LG Chem to Expand Carbon Nanotube Production by 1,200 Tons

LG Chem announced that it will invest about 65 billion KRW ($54 million) by Q1 of next year to expand production of carbon nanotubes (CNT) by 1,200 tons at the company’s Yeosu plant. Once the expansion is made, LG Chem will have a total production capacity of 1,700 tons by adding to the existing 500 … Read more LG Chem to Expand Carbon Nanotube Production by 1,200 Tons

LG Chem Secures $5 B in Loans from S. Korean Lenders to Expand Battery Business

LG Chem will be backed by South Korea’s state lenders with $5 billion in policy loans to finance its expansion in secondary battery factories across the world over the next five years as a part of the government push to promote battery business. LG Chem signed an agreement with Korea Development Bank, Export-Import Bank of … Read more LG Chem Secures $5 B in Loans from S. Korean Lenders to Expand Battery Business

LG Chem Opens New Petchem Technology Center in South Korea

LG Chem announced on Thursday it has opened a technical service and development center in Osan, Gyeonggi Province, marking the country’s largest petrochemical technology center. The company invested 110 billion won ($94.8 million) in establishing the center, it said. The petrochemical tech center is part of LG Chem’s plan to boost its competitiveness in the … Read more LG Chem Opens New Petchem Technology Center in South Korea