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Police Arrest 12 Gas Leak-Hit LG Polymers India Officials- Senior Police Official
Hyundai Motor, Kia Motors, LG Chem Launch Competition To Invest In EV, Battery Start-Ups
Ningbo Shanshan Plans To Raise Up To 3.1 Bln Yuan In Share Private Placement To Fund Acquisition
LG CHEM, LTD. is a Korea-based company principally engaged in the manufacture of petrochemical materials. The Company operates its business through five segments. Petrochemistry Business segment is mainly engaged in the manufacture of basic materials which are mainly used for petrochemical industry, and the products include polyvinyl chloride (PVC) resins, low-density polyethylene (LDPE), poly styrene (PS), acrylonitrile butadiene styrene (ABS), acrylate and others. Battery segment mainly engages in the manufacture of rechargeable batteries including mobile phone, automobile and storage batteries. Advanced Material segment is mainly engaged in the manufacture of optics materials whose main product is polarizing plates as well as electronic materials including liquid crystal display (LCD) and the positive pole materials. Life Science Business segment engages in the bio pharmaceutical business. Common and Other segment manufactures and sells crop protection agents, fertilizers and seeds.
LG Twin Tower
128, Yeoui-Daero, Yeongdeungpo-Gu
Chairman of the Board
Ho Yeong Jung
Co-President, Chief Financial Officer, Director
Cheol Dong Jung
Myeong Hwan Kim
Ok Dong Son
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An investigation into a deadly gas leak at a South Korean-owned chemical plant in southern India that killed 12 people in May recommended the factory be moved away from inhabited areas, according to its full report released on Tuesday.
South Korea's LG Chem Ltd plans to start producing batteries for Tesla Inc vehicles at a domestic factory this year after the U.S. electric carmaker raised orders to cope with demand, a person familiar with the matter said on Friday.
Hyundai Motor Group and LG Chem Ltd are considering establishing an electric vehicle (EV) battery manufacturing joint venture in Indonesia, a person familiar with the matter told Reuters on Tuesday.
South Korea's Hyundai Motor Group and LG Chem Ltd are considering establishing an electric vehicle (EV) battery cell manufacturing joint venture in Indonesia, a person with direct knowledge of the matter told Reuters on Tuesday.
South Korea's Hyundai Motor Group and battery maker LG Chem Ltd on Monday launched a global contest to identify up to 10 electric vehicle and battery startups for potential investment and development of environment-friendly automobiles.
South Korea's LG Chem Ltd <051910.KS> said on Wednesday it has signed a conditional contract with China's Ningbo Shanshan Co Ltd <600884.SS> to sell most of its liquid crystal display (LCD) polarizer business for $1.1 billion.
South Korea's LG Chem Ltd said on Wednesday it has signed a conditional contract with China's Shanshan to sell its liquid crystal display (LCD) polarizer business for $1.1 billion.
* Batteries to use cells from South Korea's LG Chem (Updates with company statement and details)
Hyundai Motor Group, which includes Hyundai Motor and its sister company Kia Motors has picked LG Chem as one of the battery suppliers for its upcoming new electric vehicles, a group spokesman said on Wednesday.
Indian police have filed a culpable homicide complaint against an LG Chem subsidiary over a toxic gas leak at its chemical plant in the south of the country that killed 11 people and forced 800 into hospital for treatment from poisoning.
Shares of LG Chem <051910.KS> extended their falls on Friday, after a gas leak at one of its chemicals factories in India killed at least 11 people and sickened hundreds of people.
The share price of South Korean chemicals and battery maker LG Chem Ltd <051910.KS> dropped almost 2% on Thursday after a gas leak at a factory operated by a unit in India killed at least nine people, and led to hundreds more being treated in hospital.
South Korea's LG Chem said a gas leak at its plant in southern India had been brought under control, after an incident on Thursday that police estimate killed at least nine people and resulted in hundreds of casualties in nearby villages.
A gas leak at an LG Polymers plant in India has been brought under control, and the company is investigating the cause of the deadly accident and the extent of the damage, South Korea's LG Chem , the owner of the plant, said in a statement.
South Korean battery maker LG Chem Ltd said on Tuesday it expects its electric vehicle (EV) battery revenue to drop by 10% to 15% this year, compared to its previous target of 15 trillion won ($12.25 billion).
* LG CHEM SAYS HAS SUSPENDED ITS EV BATTERY FACTORY IN MICHIGAN THROUGH APRIL 12 IN RESPONSE TO STATE'S LOCKDOWN MEASURES ON CORONAVIRUS CONCERNS Further company coverage:
South Korea's LG Chem Ltd <051910.KS> said on Tuesday it will exclusively supply electric vehicle (EV) batteries to U.S. electric carmaker Lucid Motors, which plans to start production of its Lucid Air sedan later this year.
South Korea's LG Chem Ltd said on Tuesday it will exclusively supply electric vehicle (EV) batteries to U.S. electric carmaker Lucid Motors.
A U.S. trade panel preliminarily ruled in favor of South Korean electric vehicle (EV) battery maker LG Chem <051910.KS> which had accused crosstown rival SK Innovation <096770.KS> of misappropriating trade secrets, the companies said on Sunday.
A U.S. trade panel ruled on an interim basis in favour of South Korean electric vehicle (EV) battery maker LG Chem which had accused crosstown rival SK Innovation of misappropriating trade secrets, LG Chem said on Sunday.
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