LG Chem Acquires LG Electronics Battery Separator Business for 525 Billion KRW
[Asia Economy Reporter Park Jihwan] On the 29th, LG Chem held a board meeting and announced that it decided to acquire the electronic chemical materials (CEM) business, including SRS separators, from LG Electronics for 525 billion KRW.
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LG Chem explained the acquisition background, stating, "Through the synergy of both companies, we will strengthen the competitiveness of the separator business and expand our battery materials business."
This content was produced with the assistance of AI translation services.
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