In the battery materials sector, LG Chem is enhancing the development of next-generation cathode materials, including high-voltage mid-nickel (HV Mid-Ni), lithium manganese-rich (LMR), and lithium iron phosphate (LFP). The company is also working on sodium-ion battery (SIB) materials while focusing on optimizing its production base in Tennessee, North America, to secure price competitiveness.
The company is also pursuing global expansion in its oncology pharmaceuticals business. Clinical trials are underway for treatments targeting head and neck cancers and immuno-oncology therapies, with plans to explore adjacent areas such as women's health and osteoporosis.
In the eco-friendly sector, LG Chem is strengthening its low-carbon materials business based on PCR (post-consumer recycled) plastics and bio-based raw materials. The company is accelerating the development of next-generation low-carbon technologies, including biofuels derived from used cooking oil (HVO), sustainable aviation fuel (SAF), dry reforming of methane (DRM), and e-SAF.
The specialty business is being restructured around high-performance materials, including high-heat ABS, ultra-high molecular weight SSBR, and high-purity IPA for semiconductors. LG Chem is also aiming to expand its high-value product lineup, targeting PVC for electric vehicle fast-charging cables, aerogels, and SAN for cosmetic containers.
* This article has been translated by AI.
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