UPDATED. 2024-03-29 18:03 (금)
LG Chem completes new anode factory in China
LG Chem completes new anode factory in China
  • Stan Lee
  • 승인 2020.09.15 18:55
  • 댓글 0
이 기사를 공유합니다

Together with Huayou Cobalt 
Image: LG Chem
Image: LG Chem

LG Chem has completed its first overseas anode factory in China, the company said on Tuesday.

The factory, called Leyou New Energy materials, at Wuxi is a joint venture with local company Huayou Cobalt.

Construction for the factory began in February 2019. It will produce 45,000 metric tonnes of anode materials per year.

The factory will also produce precursors needed for the anode materials. In total, it will produce some 100,000 metric tonnes of materials.

LG Chem invested 272 billion won in the first half of 2020. In total, the South Korean battery giant invested 324 billion won into the factory. LG Chem vice president Park Hong-kyu will head the joint venture.

The joint venture will supply anode materials to LG Chem’s battery factory in Nanjing, 180 kilometers away from Wuxi.

LG Chem will now speed up the expansion of its second factory at Nanjing. The buildings are already in place. The company has placed orders for equipment to put inside.

The company plans to invest 1.9771 trillion won to expand the factory. 892.7 billion won has been spent out of that total during the first half of 2020.

LG Chem plans to build another anode factory in South Korea next year. It plans to localize the supply of them by 50% in the long-term.

Back in October, 2016, the company acquired GS EM’s noade material business but  local supply of them still accounts for less than 20%.

In 2018, LG Chem used 100,000 metric tonnes of anode materials. This year this will increase to over 300,000 metric tonnes.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트