LG Chem news

The new facility in Singapore will process 60,000 tonnes of plastic waste annually, using Hydro-PRT technology to convert it into circular hydrocarbons, supporting regional recycling efforts.

The JV will invest $375M, start plant construction next year, and target European battery firms. LG Chem aims for management control in 30 months, leveraging synergies in fabric and coating technologies.

The aid supports a €325M investment in a new Li-ion battery plant in Dolnoślaskie, creating 700+ jobs. The project aligns with EU rules, fostering regional development and economic growth.

The new plant in Wrocław will produce over 100,000 EV batteries annually by late 2017, reducing logistics costs and enhancing local partnerships. It joins LG Chem's global network of battery plants.