Key Developments: LG Chem Ltd (051910.KS)

051910.KS on Korea Stock Exchange

277,000.00KRW
19 Sep 2014
Price Change (% chg)

₩2,000.00 (+0.73%)
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₩275,000.00
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₩324,500.00
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Latest Key Developments (Source: Significant Developments)

Polypore International Inc's Celgard files patent infringement lawsuit against LG Chem Ltd
Thursday, 30 Jan 2014 04:15pm EST 

Polypore International Inc:Says Celgard, LLC, a subsidiary of the company has filed a complaint in the U.S. District Court of the Western District of North Carolina against LG Chem Ltd. and LG Chem America Inc.Says complaint alleges that LG has infringed Celgard's United States Patent No. 6,432,586 issued for an invention entitled Separator for a High Energy Rechargeable Lithium Battery.Says patent in the lawsuit covers ceramic composite layer lithium-ion battery separators first developed by Celgard for high-energy rechargeable lithium-ion batteries.Says this lawsuit has been filed following a lengthy period of unsuccessful discussions with LG regarding various business terms of its relationship with Celgard, including infringement of Celgard's patent.Says celgard is represented by the law firm Kilpatrick Townsend & Stockton, LLP.  Full Article

LG Chem Ltd. declares annual cash dividend for FY 2013
Monday, 27 Jan 2014 03:47am EST 

LG Chem Ltd:Says an annual cash dividend of 4,000 won per share of common stock and 4,050 won per share of preferred stock for fiscal year 2013.Says dividend payment to shareholders of record on Dec. 31.Says total dividend amount of 294,520,010,100 won.  Full Article

LG Chem Ltd. Fined by United States Department of Justice for Personal Computer Lithium Battery Cartel-Jiji Press
Thursday, 18 Jul 2013 04:41pm EDT 

Jiji Press reported that LG Chem Ltd. has agreed to pay a fine of USD 1.056 million to the United States Department of Justice due to personal computer lithium battery cartel.  Full Article

Xilong Chemical Co Ltd Signs Authorized Distribution Agreements with SK Networks Co., LTD and LG Chem
Wednesday, 24 Apr 2013 08:00pm EDT 

Xilong Chemical Co Ltd announced that it has signed an authorized distribution agreements with SK Networks Co., LTD, to distribute its Propylene Glycol USP. This distribution agreement is valid till December 31, 2013. Xilong Chemical has also signed an authorized distribution agreements with LG Chem, to distribute its isopropyl alcohol and alcohol.  Full Article

LG Chem Ltd. Announces Resignation of Co-CEO
Friday, 15 Mar 2013 03:55am EDT 

LG Chem Ltd. announced that its Co-Chief Executive Officer (Co-CEO), Kim Ban Seok, has resigned from the Company, effective March 15, 2013. The current Co-CEOs, Park Jin Su, Park Yeong Gi and Gwon Yeong Su, continue their duties as Co-CEOs at the Company.  Full Article

LG Chem Ltd. Declares Annual Cash Dividend for FY 2012
Tuesday, 29 Jan 2013 03:55am EST 

LG Chem Ltd. announced that its Board of Directors has declared an annual cash dividend of KRW 4,000 per share of common stock and KRW 4,050 per share of preferred stock for the fiscal year 2012 to shareholders of record on December 31, 2012. The dividend rates of market prices are 1.2% (common shares) and 3.8% (preferred shares), respectively. The total cash dividend amount is KRW 294,520,018,100.  Full Article

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LG Chem says wins battery order from Audi for plug-in hybrid cars

SEOUL - South Korea's LG Chem said on Wednesday it had won an order from Audi to supply batteries for its plug-in hybrid and micro hybrid electric vehicles.

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