LG Chem - Asia Tech Wire

LG Chem

2024.10.30

08:04

LG Chem to supply thermal conductive adhesives to North American EV companies

Asia Tech Wire (Oct 30) -- LG Chem, a subsidiary of LG Group, announced on Wednesday that it will supply thermal conductive adhesives to North American electric vehicle companies, formally laying its groundwork in the automotive adhesives market and aiming to expand the business to hundreds of billions of won.

2022.01.10

10:15

LG Chem's JV to produce nickel-cobalt-manganese-aluminum cathodes

Asian Tech Press (Jan 10) -- According to media reports, LG Chem and Huayou Cobalt's joint venture in South Korea will produce nickel-cobalt-manganese-aluminum (NCMA) cathodes, and the plant's construction will start next week.

2021.12.15

08:56

LG Energy Solution, LG Chem invest in lithium-ion battery recycling firm Li-Cycle

Asian Tech Press (Dec 15) -- Electric vehicle battery maker LG Energy Solution and its parent company LG Chem are joining forces to invest in Li-Cycle, a lithium-ion battery recycling company.

2021.12.08

09:57

LG Chem to sell 8.5 mln shares of LG Energy Solution, plans to raise 2.5 trillion won

Asian Tech Press (Dec 08) -- According to media reports, LG Energy Solution, which was spun off from LG Chem's battery business and focuses on electric vehicle batteries and other businesses, is moving forward with its IPO and is expected to list on the Korea Exchange early next year.

2021.10.27

07:20

LG Chem, Toray to invest over 1 trillion won in battery separator JV in Hungary

Asian Tech Press (OCT 27) -- LG Chem and Japan's Toray Industries will invest more than 1 trillion won in a battery separator joint venture in Hungary, according to LG Chem in a statement.

2021.08.23

07:01

LG Chem to cover losses as GM recalls of all Chevrolet Bolt EVs due to fire risk

General Motors has decided to recall all Bolt (including the new Bolt EUV) models.

2021.07.14

04:43

LG Chem to invest $8.7 billion in battery materials and other businesses

South Korea's LG Chem said it plans to invest 10 trillion won ($8.7 billion) by 2025 to accelerate the sustainable growth of its battery materials business and other business lines. This marks a shift toward a more environmentally friendly approach, as LG joins other Korean industrial giants.

2021.06.08

15:45

LG Chem's battery subsidiary files for IPO on the Korea Stock Exchange

LG Energy Solutions, LG Chem's electric vehicle battery manufacturing subsidiary, files for preliminary review of its initial public offering (IPO) plan on the Korea Stock Exchange (Bloomberg)

03:01

Tesla reportedly to use LG's NCMA batteries in China-made Model Y

Sources said Monday that Tesla is planning to use LG Chem's NCMA (nickel, cobalt, manganese, aluminum) batteries in its Model Y produced in China.

2021.05.20

11:30

LG to Supply 90%-Nickel NCMA Cathode Materials to Tesla

According to BusinessKorea, LG Chem will supply nickel-cobalt-manganese-aluminum (NCMA) quaternary battery cathode material to Tesla in July.

2021.03.12

05:02

LG Chem plans to invest $4.5 billion in U.S. battery factories

LG Energy Solution, one of subsidiaries of LG Chem, said today that it will invest KRW 5 trillion ($4.5 billion) in new U.S. factories to by 2025.

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