LG Chem Ltd. (LG Chem) announced that it will acquire a 100% stake in its joint company in Hungary, which it established with Toray Industries, Inc. In June 2022, the two companies set up LG Toray Hungary Battery Separator Kft. on a 50:50 basis. This JV produces secondary battery separator films and delivers them to

According to several South Korean media sources, LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that it has completed the construction of its battery cell plant in Canada and acquired an occupancy permit from a Canadian authority. LG Energy Solution estab

South Korea’s LG Chem Ltd. (LG chem) has built an Autonomous Smart Lab in a lab specializing in analysis at its R&D Campus in the Daejeon Metropolitan City. The company's analytical research laboratory conducts precise analyses of raw materials, such as lithium, nickel, cobalt, and manganese, used in cathode material

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

Several South Korean media sources reported that that LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that it had developed a technology to significantly shorten the time required to charge lithium metal batteries for electric vehicles (EVs). This technolo

LG Chem Ltd. (LG Chem) announced it will postpone the acquisition of the shares in its joint venture in Hungary from June 30, 2025, to December 19, 2025. In June 2022, the South Korean company jointly set up LG Toray Hungary Battery Separator Kft. with Toray Industries, Inc. from Japan on a 50:50 basis. The JV produc

LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that it has won an order from O&J Automotive Netherlands BV, a subsidiary of China-based Chery Automobile Co. Ltd., for 46-phi cylindrical batteries. LG Energy Solution will begin supplying batteries on a ful

South Korea’s LG Chem Ltd. (LG Chem) announced that it will participate in the Chinaplas 2025, a plastic and rubber trade fair in Shenzhen, China, from April 15 to 18, 2025. The company plans to form six business zones at this year’s exhibit. In one of them, the Mobility Zone, the company will exhibit a radiator gril

Several South Korean media sources reported that LG Chem Ltd. (LG Chem) is reallocating staff at its separator plant in Cheongju-si, Chungcheongbuk-do. The company plans to discontinue operating low-speed production lines to reallocate workers to high-speed production lines in the first half of 2025, aiming to improv

LG Chem Ltd. (LG Chem) announced that it will participate in the Tennessee Manufacturing Forum hosted by the Tennessee Chamber of Commerce and Industry on March 28, 2025, to discuss political issues. The company intends to emphasize that its cathode material plant, currently under construction in Tennessee, will beco

LG Chem, Ltd. (LG Chem) announced that it will participate in the InterBattery 2025 in Seoul from March 5 to 7, 2025, to unveil its anode material, which does not use precursors. The company plans to launch the full-scale production of this product in the first half of 2025. 
Also, it will showcase its ultra-high-nic

LG Chem Ltd. and HL Mando Corporation, South Korea’s electric vehicle (EV) solution specialist, agreed to join forces in developing adhesives for automotive electronic components. LG Chem will conduct joint project development and application testing with HL Mando on thermal gap fillers for advanced driver assistance

Several South Korean media sources reported that LG Chem Ltd. (LG Chem) has revised its 2025 production plan for cathode materials for secondary batteries downwardly to 150,000 tons from its initial plan, which was 170,000 tons. The company will also change its production plan for 2026 to 170,000 tons from 200,000 to

SEMCORP Hungary Korlátolt Felelősségű Társaság (SEMCORP Hungary Kft.), a holding subsidiary of Yunnan Energy New Material Co., Ltd. (SEMCORP), signed a lithium battery separator material supply agreement with Ultium Cells LLC. Ultium Cells LLC will purchase lithium battery separators worth up to USD 66.25 million fro

LG Chem Ltd. announced that it signed a lithium supply contract with a US oil major, Exxon Mobil Corporation. Under the deal, the South Korean company will secure up to 100,000 tons of lithium carbonate for ten years starting in 2030 from Exxon Mobil’s lithium salt lake in Arkansas, the U.S. LG Chem will use this lit

LG Chem Ltd. announced it will postpone the acquisition of the shares in its joint venture in Hungary.
In October 2022, the South Korean company jointly set up Toray Industries Hungary Kft., a 50-50 joint company with Toray Industries, Inc. The JV produces secondary battery separator films and delivers them to the op

South Korea’s LG Chem Ltd. announced that it will strengthen its automotive adhesive business. The company will supply thermally conductive adhesives to North American electric vehicle (EV) manufacturers. Taking this opportunity, it plans to scale up its automotive adhesive business to hundreds of million Korean won

Several South Korean media sources reported that LG Chem Ltd. plans to launch the sales of high-voltage middle-nickel cathode materials in around 2026. The company is now developing the materials jointly with its client manufacturers.
For lithium ferro-phosphate (LFP) cathode materials, it will build a pilot line at

LG Chem Ltd. announced the opening of the Europe Innovation Center in Frankfurt, Germany. Along with this move, the company will start concentrating on the advancement of its research and development capabilities for environmentally friendly technologies, such as next-generation battery materials, biological material