U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
LG Chem will invest 65 billion won by the first quarter of 2021 to expand the production of carbon nanotubes due to its increased use in batteries for electric vehicles (EVs).
The investment will raise LG Chem's annual production capacity from 500 tons to 1,700 tons.
The demand for carbon nanotubes to be used on EV batteries was at 3,000 tons in 2019.
With the annual growth rate for carbon nanotubes at 34 percent, demand is expected to reach 13,000 tons by 2024, according to LG Chem.
LG Chem, the leading supplier of EV batteries, is seeking to boost the sales of carbon nanotubes for automakers. It is also set to expand its production capacity of EV batteries in 2022.
Carbon nanotubes are next-generation material known to be among the strongest, lightest, and most conductive fibers.
It has the same electric and heat conductivity as copper and diamond and is a hundred more times denser than steel.
Other than batteries, carbon nanotubes are also used in semiconductors, car components, and aircraft fuselages.
The material will also be applied in various industrial purposes such as semi-conductive layers inside high-voltage cable sheaths, large-sized casts for construction, and high-strength concrete for architecture.
LG Chem, which has more than 250 patents on carbon nanotubes, launched a research and development team for the material in 2011.
In 2013, it a 20-ton pilot mass production line for carbon nanotubes.
"By using carbon nanotubes as anode-conductive additives, we will be able to reduce the use of conductive materials by about 30 percent and increase the capacity of lithium-ion batteries," said LG Chem, which is solidifying its lead in the production of conductive additives.
Kug Lae, Noh, executive vice president of LG Chem, is confident that his company will become a dominant leader in the next-generation carbon nanotubes due to its indigenous technologies and experience with mass production.
