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

Several South Korean media sources reported that, in August 2024, LG Chem Ltd. filed Seoul Central District Court a patent infringement suit against Jaese Energy Co., Ltd., a South Korean subsidiary of a Chinese cathode material manufacturer, New Energy Technology. Jaese Energy has a plant in Cheongju-si, Chungcheong

LG Chem Ltd. announced that it developed a new material to suppress thermal runaway that prevents battery fires at the early stage.
The material developed by LG Chem is a composite material that changes its electrical resistance based on temperature, acting as a “fuse” that blocks the flow of electricity in the early

LG Chem Ltd. unveiled a plan to supply cathode materials to Prime Planet Energy & Solutions, Inc. (PPES). -The company aims to start the supply in 2026 to PPES factories in Japan. (From a press release on September 22, 2024)

On April 29, LG Chem Ltd. (LG Chem) announced that it had successfully developed SGF (Switchable Glazing Film) and signed a nomination agreement with Webasto. LG Chem plans to supply SGF films to Webasto. Webasto will use SGF films to build roof systems with integrated high-tech glass which will be installed in Europ

Several South Korean media sources reported that LG Chem Ltd. (LG Chem) will participate in Chinaplas 2024, a four-day event starting on April 23, 2024, in Shanghai, China, to showcase plastic products.
The South Korean company’s exhibits will include carbon nanotubes (CNT) and engineering plastics applied in electri

Factorial Inc. and LG Chem signed a memorandum of understanding (MoU) to accelerate the development of solid-state battery materials. The agreement will combine LG Chem's battery material capabilities and Factorial's next-generation battery material and process innovations. 
Upon successful completion of the project,