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LG Chem to supply cathode materials to Japanese battery firm PPES LG Chem, South Korea's leading chemical company, said on Sunday it plans to supply cathode materials to Prime Planet Energy and Solutions (PPES), a Japanese battery joint venture established between Toyota Motor and Panasonic.  LG Chem said it has secured PPES as a new customer as part of its global expansion strategy, and it plans to supply cathode materials to the Japanese firm starting in 2026, reports Yonhap news agency. In line with PPES' low-carbon vision, LG Chem sai...
LG Chem to supply cathode materials to Japanese battery firm PPES
LG Chem to supply cathode materials to Japanese battery firm PPES
Source: IANS
2024-09-22 06:03:10 pm
Big companies increased R&D investment in S. Korea in 2023 Big companies in South Korea increased their investments in research and development (R&D) activities last year despite decreased earnings, a corporate data tracker said on Tuesday. Their combined R&D investments rose 9.4 percent to 73.42 trillion won ($54 billion) in 2023 from 67.14 trillion won a year earlier, according to a recent survey of 224 firms by the data tracker CEO Score. They suffered declines in sales and operating profit due to an economic slowdown but they execut...
Big companies increased R&D investment in S. Korea in 2023
Big companies increased R&D investment in S. Korea in 2023
Source: IANS
2024-04-09 09:46:11 am
Korea Zinc, LG Chem partner for business opportunities in US recycling market  Korea Zinc, South Korea's leading nonferrous metal processing firm, said on Friday that it has partnered with chemical company LG Chem Ltd for business opportunities in the used plastics recycling market in the US. Korea Zinc signed a memorandum of understanding with LG Chem to win used plastics recycling projects in the United States based on their e-waste processing and used plastics recycling technologies, respectively, the company said in a statement. In 2022, Korea Zinc a...
Korea Zinc, LG Chem partner for business opportunities in US recycling market
Korea Zinc, LG Chem partner for business opportunities in US recycling market
Source: IANS
2024-03-15 09:47:50 am
LG Chem signs deal to sell rights to anti-obesity drug to US` Rhythm Pharma South Korean chemical company LG Chem on Friday signed a deal to sell the global licensing rights for an anti-obesity drug candidate named LB54640 to a US' Rhythm Pharmaceuticals for up to US$305 million, the media reported. As per a company statement, LG Chem will initially receive $100 million and later up to $205 million depending on certain milestones in the process of the drug's development and commercialisation, Yonhap news reported. In addition, LG Chem will receive royal...
LG Chem signs deal to sell rights to anti-obesity drug to US` Rhythm Pharma
LG Chem signs deal to sell rights to anti-obesity drug to US` Rhythm Pharma
Source: IANS
2024-01-05 12:42:41 pm