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LG Chem to Convert Carbon Dioxide to Carbon Monoxide for Plastic Production

LG Chem to Convert Carbon Dioxide to Carbon Monoxide for Plastic Production

SEOUL, May 10 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical maker, has developed a new process to convert carbon dioxide in the air into a high value-added material needed for plastic production. The company said Monday it had developed an electrochemical reactor in collaboration with the Korea Institute of Science and Technology [...]

LG Chem, CJ Logistics to Establish Circulation Platform for Cosmetics Containers

LG Chem, CJ Logistics to Establish Circulation Platform for Cosmetics Containers

SEOUL, March 31 (Korea Bizwire) — LG Chem Ltd. South Korea’s leading chemical company, and CJ Logistics Co., the country’s No. 1 parcel delivery firm, said Wednesday that they will establish a resource circulation system to promote the reuse and recycling of cosmetics containers in collaboration with local reusable packaging startup Innerbottle. Innerbottle will produce [...]

LG Chem to Build New High-nickel Cathode Factory in S. Korea

LG Chem to Build New High-nickel Cathode Factory in S. Korea

SEOUL, Jan. 11 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical materials producer, said Tuesday it will build a new factory in South Korea to produce high-nickel cathode materials for electric vehicle (EV) batteries as it further pushes to upgrade the key battery component materials. The construction for the new cathode plant broke [...]

LG Chem, LG Energy Solution Buy Stake in Canadian Battery Recycling Company

LG Chem, LG Energy Solution Buy Stake in Canadian Battery Recycling Company

SEOUL, Dec. 15 (Korea Bizwire) — LG Chem Ltd., South Korea’s largest chemical company, and its subsidiary LG Energy Solution Ltd. said Wednesday they have jointly acquired a stake in a Canadian lithium-ion battery recycling company. LG Chem and the battery maker LG Energy Solution invested 30 billion won (US$25.3 million) each to acquire a [...]

Americas, Europe in Focus for LG Chem’s Foreign Market Expansion: CEO

Americas, Europe in Focus for LG Chem’s Foreign Market Expansion: CEO

SEOUL, Dec. 9 (Korea Bizwire) — LG Chem Ltd. will bolster investment in North and South America, and Europe, to boost its presence in foreign markets, the company’s top executive has said, citing ample opportunities for growth in the global trend toward sustainability. LG Chem CEO Shin Hak-cheol made the remarks in a recent interview [...]