LG Chem

LG Chem has granted global licensing rights for an oral treatment for rare obesity disorders to U.S.-based Rhythm Pharmaceuticals Inc., which is now set to begin its active development.   On the 24th, Rhythm Pharmaceuticals, LG Chem’s partner, announced the initiation of the first patient dosing in a Phase 2 clinical trial for LB54640.   See more: https://lnkd.in/gCrNVBQF   #LGChem #WeConnectScience #LifeSciences

💡Don’t miss our upcoming #webinar on sustainable engineering materials!   LG Chem’s Engineering Material Department invites you to an informative webinar on sustainable solutions for engineering materials. Gain insights into the latest advancements in sustainable and flame-retardant engineering materials directly from our experts. Register now and secure your spot!   • Date: August 6th, 9 AM~10 AM US EST (10 PM~11 PM KST) • Topics: - Sustainable Solutions for Engineering Materials - #PFAS-Free Solutions for Flame Retardant Engineering Materials • Platform: Zoom Webinar • Registration: https://lnkd.in/gDuNDpdq   #LGChem #WeConnectScience

LG Chem reported its consolidated financial results for the second quarter on the 25th, recording a revenue of USD 8.9 billion (KRW 12.2997 trillion) and an operating profit of USD 293 million (KRW 405.9 billion).   See more: https://lnkd.in/gGWVqPrA   #LGChem #WeConnectScience #Earnings

Introducing #CNT, a groundbreaking material for the nano age that will transform traditional industrial materials like steel, diamond, copper, and fiber.   CNT (Carbon Nanotube) is the strongest and toughest material discovered to date in terms of tensile strength and elastic modulus. In addition, it is lighter than many metals, including aluminum, and has excellent electrical and thermal conductivity.   LG Chem embarked on R&D in 2011 with the goal of developing proprietary CNT technology. To secure a competitive edge in the rapidly growing global CNT market, especially in battery materials, LG Chem has been continuously expanding its CNT production capacity. Starting with the operation of the 500-ton capacity CNT Plant 1 in 2017, LG Chem is currently building CNT Plant 4. Upon completion of CNT Plant 4 in 2025, LG Chem will secure an annual CNT production capacity of 6,100 tons.   #LGChem #WeConnectScience #CarbonNanotube

LG Chem is enhancing its investment in manufacturing automation at its reverse osmosis (RO) membrane plant in Korea. Leveraging its decades of expertise in automated manufacturing, the facility is now among the most advanced and efficient production lines worldwide. Following the expansion of its RO manufacturing facility, LG Water Solutions, the #ROmembrane business unit of LG Chem, will significantly increase its production capacity. "With the second plant set to become commercially operational in 2028, we expect annual sales to reach approximately $288.8 million (400 billion won), doubling our 2023 figures," stated Hoon Hyung, PhD, PE, Head of LG Water Solutions. Learn more: https://lnkd.in/g83G92pM   #LGChem #WeConnectScience #LGWaterSolutions #NanoH2O

#HDPE (High-Density Polyethylene) is one of the most versatile plastics with extensive applications, ranging from food and cosmetic containers to toys, pipes, packaging films for industrial use, and more. Thanks to its excellent processability, impact resistance, and chemical resistance, HDPE can be sterilized at high temperatures and is safe to use in the microwave. LG Chem produces not only HDPE but also Bio-Circular Balanced HDPE, an eco-friendly material that incorporates biomaterials such as waste cooking oil into fossil fuel-based raw materials. · Product Inquiries: https://bit.ly/4cZDhwN #LGChem #WeConnectScience

LG Chem's heat-resistant ABS (XR438) has been mass-produced for Hyundai Kia Motor Company's (HKMC) trunk lid garnish. By using LG Chem's heat-resistant ABS, #HKMC has effectively resolved common quality issues related to painting and molding defects in large automotive exterior parts, thereby reducing defect-related costs.   To achieve these results, LG Chem employed the same evaluation tools as HKMC for thorough comparative analysis and verification. Supported by quantitative 3D scanning data, this process led to a more than 10% reduction in painting defects, greatly enhancing customer satisfaction.   The application of LG Chem's heat-resistant #ABS in HKMC's mass production marks a significant milestone in the automotive market, where OEM material approval is crucial. This success lays the foundation for expanded applications in new models and vehicle types. LG Chem and HKMC are committed to continuously providing more advanced products and services, enhancing our collaboration and mutual growth.   Learn more about XR438, LG Chem’s heat-resistant ABS: https://lnkd.in/gMbJRR2s   #LGChem #WeConnectScience

#CNT is used not only in secondary batteries but also in automobiles, aircraft, and semiconductors. LG Chem is expanding its CNT production capacity to gain a competitive edge in the rapidly growing global CNT market, with a particular focus on battery materials.   Once LG Chem's CNT Plant 4 is completed in 2025, the production capacity of CNT will increase from the current 2,900 tons to 6,100 tons. Using independently developed fluidized bed reactors, LG Chem's CNT plants can mass-produce up to 600 tons per production line annually, the largest scale in the world for a single line.   Learn more about CNT on our blog. 👉https://lnkd.in/dhsye7Wz   #LGChem #WeConnectScience

Welcome to a virtual tour of our LGCAI!   Established in 2009, LG Chem America, Inc. (LGCAI) is the American Business Service Center of LG Chem, employing 119 dedicated professionals. As the hub of LG Chem's operations in the Americas, #LGCAI handles the sales of petrochemical products such as ABS/SAN, SAP, and more. LGCAI is a growing organization through consistent investment to enhance customer value.   #LGChem #WeConnectScience

Bio-PA (Bio-based Polyamide) is an eco-friendly material made from biomonomers extracted from renewable sources like corn and sugarcane, significantly reducing carbon emissions and reliance on petroleum-based raw materials. With its excellent heat and impact resistance, Bio-PA can replace metals and virgin PA66 parts in the automotive and electrical and electronics industries. Product Inquiries: https://bit.ly/3XIEtk1 #LGChem #WeConnectScience #BioPA