LG Chem has launched the most important carbon nanotube (CNT) manufacturing plant in Korea. The corporate is actively focusing on the quickly rising CNT market, broadly used as the fabric for cathodes in electrical automobile batteries.
LG Chem introduced that the 1,200 metric tons (MT) enlargement of Yeosu CNT 2nd Plant—representing an funding of 65 billion KRW (US$58.3 million)—was accomplished and has begun business operations. Mixed with the present 500 MT which began its first operation in 2017, the LG Chem plant now has a complete capability of 1,700 MT.
LG Chem’s new CNT 2nd Plant was constructed because the world’s largest single-line manufacturing facility with a self-developed fluidized mattress reactor. The plant has achieved secure high quality management by full automation and decreased energy consumption by 30% by course of innovation.
The CNT produced at this plant might be equipped to market-leading international electrical automobile battery firms as a conductive additive. Additionally, its purposes might be prolonged to a variety of fields comparable to floor heating parts and semi-conductive high-voltage cables.
For instance, when CNT is used as a cloth for semiconductor course of trays, it will possibly face up to excessive temperatures and resist mud, electromagnetic waves, and static electrical energy as a result of wonderful thermal conductivity.
Because the CNT market continues to develop, LG Chem plans to start the development of a 3rd plant this yr and proceed increasing its capability sooner or later. Certainly, the business expects the worldwide CNT demand to develop explosively at 40% per yr, from 5,000 MT final yr to twenty,000 in 2024.
LG Chem’s CNT enterprise works on creating aggressive merchandise utilizing the vertical integration from ethylene, a uncooked materials, to catalysts developed with proprietary applied sciences and manufacturing applied sciences which embrace self-developed fluidized mattress reactors.
Within the case of catalysts, that are one of many core applied sciences, LG Chem applies cobalt-based catalysts to realize superior high quality—decreasing magnetic impurities that will negatively have an effect on the battery high quality. Iron-based catalysts which can be generally used within the business have a comparatively excessive content material of steel and magnetic contaminants in comparison with cobalt, requiring a separate post-treatment course of for commercialization.
CNT is a enterprise with an enormous potential, as they’re utilized in varied merchandise other than batteries. The corporate, subsequently, plans to grow to be a world chief based mostly on expanded manufacturing capability and competitiveness in high quality.
—Kug Lae Noh, President of LG Chem Petrochemicals