Saturday , May 15 2021

LG Chem can build another large factory in Poland

"The latest investments from LG Chem Wrocław Energy are likely to be implemented in Poland," In Yong Shim told reporters.

He explained that the game includes a different place than the current Biskupice Podgórne at Wroclaw. The company takes into account other regions for several reasons, including the availability of employees.

The head of the company said that information about the new investment is likely to be revealed this year. He added that its scale may be similar to the current site near Wroclaw.

Batteries for millions of cars per year

"When it comes to customer requirements, they are brought to a level that we will not be able to meet our production at the current plant," explained the reasons for the construction of a new facility. He added that he would produce the same audience as the current one.

Regardless of the construction of the new plant, the company continues to invest in Wroclaw in the second and third stages of the existing plant. They will be put into operation by the end of 2018 and 2019. According to the company's estimates, a new factory production capacity at Wrocław will allow the demand for batteries to be around 1 million cars a year from 2021.

The company also forecasts that employment in the nearest location in Wroclaw will increase from the current approximately 1.7 ths. people to around 6,000 people in 2020

Volvo, Audi, Renault, Daimler, Porsche

The board calculated current production capacity for the possibility of equipping about 30 thousand batteries. electric cars per month. The company's main customers include Volvo, Audi, Jaguar, Renault, Daimler and Porsche.

The Polish investments in LG Chem are supported by the Polish Investment and Trade Agency (PAIH) and the Industrial Development Agency (ARP). PAIH serviced (since mid-November) 11 investments in the electric vehicle sector, worth about EUR 2.4 billion.

"Poland is keenly feeling the moment of the e-revolution in this industry, which will make us the regional center for sub-suppliers of the electromobility segment. Our batteries are manufactured and many other components, mainly the Asian companies from which the final product is made, an electric car," said PAIH Vice President. Krzysztof Senger comments on ISBnews.

LG Chem is a global giant

LG Chem Wrocław Energy is one of the largest manufacturers of electric lithium-ion batteries in the world. The Polish company's factory is located at LG Cluster Biskupice Podgórne near Wroclaw.

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