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    Home > Chemicals Industry > Rubber Plastic News > 10 trillion won!

    10 trillion won!

    • Last Update: 2023-01-10
    • Source: Internet
    • Author: User
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    South Korea's LG Chem recently said it plans to invest 10 trillion won ($8.
    7 billion) by 2025 to accelerate "sustainable growth" in its battery materials business and other business lines

    .


    LG Chem said that it regards sustainable green materials, e-Mobility battery materials, and global innovative new drugs as three new growth engines, and said it will invest 10 trillion won in these fields by 2025

    .

      LG Chem plans to invest 3 trillion won in sustainable development fields such as biomaterials, recycling, and renewable energy industrial materials, and cultivate them into future growth points for the Petrochemical Business Division
    .

      The company aims to become the world's No.
    1 comprehensive battery material company, and plans to invest 6 trillion won to cultivate a diversified product portfolio ranging from cathode materials to separators, anode adhesives, thermally conductive adhesives, and carbon nanotubes (CNTs)

    .

      Its Life Science Division plans to become a global new drug company with two or more innovative drugs by 2030, and aims to enter the United States, Europe and other markets, and plans to invest more than 1 trillion won in the new drug business
    .





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