IHS Chemical Week

EnviroTech :: Innovation

LG Plans $7-Billion Investment in Green Businesses

9:06 AM MDT | September 29, 2011 | Rebecca Coons

LG has unveiled a green business investment strategy that it hopes will generate 10 trillion won ($8.5 billion) in sales by 2015 and make the company a leader in electric vehicle components, light-emitting diodes (LED) lighting, photovoltaics, and sewage treatment.  The company says it expects to spend 8 trillion won to boost product offerings, including 2 trillion won in electric An enlarged replica of the battery cell powering GM's Chevrolet Volt, the first mass-produced plug-in hybrid electric vehicle. LG Chem manufacture the batteries, which use...

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