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Cookies deactivated To use all functions of this page, please activate cookies in your browser. Login Register DeutschEnglishFrançaisEspañol * Home * News * SQM and LG Energy Solution sign an a ... Toggle navigation * Home * News * Back * News * News * Newsletters * RSS-Feeds * Companies & Start-ups * Back * Companies & Start-ups * Companies * Start-ups * Associations * Products * Back * Products * Products * Market Overview Mass Spectrometers * Market Overview Hplc Systems * Market Overview Nir Spectrometers * Market Overview Particle Analyzers * Market Overview Uv/Vis Spectrometers * Market Overview Elemental Analyzers * Webinar Library * Knowledge Worlds * Back * Knowledge Worlds * White papers * Publications * q&more Articles * Authors * Lexicon * Infographics * Research Institutes * Videos * Career * Back * Career * Job Offers * Place your Job Ad * Topic Worlds * Back * Topic Worlds * Topic World Mass Spectrometry * Topic World Particle Analysis * Topic World Chromatography * Topic World Food Analytics * Topic World Spectroscopy * Trade Fair Preview analytica 2022 * Tools * DE * EN * FR * ES smart digital solution for a more productive laboratory 11-May-2022 - SQM - Sociedad Química y Minera de Chile S.A. SQM AND LG ENERGY SOLUTION SIGN AN AGREEMENT TO PROMOTE ADDED VALUE AND TECHNOLOGY IN LITHIUM © SQM SQM and LG Energy Solution (LGES) continue to expand their business relationship: To this end, Myung Hwan Kim (left, CPO of LG Energy Solution) and Ricardo Ramos (CEO of SQM) signed a memorandum of understanding, the aim of which is to develop joint investment projects and thus make a decisive contribution to greater sustainability worldwide. Zoom in ‹ › A new step in the field of innovation and technology was taken by SQM and LG Energy Solution (LGES), leading companies in the production of lithium and batteries respectively, after signing a memorandum of understanding (MOU) to strengthen their business relations, since through which they undertake to study and develop joint investment projects at different stages of the value chain of the electromobility industry and thus contribute decisively to a more sustainable world. This agreement complements the lithium supply agreement already in force between both parties. Potential joint investment projects include the production of cathodes and lithium hydroxide, as well as recycling projects in strategic locations, which will be studied in greater detail by SQM and LGES. Among these, the agreement to discuss the construction of a cathode material production plant in Chile. In this regard, the General Manager of SQM, Ricardo Ramos, stated that “this agreement consolidates our commitment to the development of world-standard lithium products, with high added value and in line with the sustainability of our operation and respect for our environment. We are proud that a technological company of the prestige and relevance of LGES trusts us to innovate in Chile and thus continue contributing to the progress of our country”. LG is today a world leader in battery production with 30 years of experience in advanced battery technology. In response to the MOU, Myung Hwan Kim, the company's CPO, stated that: “SQM is a valuable business partner for LG Energy Solution. By joining forces, we look forward to further extending our long-standing collaboration that will keep us in a leadership position in the dynamic sector of secondary batteries, as well as in sustainable growth.” Lithium carbonate and lithium hydroxide are an essential input in the production of the cathode material contained in the batteries used in electric cars. SQM manufactures both products entirely in Chile, starting with the extraction and concentration of brines high in lithium content in the Salar de Atacama, which are then transported to its facilities located on the outskirts of the city of Antofagasta, where it is located. the largest lithium carbonate and lithium hydroxide production plant in the world, where they are processed and refined to the quality standards required by the industry. SQM's production process is characterized by having one of the lowest carbon, water and energy footprints in the lithium industry. On my watchlist Important information You are currently not logged in to my.chemeurope.com . Your changes will in fact be stored however can be lost at all times. Login Register SQM - SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A. Recommend news PDF version / Print Add news to watchlist My notice: Add / edit notice my watchlist Cancel Save notice Share on Facts, background information, dossiers * electromobility * lithium * lithium hydroxide * cathode materials * batteries More about SQM * News SQM Initiates Bond Registration Process Sociedad Quimica y Minera de Chile S.A. (SQM) announced that its Board of Directors, at its meeting held October 28, 2008, approved the registration of a bond program. The Board approved a maximum issuance amount under the program of UF 5 million (1) (approximately US $160 million). The bo ... more SQM Reaffirms Market Outlook Sociedad Quimica y Minera de Chile S.A. (SQM), in light of the high volatility experienced by world stock markets and in SQM share price, reiterated its statements from its second quarter 2008 earnings release regarding its expectations that results for the second half of this year will be ... more Yara acquires Mexican fertilizer company Olmeca Yara International ASA has acquired the Mexican fertilizer company Olmeca from Sociedad Quimica y Minera de Chile S.A. (SQM). Olmeca had sales of 160,000 tonnes of fertilizers in 2005 and is considered an ideal vehicle to drive Yara's market position in Mexico. "Mexico is the fourth larges ... more More news by SQM * Companies SQM - Sociedad Química y Minera de Chile S.A. more Most read news * 1Perfluorinated Chemicals: Pollution is underestimated * 2New method to convert plastic trash into clean hydrogen fuel * 3Plastic-eating enzyme could eliminate billions of tons of landfill waste 4Method efficiently breaks down plastic bottles into component parts5Disposable masks could be used to improve concrete6Extract from a common kitchen spice could be key to greener, more efficient fuel cells7Bacteria generate electricity from methane8Chemists harness the sun to upcycle plastic waste9Dangerous plastics10Treated plastic waste good at grabbing carbon dioxide other News from cooperation * Bruker and TOFWERK Form Strategic Partnership * SQM and LG Energy Solution sign an agreement to promote added value and tech ... * Arkema, CNRS, Claude Bernard Lyon 1 University and CPE Lyon join forces to d ... * Climate pioneers cooperate to produce solar fuels * BASF and REEF Technology sign strategic cooperation agreement to improve the ... All news from ressort cooperation News from Chile * SQM and LG Energy Solution sign an agreement to promote added value and technology in lithium * Manipulating magnetic textures * Wacker Appoints New Distributor for Polymer and Silicone Products in Chile * ABB wins $25 million power order in Chile * SQM Initiates Bond Registration Process All news from Chile Topics A-Z * 0-9 * a * b * c * d * e * f * g * h * i * j * k * l * m * n * o * p * q * r * s * t * u * v * w * x * y * z All topics Share this news Privacy settings About chemeurope.com Read what you need to know about our industry portal chemeurope.com. find out more > About LUMITOS Find out more about the company LUMITOS and our team. find out more > Advertise with LUMITOS Find out how LUMITOS supports you with online marketing. find out more > The LUMITOS industry portals * chemie.de * chemeurope.com * quimica.es * bionity.com * yumda * analytica.world.com * q&more * Imprint * Terms and Conditions * Data protection policy © 1997-2022 LUMITOS AG, All rights reserved Join 25,604 readers The chemeurope.com newsletter is published twice a week and informs you about ✔ Top news ✔ New products ✔ Webinars ✔ Job offers ✔ Trade fairs and conferences for chemistry, analysis, lab technology and process engineering. 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