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Materials

LG Chem adds to carbon nanotube capacity

by Craig Bettenhausen
June 4, 2023 | A version of this story appeared in Volume 101, Issue 18
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Two people in personal protective equipment examine vials of a black powder.
Credit: LG Chem
LG Chem's carbon nanotube production is centered in and around Seoul.

LG Chem has broken ground on a carbon nanotube factory in South Korea. The investment is part of the company’s push for a total capacity of 6,100 metric tons (t) per year from a current output of 2,900 t. LG Chem says the global market for carbon nanotubes will reach $2.3 billion and 95,000 t per year by 2030. The material’s highest-volume use is as a conductive additive for electric vehicle cathodes, the firm says.

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