LG to launch lithium-ion battery cell production at Mich. plant

By Rhoda Miel
News Editor

Published: May 6, 2013 1:41 pm ET
Updated: May 6, 2013 1:46 pm ET

Related to this story

Topics Automotive, Automotive parts, Injection Molding

SEOUL, SOUTH KOREA — LG Chem Ltd. will launch lithium-ion battery cell production for the auto industry in July at its new plant in Holland, Mich.

LG expects to have three assembly lines ready once it successfully completes the Production Part Approval Process required within the auto industry for suppliers, LG Chem said in a May 5 press release. It will launch production making cells for Detroit-based General Motors Co.'s Chevrolet Volt.

Original plans for the Holland site called for five assembly lines. LG Chem said it plans on finishing the other two lines by September 2015 as market demand increases for lithium-ion batteries for electric and hybrid cars.

LG Chem, based in Seoul, is one of two automotive battery suppliers setting up production in Holland. Its competitor Johnson Controls Inc. — based in the Milwaukee suburb of Glendale, Wis., also is making the city the base for its North American production.

Lithium-ion batteries use plastics extensively, including the inner layer of each prismatic cell. The Volt's full battery pack uses 37 pounds of plastic, including the cells, frames and structure.

"Our plan is to operate the Michigan plant as a strategic location to meet customer needs, secure future orders and compete aggressively in the [energy storage systems] battery market," said Sain Park, president of LG Chemical Michigan Inc.


Comments

LG to launch lithium-ion battery cell production at Mich. plant

By Rhoda Miel
News Editor

Published: May 6, 2013 1:41 pm ET
Updated: May 6, 2013 1:46 pm ET

Post Your Comments


Back to story


More stories

Image

One51 adding injection molder Straight to its bin molding portfolio

July 29, 2014 10:12 am ET

Dublin-based One51 plc has had its purchase of British trash bin maker Straight plc cleared by the United Kingdom's Competition and Markets Authority.    More

Magna hiring at two Michigan locations

July 28, 2014 11:43 am ET

Magna Interior Trim Components is adding a total of 169 jobs to two of its Michigan manufacturing facilities.    More

Image

Columbine Plastics moving to new Colorado site

July 25, 2014 11:38 am ET

Custom injection molder Columbine Plastics Corp. plans to move from Boulder, Colo., to the Colorado Technical Center in Louisville, Colo.    More

Image

Metals and plastics company NN to buy Autocam in $300 million deal

July 25, 2014 10:07 am ET

A Tennessee metals and plastics company said it has agreed to acquire auto parts supplier Autocam Corp. in a deal valued at $300 million.    More

Image

Chinese auto suppliers growing in US

July 24, 2014 4:17 pm ET

Two China-based automotive suppliers are expanding in the U.S., according to information released by the Michigan Economic Development Corp.    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events