necessary for manufacturing cathode active material will begin arriving at our factory.
Construction work progressing in Kotka – the frame of the plant’s main building will be completed in 2025
Construction of the Kotka cathode active material (CAM) plant is progressing in the Keltakallio industrial area. The plant is scheduled to produce its first product samples in summer 2026 and start commercial production in 2027. The construction of Easpring Finland’s CAM plant has progressed at a rapid pace. Construction began in the spring of 2025, […]
Business Finland granted an investment aid of EUR 115 million for the Kotka CAM factory
Business Finland has granted an investment aid of EUR 115 million to Easpring Finland New Materials Oy for the construction of a cathode active material (CAM) factory in Kotka, Finland. The investment aid from the clean transition aid scheme for industrial investments, granted by Business Finland, is part of the EU’s Temporary Crisis and Transition […]