LG Chem acquired NanoH2O in April 2014, stated the release. It has since been aggressive in growing its nanocomposite membrane technology and expanding sales operations throughout the globe and manufacturing capabilities.
The company’s new factory in Cheong-ju, Korea, will produce reverse osmosis membranes for seawater, brackish water and tap water when it opens in September, noted the release. LG Chem is experienced in roll-to-roll coating technology and chemical and polymer technology.
"LG Water Solutions is not just a business unit, it is a promise to deliver a complete solutions package to address the needs of our customers worldwide," said Chul Nam, president of LG NanoH2O, in the release. "LG Chem is aggressively pursuing various technologies to expand our footprint in the water treatment market. In the next few years, you will see a rapid surge in product offerings, solutions-based technologies and global accessibility. LG Water Solutions is poised and ready to become a leader in the water treatment industry."
LG Chem has sales and technical support offices in China, India, Singapore, Brazil, Saudi Arabia, UAE, Europe, Turkey, Korea, the U.S. and the Caribbean to improve delivery worldwide, reported the release. The company operates four main business units: Basic Materials & Chemicals, IT and Electronic Materials, Advanced Materials and Energy Solutions.