LG Chem To Spend $2.5 Bln In LCD Glass Plant By 2018

Date: 25 September 2009
Source: Reuters
SEOUL, Sept 23 (Reuters) - South Korea's chemicals and electronic materials maker, LG Chem (051910.KS), will invest 3 trillion won ($2.5 billion) by 2018 in an LCD glass production facility, its parent group said on Wednesday.

LG Chem, a sister company of the world's second-largest LCD panel maker, LG Display Co Ltd (034220.KS), broke ground for a new LCD glass substrate plant in Paju, north of Seoul, in which the company plans to build seven production lines for LCD glasses.
 
The spending plan was higher than previously stated plans, for investment of 430 billion won on liquid crystal display (LCD) glass production until March 2010.
 
It also came after an earthquake last month disrupted glass production in Japan and stoked concerns that shortages could intensify.
 
Read full story here.

600450 LG Chem To Spend $2.5 Bln In LCD Glass Plant By 2018 glassonweb.com

See more news about:

Others also read

Pleotint launched its new website for their Suntuitive® Dynamic Glass product line
Pleotint, LLC, is pleased to announce the launch of a new website for their Suntuitive® Dynamic Glass product line.
AIS Swytchglas in offices: Bolstering Privacy & Productivity
Glass has always been a popular addition to offices around the globe, often replacing walls and whiteboards in many spaces.
Introducing WhiteOUT™, Your On-Demand Visual Privacy Solution
WhiteOUT™ is the first individual panel frameless opening glass wall system to provide visual privacy on demand.
NODIS Launches Smart Glass Technology With Instantly Electrically Switchable Color, Infrared Filtering and Tinting
NODIS TruTintTM is the world’s first color switchable smart glass technology.
MASCO World Headquarters, Livonia, MI
The Pleotint product boasts a simple approach to the smart glass space, offering no wiring or electronics and using the temperature as the trigger to cause the glass to actively change from a clear to dark state.
Intelligent Glass: Introducing Switchable Black
For years, Intelligent Glass have been receiving enquiries requesting the full switchable glass experience as a black out solution.

From industry

Add new comment