051915.KS - LG Chem, Ltd.

KSE - KSE Delayed Price. Currency in KRW
166,000.00
0.00 (0.00%)
As of 9:42AM KST. Market open.
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Previous Close166,000.00
Open166,500.00
Bid166,000.00 x 0
Ask166,500.00 x 0
Day's Range166,000.00 - 168,000.00
52 Week Range159,000.00 - 214,500.00
Volume779
Avg. Volume13,710
Market Cap23.952T
Beta (3Y Monthly)0.43
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield6,050.00 (3.70%)
Ex-Dividend Date2018-12-27
1y Target EstN/A
  • Business Wire

    LG Chem to Seek Innovative Technology Ideas Worldwide through 2nd Global Innovation Contest

    LG Chem (051910.KS) announced on 25th that it will host the 2nd Global Innovation Contest (GIC) for leading universities and research institutions worldwide. Being the first of its kind in Korean chemical industry, Global Innovation Contest invites organizations around the world to discover innovative ideas and technologies. The contest is open for entry until 30th September in 4 categories: Petrochemicals, Batteries, Advanced Materials, and Bio technologies.

  • Reuters

    LG Chem plans to invest $424 million for battery material plant in South Korea

    South Korean battery maker LG Chem Ltd said on Thursday it had agreed to invest 500 billion won ($424.03 million) to build a factory in South Korea to produce cathode material for lithium-ion batteries. Cathode production will start from late 2022, said a company official. The company is one of the leading electric vehicle battery makers in the world and counts General Motors and Volkswagen among its customers.

  • Exclusive: LG Chem considering building second U.S. EV battery plant - sources
    Reuters

    Exclusive: LG Chem considering building second U.S. EV battery plant - sources

    SEOUL/DETROIT (Reuters) - South Korean electric vehicle (EV) battery maker LG Chem is considering building a second U.S. factory, three people familiar with the matter said, accelerating a race to add capacity to meet growing global demand for green vehicles. LG Chem, one of the leading EV battery makers in the world that counts General Motors and Volkswagen among its customers, is weighing investing about 2 trillion won ($1.70 billion) in the plant that could begin production in 2022, one of the people said. Automakers are pushing ahead with billions of dollars in investments in electric vehicles to meet global regulatory requirements.

  • South Korea's LG Chem to team up with China's Geely on EV batteries
    Reuters

    South Korea's LG Chem to team up with China's Geely on EV batteries

    South Korean battery maker LG Chem Ltd said on Thursday it had signed an agreement to set up a joint venture with China's Geely Automobile Holdings Ltd to produce batteries for electric vehicles. The joint venture would have annual production capacity of 10 GWh by the end of 2021, and its products would be supplied to Geely's electric vehicles from 2022, LG Chem said in a statement. The two parties would invest $94 million each in the venture, LG Chem said in a statement.

  • Volvo Cars signs 'multi-billion dollar' supply deals with Asian battery firms
    CNBC

    Volvo Cars signs 'multi-billion dollar' supply deals with Asian battery firms

    The company has lofty ambitions when it comes to electric mobility.

  • Reuters

    Volvo taps Asia's LG Chem, CATL for long-term battery supplies

    SEOUL/BEIJING (Reuters) - Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with Asian firms LG Chem and Contemporary Amperex Technology Co Ltd (CATL), as it pushes its EV target of 50 percent of sales by 2025. The agreements follow a series of pacts between Asia-based battery companies and global carmakers, who are planning a $300 billion (232 billion pounds) surge in spending on electric vehicle (EV) technology over the decade. Long-term battery supply arrangements are much-valued by carmakers and investors, as they help to clear supply bottlenecks at a time of soaring demand and hold out the promise of cheaper batteries over time.

  • EV battery maker LG Chem sues SK Innovation, alleges trade secret theft
    Reuters

    EV battery maker LG Chem sues SK Innovation, alleges trade secret theft

    SEOUL (Reuters) - Electric vehicle (EV) battery maker LG Chem said it has sued its South Korean peer SK Innovation in the United States for alleged theft of trade secrets. LG Chem and its American unit ...

  • Reuters

    South Korea's LG Chem sets up joint venture with Vietnam's VinFast

    South Korea's LG Chem said on Sunday that it has set up a joint venture with Vietnam's VinFast Trading and Production to produce lithium-ion batteries for the Vietnamese carmaker's electric scooters and electric vehicles. The two companies established their joint venture factory in the Vietnamese northern port city of Hai Phong, with an aim to produce lithium-ion battery packs for VinFast's electric scooters that are being made now and electric cars to be produced in the future, the South Korean battery maker said in a statement.

  • Reuters

    Ford and IBM among quartet in Congo cobalt blockchain project

    Carmaker Ford, technology giant IBM, South Korean cathode maker LG Chem and China's Huayou Cobalt have joined forces in the first blockchain project to monitor cobalt supplies from Democratic Republic of Congo. The pilot, overseen by responsible-sourcing group RCS Global, aims to help manufacturers ensure that cobalt used in lithium-ion batteries has not been mined by children or used to fuel conflict. Companies are under pressure from consumers and investors to prove that minerals are sourced without human rights abuses, but tracking raw materials throughout their journey is challenging.

  • Reuters

    LG Chem to spend $1.07 billion on expanding battery plants in China

    SEOUL (Reuters) - South Korea's LG Chem said on Thursday that it plans to invest a total of 1.2 trillion won ($1.07 billion) to expand its two battery plants in China by 2020 in a bid to meet rising global ...

  • Reuters

    Recharge - LG and Samsung take heart as China flags more open car battery market

    SEOUL/BEIJING (Reuters) - For automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd , the Chinese market has begun to offer promise after painful loss-making investments. The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign firms. Since then, Chinese rivals led by Contemporary Amperex Technology (CATL) and BYD Co Ltd (1211.HK) have virtually locked up the world's biggest market for electric vehicle batteries.

  • Recharge: LG and Samsung take heart as China flags more open car battery market
    Reuters

    Recharge: LG and Samsung take heart as China flags more open car battery market

    SEOUL/BEIJING (Reuters) - For automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd , the Chinese market has begun to offer promise after painful loss-making investments. The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign firms. Since then, Chinese rivals led by Contemporary Amperex Technology (CATL) and BYD Co Ltd (1211.HK) have virtually locked up the world's biggest market for electric vehicle batteries.

  • Reuters

    Australia's Kidman Resources, LG Chem ink lithium hydroxide deal

    Australia's Kidman Resources has signed a preliminary deal to supply lithium hydroxide to LG Chem Ltd of South Korea, Kidman said on Wednesday, as suppliers to the electric vehicle industry rush to secure raw materials for a boom in demand. Kidman will supply 12,000 tonnes of lithium hydroxide a year to the diversified chemicals company for 10 years. Australia is shaping up as a top supplier of lithium and other minerals for electric vehicle batteries and two major new lithium hydroxide plants are due to come on line next year.

  • Reuters

    Factbox: Plans for electric vehicle battery production in Europe

    The Swedish company, headed by a former Tesla executive, aims to build Europe's biggest lithium-ion battery factory, producing 32 gigawatt hours (GWh) of battery cells a year by 2023, rivalling Tesla's U.S. "gigafactory". It has partnered with German carmaker BMW ahead of plans to raise 1.5 billion euros in debt and equity to build an initial 8 GWh of capacity and has asked for a 400 million euro loan from the European Investment Bank.

  • Reuters

    Audi's electric SUV faces four-week delay because of software bug

    FRANKFURT/SEOUL (Reuters) - Audi's first electric sport utility vehicle (SUV) will hit showrooms four weeks later than planned because of a software development issue, a spokesman for the German luxury car brand said on Sunday. The spokesman said Audi's e-tron midsize SUV faced delay because the carmaker needs new regulatory clearance for a piece of software that was modified during the development process. Audi staged a global launch of the e-tron in San Francisco last month as part of its effort to expand the market for premium electric vehicles and grab a share from California-based Tesla, which has had the niche largely to itself.

  • Reuters

    LG Chem to supply EV batteries to Volkswagen from late 2019

    SEOUL (Reuters) - South Korea's LG Chem said on Thursday that it has secured orders to supply electric vehicle batteries for Volkswagen (VOWG_p.DE) starting late 2019. It did not disclose the size of the ...