On April 27, LG Chem announced that it will expand carbon nanotube (CNT) production at its plant in Yeosu. LG Chem will be expanding by 1,200 tons, increasing total production capacity to 1,700 tons.
CNT is a new material with superior properties used in batteries, semi-conductors, auto parts and aircraft fuselages.
The expansion is designed to target the rapidly growing global EV and CNT markets and accelerate LG Chem’s product structure advancement strategies.
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