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...The excess capacity has also piled pressure on European and Asian producers facing higher production costs than competitors in North America and the Middle East, which benefit from their access to low-cost...
...LG showcased an AI-powered robot companion that can call an ambulance if a person has a fall at home....
...Musk is now reviving the debate about Delaware and the power its courts wield over corporate America....
...Samsung and fellow South Korean display maker LG still enjoy a technological edge in top-end organic light-emitting diode displays, but this may not last for long....
...South Korea’s three leading battery producers — LG Energy Solution, Samsung SDI and SK On — have all declared their intention to develop such cells by the late 2020s....
...Three Korean battery suppliers — LG Energy Solution, SK On, and Samsung SDI — are among the global top 10 in making batteries for the growing EV market....
...In May, the chief financial officer of LG Chem, the parent of LG Energy Solution, told investors its working assumption was that the US government would apply the same definition of “foreign entities of...
...Ultimately, the company is planning to quadruple its EV battery capacity annually by 2031, mainly in North America....
...Last week South Korean battery producer LG Energy Solution echoed Tesla chief Elon Musk and warned EV sales were expected to weaken as a result of higher interest rates....
...Boring problems Elon Musk’s Boring Company has built a tiny loop to move cars through Las Vegas, but workers of the “hyperloop” mass-transit system say its tunnels are packed with chemical sludge, reports...
...Its market value of $7bn is less than a tenth that of local peers such as LG Energy Solution. The latter already has battery supply agreements with Tesla....
...Battery recycling, which typically involves smelting, chemical treatment or both, also has its own environmental impact and recyclers face a challenge in demonstrating that their output will remain both...
...In 2005, 15 people were killed and 170 injured in an explosion at a refinery in Texas, which the US Chemical Safety and Hazard Investigation Board blamed on “safety deficiencies at all levels” of BP....
...Martin Brudermüller, chair of ERT’s competitiveness committee and chair of German chemicals group BASF, said he was not surprised by the responses....
...The new plant was announced after Stellantis and LG Energy Solution announced a $4.1bn joint venture in March to build an EV battery plant in Canada....
...Last week, for example, South Korean group LG Chem announced a $3bn investment in a battery plant in Tennessee....
...Parent LG Chem will retain an 81.8 per cent stake in the battery unit after the listing. Analysts expected short-term volatility in LGES shares given the limited share float....
...Chemicals group Livent this week completed an expansion of a lithium hydroxide refinery in Bessemer City, North Carolina....
...Tadanobu told investors in June that the company planned to triple or quadruple EV battery production capacity by 2028, boosting its output mainly in North America....
...He’ll be replaced by Maike Schuh, who leads the German chemicals group’s performance materials division....
...consternation in the Korean capital last month when Biden signed into law a provision of his landmark Inflation Reduction Act that eliminates subsidies for electric vehicles assembled outside of North America...
...Resembling a canvas, the LG Objet TV (above) is an odd one....
...Chemicals group Ineos, meanwhile, announced plans to start trading LNG....
...Now it has an office in Bentonville and works with Walmart on issues such as eliminating toxic chemicals and improving fertiliser efficiency. (The Walton family is a donor.)...
...It’s an important win for activists in Korea Inc., where corporate behemoths including Samsung and Hyundai operate without much interference....
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