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

Date: 25 September 2009
Source: Reuters

Date: 25 September 2009

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

MORE...

Thompson Innovative Glass Unveils New Brand Identity Reflecting Its Growth In Advanced Glass Products
Thompson Innovative Glass Unveils New Brand Identity Reflecting Its Growth In Advanced Glass Products
The logo and brand identity reflect the bold, energetic and forward-looking culture of the company.
eyrise® to display largest dynamic glass panels ever built at global Glasstec exhibition
eyrise® to display largest dynamic glass panels ever built at glasstec
eyrise® will display the largest dynamic liquid crystal glass panels ever built, at international trade fair Glasstec.
Switchable insulating glass | Glas Trösch
Switchable insulating glass | Glas Trösch
Either as a tried-and-tested solution or innovative technology, our switchable sun protection glass keeps the heat out, offers reliable glare protection and saves a good deal of energy.
Thompson I.G., LLC completes State-of-the-Art Employee Training Program
Thompson I.G., LLC completes State-of-the-Art Employee Training Program
Thompson I.G., LLC is proud to announce the completion of its state-of-the-art glass fabrication training program.
eyrise® i350 invisible privacy glazing
Eyrise launches dynamic privacy glazing: instant privacy glass for secure working and social interaction
Eyrise has launched instant privacy glass for public and commercial venues to provide secure working and social environments that maximise natural daylight.
Liquid crystal glass helps realize the Niemeyer Sphere | eyrise®
Liquid crystal glass helps realize the Niemeyer Sphere | eyrise®
The Niemeyer Sphere – one of the final designs of renowned Brazilian architect Oscar Niemeyer – has opened in Germany. Key to realizing his vision was our eyrise liquid crystal dynamic glass technology.

Add new comment

From industry

NEWS RELATED PRODUCTS

MORE...

Shenzhen Gaoren Electronic New Material Co. Ltd
Smart film PDLC film for switchable glass lamination
Shenzhen Gaoren Electronic New Material Co. Ltd
EVA interlayer film for smart glass laminating with low processing temperature
Shenzhen Gaoren Electronic New Material Co. Ltd
Self – adhesive smart film PDLC film used for switchable glass