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Toyota Tsusho acquires 25% shares in LG HY BCM, LG Chem’s subsidiary
LG Chem Ltd. (LG Chem) announced that Toyota Tsusho Corporation had acquired a 25% stake in LG-HY BCM Co., Ltd., LG Chem’s subsidiary. LG- HY BCM was established in 2021, as a company owned 51% by LG Chem and 49% by its Chinese partner, Zhejiang Huayou Cobalt Co., Ltd. Based in Gumi, Gyeongsangbuk-do, it has a struct....
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