LG Chem
South Korean chemical company
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| October 27 2024 | LG Chem opened its third overseas research and development center in Germany to develop environment-friendly, next-generation technologies. |
| September 22 2024 | LG Chem announced plans to supply cathode materials to Prime Planet Energy & Solutions Inc. (PPES), a Japanese battery joint venture between Toyota Motor Corp. and Panasonic Corp. |
| 2023 | LG Chem acquired AVEO Pharmaceuticals, a U.S. bio firm specializing in renal cell carcinoma, for US$571 million, expanding its life sciences business portfolio. |
| September 2020 | LG Chem unveiled plans to publicly list its energy division under the name LG Energy Solution by December. |
| May 19 2020 | An explosion of an alkylaluminum-based catalyst powder occurred at the LG Chem plant in Seosan during transportation in the packing room. The high-pressure explosion exposed pyrophoric powder to air, causing a fire. One 39-year-old researcher died, and two workers suffered second-degree burns. |
| May 7 2020 | A catastrophic gas leak occurred at the LG Polymer plant in Gopalapatnam, Visakhapatnam, resulting in 12 deaths, over 300 hospitalizations, and approximately 3,000 people evacuated from a five-kilometer radius. The leak happened around 2:30 am while workers were preparing to reopen the plant after COVID-19 lockdown restrictions were relaxed. |
| April 2019 | LG Chem filed a lawsuit against rival SK Innovation, alleging theft of trade secrets related to electric vehicle battery manufacturing. |
| April 2 2017 | Financial Times reported LG Chem's plans to expand battery production in China, where the country accounted for one-third of the company's total sales at the time. |
| 2013 | LG Chem Michigan plant started manufacturing battery systems for electric vehicles, including Chevrolet Volt and Ford Focus Electric. |
| December 31 2011 | By the end of the year, LG Chem became the world's third-largest battery maker with an annual production capacity of 1 billion cells. |
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