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LG Chem, South Korean firm to invest $3B in Montgomery County

LG Chem plans to spend $3 billion to develop a cathode materials plant for electric vehicle batteries.

United statesMontgomery countySouth koreaSouth koreanFrank glucknashville tennesseanHak cheol shinMelissa brownJoe pittsStuart mcwhorterTennessee valley authorityTennessee economic developmentEconomic development councilFrank glucknashvilleBill leeCheol shinState funding board

Korean electric battery maker eyes $3 2B Clarksville project

LG Chem preps for single-largest foreign direct investment in state history in deal to yield 850 jobs

United statesMontgomery countySouth koreaHak cheol shinFord motor companyTennessee department of economicCommunity developmentWest tennesseeTennessee departmentSouth korean basedCheol shinNorth americanMontgomery countyAutomotive industry

Decatur chosen for joint ventures of ADM and LG Chem

The joint ventures would support more than 125 jobs in the Decatur region, the companies said.

United statesSouth koreaCity of decaturSouth koreanNicole batemanHak cheol shinDick durbinTammy duckworthJuanr lucianoGreenwise lacticwouldArcher daniels midland coEconomic development corporation of decatur maconEconomic developmentArcher daniels midlandWise lacticwouldIllinois biochemwould

ADM, LG Chem launch joint ventures

Ventures intend to produce 150,000 tons of lactic acid, 75,000 tons of polylactic acid annually.

United statesHak cheol shinJuan lucianoIllinoi economic developmentCarbohydrate solutionsGreenwise lacticIllinois biochemNorth americanCheol shinGrowing economy

LG, ADM JV to make PLA resin in Illinois

Global firms LG Chem and ADM have formed two joint ventures to make lactic acid and polylactic acid (PLA), a rapidly growing bioplastic.

Soult ukpyolsiSouth koreaUnited statesSouth koreanHak cheol shinJuan lucianoIllinoi economic developmentGreenwise lacticIllinois biochemCheol shinGrowing economy

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