LG Chem Ltd. is one of the world’s largest producers of advanced chemicals and materials in and a leading supplier of lithium-ion batteries. The $14 billion, Korea-based company employs over 14,000 people worldwide and comprises three primary businesses: chemicals and polymers, industrial materials, and information and electronic materials. Lithium-ion batteries are part of LG Chem’s Information and Electronic Materials business and have been identified as a primary growth area for the company. In fact, investment in lithium-ion batteries has grown five-fold over the past seven years.
As a recognized leader in the development and production of lithium-ion batteries, LG Chem provides expertise, synergies and a respected global brand that adds value to LGCPI’s mission to become the supplier of choice for lithium-ion batteries.
LG Chem has four research and development facilities (US, China, Japan and South Korea) and three manufacturing facilities (two in South Korea and one in China) dedicated to the engineering and production of lithium-ion batteries.
To be the North American center of excellence for the design and development of Battery Management Systems, Modules and Packs in collaboration with the Korea team and serve as the interface for local customers to make LG Chem Energy Solution Company the global leader in Li-ion batteries for vehicle and energy storage applications.