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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

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Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Message: Stiff competition forcing LG Chem to focus on batteries
Many action in the field, hope we will heard more on separion business development soon (new customer, JV, ...)
September 16, 2015 1:05 am JST
Li-ion batteries

Stiff competition forcing LG Chem to focus on batteries

KENTARO OGURA, Nikkei staff writer

SEOUL -- Selling of a separator plant to Japan's Toray Industries would enable LG Chem to pour more resources into mainstay lithium-ion batteries amid growing challenges from Chinese and Japanese competitors.

By increasing procurement from Japanese manufacturers, the Seoul-based company hopes to raise the cost effectiveness of its finished products.

LG Chem makes some separators in-house and buys more from other companies. It has given Ube Industries a license to use its patented technology for enhancing separators' heat resistance and durability. The plant to be sold to Toray is not being used now. To maintain a technological edge, LG Chem will continue in-house production elsewhere.

Japanese manufacturers were ahead in developing lithium-ion batteries, but South Korea's Samsung SDI and LG Chem strengthened their market presence, taking advantage of the won's weakness through 2012. With the yen now weak, Japanese companies are staging a comeback. And Chinese manufacturers are quickly gaining technological expertise.

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