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2002.12.23 LG

EDC Plant in Australia
 http://www.lgchemir.com/ceil/pdf/EEDC.pdf

Background
LG Chem will build EDC manufacturing plant with capacity of 300,000 MT in Gladstone, Australia by 2005 through cooperation with Cheetham Salt Ltd. of Australia and others.

Why Australia
We chose Australia since it has easy access to low-cost electricity and salts, and a large market for caustic soda, its byproducts.  

Production status of PVC & EDC

 


2002.04.12 LG

Divestiture of Epoxy Business
 http://www.lgchemir.com/ceil/pdf/epoxy.pdf

 

Based on the company strategy to focus on selective core business areas, and the companys restructuring efforts, the epoxy business was decided to be sold to Bakelite, a German company.

Background of the sale and expected benefit

Epoxy business is recognized as a non-core business for the long-term business strategy, with limitations in gaining competitive edge due to increased competition and excess supply.

On Bakelite
Bakelite is the world
s first developer of Phenol, specializing in thermo setting resin. Recently, Bakelite is making aggressive entry into the Asian region in areas such as EP compound and Epoxy resin.


2014/3/19 

韓国LG化学 米のRO膜メーカー買収

韓国LG化学は、逆浸透(RO)膜事業に進出する。米国RO膜メーカーのNanoH2Oを2億ドルで買収、4月末までに契約完了を目指す。
海水淡水化に特化したRO膜メーカーの買収により、日本メーカーが高いシェアを持つRO膜市場へ本格参入する。

LGグループは2012年にLG電子が日立プラントテクノロジーと水処理の合弁会社を設立するなど水処理事業に注力している。RO膜を手掛けることで水ビジネスの拡大に乗り出す。

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Mar 17, 2014 Bloomberg

LG Chem to Acquire U.S. Desalination Membrane Innovator NanoH2O

NanoH2O Inc., a manufacturer of reverse-osmosis membranes
逆浸透(RO)膜 that purify seawater to drinking quality while lowering the cost of desalination, is being purchased by Seoul-based LG Chem Ltd. for $200 million.

The Southern California startup, established in 2005 from research that stemmed from the University of California at Los Angeles, makes water potable from fresh, brackish and saltwater sources. The acquisition is expected to close next month, LG Chem said in a filing to the Korea Exchange on March 14.

The purchase takes place amid record drought from California to southeast Asia and rising water-scarcity issues. NanoH2O, whose nanocomposite and polymer technologies improve energy-efficiency and power costs in water production, has been backed by investors including Khosla Ventures, Oak Investment Partners, BASF Venture Capital GmbH, Total Energy Ventures International and the China-focused fund Keytone Ventures.

NanoH2O agreed in 2013 to build a plant on the Yangtze River delta at Liyang, China, that’s due to be completed later this year. With the second-largest economy, China is one of the biggest desalination markets in the world.

LG Chem’s board of directors approved buying NanoH2O to boost its water-treatment filter business, according to the March 14 statement. The Korea Economic Daily and Yonhap News Agency earlier reported the deal.

October 21, 2013  中国に生産工場

NanoH2O Inc., manufacturer of the most efficient and cost-effective reverse osmosis (RO) membranes for seawater desalination, today announced plans to build a manufacturing facility in Liyang 栗陽, China, a city in the Yangtze River Delta 250 kilometers west of Shanghai. The 10,000 square meter facility will be the company’s second fully integrated manufacturing plant, following the first located in Los Angeles, California. The China facility comes at a total investment of $45 million and is expected to be operational by the end of 2014.

November 4, 2013 サウジで海水淡水化 2件受注

NanoH2O, Inc., manufacturer of the most efficient and cost effective reverse osmosis (RO) membranes for seawater desalination, has been selected for two large projects in the Kingdom of Saudi Arabia. The first project, awarded by Al Fatah Water and Power International, is for phase II of the Jubail desalination plant in which QuantumFlux membranes will produce 13,000 cubic meters of water per day. The second project, a desalination plant to be designed by AES Arabia at the King Abdullah University of Science and Technology (“KAUST”) Research Park, will produce 15,000 cubic meters of water per day.  Both installations are scheduled for 2014.

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2012年1月31日

LG電子と日立プラントテクノロジーの水事業合弁会社
「LG-Hitachi Water Solutions」が発足

LG Electronics, Inc.と、日立プラントテクノロジーは、2011年7月の合弁契約締結を受けて設立準備を進めてきた水事業に関する合弁会社LG-Hitachi Water Solutions Co., Ltd.(本社:韓国ソウル市)が2012年2月1日に発足することをお知らせします。
出資比率はLG電子が51%、日立プラントテクノロジーが49%

LG-Hitachi Water Solutionsでは、主に韓国における各種工場の排水処理設備や上水・下水処理施設向けの機器の製造・販売をはじめ、システムの設計・調達・建設(EPC)、施設の運転・維持管理(O&M)、および水処理技術の研究開発を行います。また、将来的には、第三国における水事業に参画していくことも検討します。


2014/05/21 Yonhap

Renault inks MOU with LG Chem to jointly develop future EV batteries

Renault S.A., the world's largest manufacturer of electric vehicles (EV), said Wednesday that it has signed an agreement with LG Chem to jointly develop high density batteries that will power its next-generation zero emission cars.

The French automaker, which controls Renault-Nissan Alliance and South Korea's Renault Samsung Motors Co., said the agreement lays the foundation for its next-generation EVs to be powered by lithium ion batteries made by LG Chem, already an established leader in the vehicle power storage sector. The batteries will give cars longer endurance and reduce range concerns that have restricted growth of the global EV market.

2000年、三星自動車は会社設立から約6年、操業から1年4か月で経営破綻した。
ルノーが株式の80.1%を取得して筆頭株主となった(残りの19.9%は三星グループが保有)

Renault currently markets the Twizy, Zoe, Fluence Z.E. and Kangoo Van Z.E. electric cars. Counting Nissan's Leaf, the world's fourth-largest automotive alliance had sold 100,000 EV as of July 2013. In South Korea, Renault Samsung sells the SM3 Z.E. that is based on the Fluence.

Thierry Bollore, the carmaker's chief competitive officer who signed the agreement for Renault in Seoul, outlined the company's commitment to making battery packs that can power zero emission cars. The executive confirmed the company's desire to contribute to the growth of South Korea's car industry through Renault Samsung.

LG Chem said the latest tie-up with Renault will speed up demand for EVs and make them more commonplace.

ーーーーーーーー

Renault, the world's top producer of electric vehicles (EVs), has agreed with Korea's LG Chem to use LG-developed batteries for its next-generation EVs, LG Chem said Wednesday.

"LG Chem will jointly collaborate with Renault Group for the development of next-generation rechargeable batteries to be used in Renault's new and premium EVs, which will be coming out a few years later," said LG Chem spokesman C.S. Song.

Song said that Renault's upcoming EVs will adopt LG-patented high-density and energy-efficient lithium-ion batteries.

The spokesman declined to unveil additional details such as the guaranteed battery volume LG promised to the French car manufacturer.

Under the agreement, Renault technicians will be coming to LG's battery-manufacturing factory in the local provincial city of Ochang, south of Seoul.

"Two or three more years will be needed to report visible results," the official said.

LG Chem President Kwon Young-soo said the agreement will help the firm stay ahead of its rivals in the heated race for EV batteries.

Kwon said LG Chem will further strengthen its strategic business partnership with Renault.

Renault is one of the most-trusted of LG Chem's battery partners.

While Renault has a battery-making division ― AESC, a joint venture between Nissan and NEC ― the French automaker has been consistent in using LG-developed batteries over the last few years.

オートモーティブエナジーサプライ株式会社 (略称:AESC)
Automotive Energy Supply Corporation

日産自動車 51%、日本電気 42%、NECエナジーデバイス 7%


LG Chem has been supplying its batteries to Renault's three EV models ― Twizy, Zoe and SM3 Z.E.

   -------------

2012/7/30  monoist.atmarkit.co.jp

ルノーがLG ChemとEV用電池で提携、「ZOE」は日産製電池を採用せず
 
ルノーとフランス原子力庁は、電気自動車(EV)用次世代電池の量産開発でLG Chemと提携すると発表した。LG Chemは、このEV用次世代電池の工場をフランス国内に建設するとともに、同工場で2015年末からEV用電池の現行品の量産を開始する。ルノーが 2012年末発売予定の小型EV「ZOE」も、LG Chem製の電池を採用することが明らかになった。

 Renault(ルノー)とフランス原子力庁(CEA)は2012年7月27日(欧州時間)、研究を進めていた電気自動車(EV)用次世代電池の量産開発でLG Chemと提携すると発表した。LG Chemは、このEV用次世代電池の工場をフランス国内に建設するとともに、同工場で2015年末からEV用電池の現行品の量産を開始する。EV用次世代電池の量産は2017年前半に始める計画だ。2012年9月に、3者の間で正式契約を結ぶ予定だ。

 LG Chemは、EV用次世代電池の量産化技術開発への貢献が期待されている。ルノーとCEAは、EV用リチウムイオン電池で有力なLG Chemの工場を誘致することにより、フランス国内における経済的価値と雇用、EV技術で世界をリードする地位を獲得できるとしている。

日産のEV用電池量産計画は?

 ルノーと日産自動車のアライアンス(ルノー・日産アライアンス)は2009年11月、日産自動車の子会社であるオートモーティブエナジーサプライ(AESC)の技術をベースにしたEV用電池工場を、2012年半ばまでにルノーのフラン工場に建設する計画を発表していた。しかしルノーは2011年7 月、建設計画の2014年までの延期を表明。さらに2011年9月には、日産自動車がルノーのフラン工場を借り上げて、EV用電池を単独で生産する方針に転換したと報道されていた。

 この頃まで、ルノーが2012年末に出荷を予定している小型EV「ZOE」の電池は、AESCの技術がベースになると考えられていた。しかし 2012年7月上旬には、LG ChemがZOEの電池を供給することが明らかになった。なお、現在ルノーが販売中のEVの電池については、小型商用車「Kangoo Z.E.」とセダン「Fluence Z.E.」向けはAESCが、2人乗りの超小型車「Twizy」向けはLG Chemが供給している。

 今回の発表により、ルノーはLG ChmeとEV用電池の開発と量産で強固な提携を結ぶことになる。これにより、日産自動車が計画していた、ルノーのフラン工場におけるEV用電池の生産がどうなるかが注目される。

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中央日報日本語版 5月20日

韓国LG化学、“バッテリー宗主国”日本に特許輸出

 

LG化学が独自開発した特許を“バッテリー宗主国”の日本に輸出した。

LG化学は日本電池材料生産会社の宇部マクセルに安全性強化セパレーター(SRS)関連特許を有償で販売する内容のライセンス契約を結んだと18日、発表した。

LG化学のSRS技術はバッテリーの核心素材セパレーターにセラミックをコーティングし、熱と機械的強度を高め、内部の短絡(ショート)を防ぐ役割をする。代表的な二次電池であるリチウムイオンバッテリーの安全性を決める核心技術だ。

LG化学はSRS関連技術の特許を2007年に韓国、2010年に米国、2012年に中国で登録した。

 


May 23, 2014   

First ABS plant in South China on stream

South China, which houses a significant share of China’s plastic manufacturing, has never had local ABS production, until now.

CNOOC & LG Chem Petrochemicals Co. Ltd., a 50/50 joint venture between China’s state-owned CNOOC and Seoul-based LG Chem, has commenced production on its 150,000-ton phase one project in the spring of 2014, the company told Plastics News.

The company is “actively preparing for” the second phase, which has been approved by the provincial government and double the plant’s capacity to 300,000 tons upon completion.

The plant is located in the Daya Bay Petrochemical Industrial District in Huizhou, Guangdong province, neighboring CSPS (a JV between CNOOC and Shell) and the Huizhou Refinery and Ethylene project.

It conveniently sources feedstock “across the wall” from its neighbors, the company said in a statement.

Given the oversaturation of China’s standard ABS market, this plant is focused on specialty grades and high-end standard grades, serving processors in South and East China. The company said it is supplying materials to appliances giants as well as makers of consumer products and toys.

The total investment of the plant comes to 2.5 billion yuan ($400.8 million).

The project was initiated in 2008, when the two companies signed a framework agreement.

 


Sep 12, 2016  

LG Chem to buy LG Life Sciences for nearly $1 billion

South Korean chemicals and battery maker LG Chem on Monday said it plans to acquire pharmaceutical affiliate LG Life Sciences for about 1.1 trillion won ($989.56 million) to make its bio business a new growth engine.

LG Life Sciences investors will receive about 0.26 of a common share in LG Chem for each share they own and about 0.25 of a preferred share in LG Chem, the two companies said in a regulatory filing.

株主

LG Corp. 30.4%
National Pension Service of Korea 13.1%
Allianz Global Investors Korea Ltd. 5.07%

LG Chem said it would complete a merger by Jan. 1.

In January, LG Chem agreed to buy seeds, pesticides and fertilisers maker Dongbu Farm Hannong for 515.2 billion won. 
              
2016/1/18  LG Chem、農業化学に進出

The company said it would achieve a sales of 5 trillion won from its bio business by 2025.

ーーー

"LG Group seems to be seeking next-generation growth engines through the merger," said an analyst.

LG Life Sciences was spun off from LG Chem in 2002 but failed to make a major breakthrough in the country's pharmaceutical industry ― its sales amounted to 450.5 billion won last year, less than half of market leader Hanmi Pharmaceutical's 1.32 trillion won.

ーーー

In August 2002, LG Life Sciences was upgraded from a business division to a full-fledged LG affiliate in order to grow as a life sciences specialist and maximize shareholder value.

LG Life Sciences began research in genetic engineering in 1981 and has invested steadily in the life sciences ever since. This effort has already resulted in world-class technology and product capabilities. The company has focused R&D resources and know-how on three areas-pharmaceuticals, animal health and specialty chemicals.

LG Life Sciences has developed and commercialized an array of pharmaceuticals over the years. These include interferon in 1989 (Intermax-gamma) and 1992 (Intermax-alpha), hepatitis B vaccine in 1992 (EUVAX B™), human growth hormone in 1993 (EUTROPIN™), degenerative arthritis treatment in 2005 (HYRUAN Plus™), rhFSH (recombinant human follicle stimulating hormone) in 2006 (Follitrope™), and SR-hGH (Sustained Release-human Growth Hormone) in 2007 (Declage™). A company milestone was reached in 2003, when its next-generation quinolone antibiotic (FACTIVE®) was approved by the FDA in the United States.

LG Life Sciences has succeeded in animal health products including the 1994 commercialization of recombinant bovine somatotropin (BST, product name BOOSTIN®). The product, which is used to increase milk production in lactating dairy cows, has achieved the top share in numerous national markets. In 2006, LG Life Sciences has also launched a bovine mastitis vaccine (MastaVac) that reduces the number of somatic cells, relieving clinical symptoms in a cow that has been infected with mastitis.

As for specialty chemicals, LG Life Sciences completed in-house development of Korea's first new herbicide (PYANCOR®) for rice in 1997 and fungicide (GUARDIAN®) for use in horticulture in 1999. A new herbicide (FLUXO®) for both pre- and post-emergence rice was completed in 2004.