Romanian chemicals producer Sinteza SA (<a href="https://www.bvb.ro/FinancialInstruments/Details/FinancialInstrumentsDetails.aspx?s=STZ" target="_blank">BSE:STZ</a>) has scrapped plans for the construction of a EUR-50-million (USD 56.7m) battery electrolytes factory that was intended to utilise the long-duration technology of US aerospace and defence giant Lockheed Martin (<a href="https://www.nyse.com/quote/XNYS:LMT" target="_blank">NYSE:LMT</a>).