South Korea’s LG Chem is to acquire US biopharma Aveo Oncology for an equity value of $566 million. Based in Boston, Massachusetts, Aveo is focused on developing cancer...
South Korean chemical giant LG Chem has announced plans to invest 2.6 trillion won – or $2.2 billion – in building 10 new plants for environmentally friendly materials by...
03.07.2014
- South Korea's LG Chem has signed a memorandum of understanding to build a factory for electric vehicle batteries in China by 2015, betting on growing demand in the world's top car...
13.12.2013
- In Move Toward Consumption-Led Economy, Specialty and High-End Chemical Segments Will Further ExpandA World Leader - The chemical industry in China is both a key driver and prime...
13.05.2013
- Petrochemical firms risk creating a glut of high-end products in Asia as they invest billions of dollars to move up a value chain threatened at the bottom end by cheap U.S...
13.12.2011
- Dr. Günter von Au, CEO of Süd-Chemie, Munich/Germany, and Peter Bahnsuk Kim, Vice Chairman and CEO of LG Chem, Ltd., Seoul/Korea, have signed a Memorandum of Understanding (MoU) to...
06.12.2011
- LG Chem said that it has suspended a plan to build a polysilicon production plant because of worsening market conditions. In June, South Korea's largest chemical company said it...
31.10.2011
- Korea's LG Chem said it is considering delaying a new investment plan to build a polysilicon production plant due to changes in the solar industry. The country's largest chemical...