LG Chem Expands Battery Plants in China

The work is driven by increased global demand.

IEN Staff
Jan 10, 2019
Lg Chem
Screaming Power, @ScreamingPower

LG Chem will reportedly invest 1.2 trillion won ($1.07 billion) to expand a pair of battery plants in China.

The work is driven by increased global demand.  

According to the company, it will split the investment between an electric vehicle battery plant and another small-sized battery plant. 



Latest in Operations
Industrial Media Unboxing Video
Sponsored
Industrial Media Unboxing Video
December 3, 2024
Governor Tony Evers speaks during an announcement of Eli Lilly expanding in Bristol, Wis., Thursday, Dec. 5, 2024, as Lilly said it will expand a Kenosha County, Wis., factory it bought early this year.
Eli Lilly Invests $3B to Expand Wisconsin Factory
December 6, 2024
The Arleigh Class destroyer USS Nitze, DDG 94, sailing down the York River near Yorktown, Virginia.
Dwarfed by China in Shipbuilding, U.S. Looks to Build its Defense Base to Fend Off War
December 6, 2024
'Welcome to Nippon Steel' sign in front of Blast Furnace No. 1 at Nippon Steel's Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024.
Japan's Nippon Steel Sets Sights on Growing Overseas Market in Bid to Acquire U.S. Steel
December 6, 2024
Related Stories
Banner for NSF's ExLENT program.
Operations
NSF Announces Funding Opportunity to Train and Expand the U.S. Workforce
Visitors walk past the 'Super Micro' both at the Computex Taipei exhibition, one of the world's largest IT expos, in Taipei, Taiwan, Tuesday, June 5, 2018.
Operations
Review Finds No Evidence of Misconduct at Server Maker Super Micro
Don't upset your grandmother.
Operations
7 Thanksgiving Mistakes People Still Make
Today in Manufacturing Podcast
Sponsor Content
Today in Manufacturing Podcast
More in Operations
Today in Manufacturing Podcast
Sponsored
Today in Manufacturing Podcast
Today in Manufacturing has a new podcast brought to you by the editors of Industrial Media. In each episode, we discuss the five biggest stories in manufacturing, and the implications they have on the industry moving forward.
November 11, 2024
Governor Tony Evers speaks during an announcement of Eli Lilly expanding in Bristol, Wis., Thursday, Dec. 5, 2024, as Lilly said it will expand a Kenosha County, Wis., factory it bought early this year.
Operations
Eli Lilly Invests $3B to Expand Wisconsin Factory
The investment will help meet demand for Mounjaro and Zepbound.
December 6, 2024
The Arleigh Class destroyer USS Nitze, DDG 94, sailing down the York River near Yorktown, Virginia.
Operations
Dwarfed by China in Shipbuilding, U.S. Looks to Build its Defense Base to Fend Off War
The U.S. lacks the capacity to “deter and win a fight.”
December 6, 2024
'Welcome to Nippon Steel' sign in front of Blast Furnace No. 1 at Nippon Steel's Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024.
Operations
Japan's Nippon Steel Sets Sights on Growing Overseas Market in Bid to Acquire U.S. Steel
Nippon Steel Corp. has its eyes on India, Southeast Asia and the U.S.
December 6, 2024
I Stock 1733214249
Operations
Solving Thermal Management Through Material Selection
Successful thermal management is more critical than ever.
December 5, 2024
Women Manufacturing
Operations
Work-Life Balance Isn't Working for Women
More women than men report having to address personal or family needs at work.
December 5, 2024
Commander Jared Isaacman speaks at a news conference after arriving at the Kennedy Space Center for an upcoming private human spaceflight mission in Cape Canaveral, Fla., Monday, Aug. 19, 2024.
Operations
Billionaire who Performed the First Private Spacewalk is Trump's Pick to Lead NASA
Jared Isaacman has been a close collaborator with Musk ever since buying his first chartered flight with SpaceX.
December 5, 2024
NASA astronauts Suni Williams, left, and Butch Wilmore stand together for a photo enroute to the launch pad at Space Launch Complex 41 Wednesday, June 5, 2024, in Cape Canaveral, Fla., for their liftoff on the Boeing Starliner capsule to the international space station.
Operations
NASA's Stuck Astronauts Hit 6 Months in Space
Two months remain in the NASA, Boeing, SpaceX saga.
December 5, 2024
Biometric wearables pair with short-range wireless NFC technology in mobile workstations like ARISTA’s to expedite identification, authorized access and communication.
Operations
Biometric ID Drives Pharma Manufacturing Security and Efficiency
Pharmaceutical manufacturers are increasingly turning to wearable biometric ID products.
December 5, 2024
Soc
Operations
Report Explores Network Security Trends in Manufacturing
Where the industry continues to struggle, and how hackers are taking advantage.
December 4, 2024
Online Safety And Security
Operations
Bullied by Hackers
The three reasons behind manufacturing’s cyber struggle.
December 4, 2024
A worker packages popsicles at an artisanal factory in Salcedo, Ecuador, Nov. 28, 2024.
Operations
Power Shortages Melt Away Ecuadorian Town's Ice Cream Industry
Outages have halted production and storage, causing much of the product to melt.
December 4, 2024
An unidentified person leaves Enron Corp. headquarters in Houston at the end of the day Jan. 22, 2002.
Operations
Is Enron Back?
If it's a joke, some former employees aren't laughing.
December 4, 2024
The Renaissance Center is shown near the Detroit-Windsor tunnel plaza in Detroit, Aug. 9, 2021.
Operations
Losses in China Lead to $5 Billion Charge for General Motors as it Cuts the Value of its Assets
The noncash charges will reduce the company's net income.
December 4, 2024
I Stock 606006378
Operations
ABB Completes Acquisition of Aurora Motors
Aurora is a $4 million provider of vertical pump motors.
December 3, 2024