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LG Chem to invest $5.3B in battery materials by 2025; part of $8.8B investment in new growth engines LG Chem will invest 6 trillion KRW (US$5.3 billion) in battery materials by 2025, including efforts in anode materials, separation membranes, cathode binders, radiant adhesives, carbon nanotubes, and more, according to LG Chem CEO Hak Cheol Shin. The investment is part of a 10 trillion KRW (US$8.8 billion) investment in new growth engines, also including eco-friendly materials (3 trillion KRW) and new drugs (1 trillion KRW). LG Chem’s goal is to grow into the world’s largest comprehensive battery materials company having all core battery materials such as separation membranes, cathode binders, and to become Nº 1 in the world for anodes.

Hak cheol shinPetrochemicals companyHak cheolGumi plantஹக் செயல் தாடைபெட்ரோ கெமிக்கல்ஸ் நிறுவனம்குமி ஆலை