LG Chem Ltd. has won a contract to exclusively supply 30,000 of its key filter membrane product, reverse osmosis (RO) membranes, for a large-scale water desalination project in Israel.
The joint desalination plant is led by two Israeli companies, Shapir Engineering and Industry and Global Environmental Solutions Ltd., currently under construction in the city of Ashdod.
An RO membrane is made with a polymer that filters the seawater down to the molecular level.
LG Chem’s RO membranes tout 99.89 percent salt removal with its unique thin film nanocomposite technology.
The latest RO membrane supply will be able to process 100 million tons of seawater into drinkable water annually, an amount that can be used by about 1.1 million people.
Once the Ashdod plant goes into operation in 2024, it will treat approximately 300 million tons of seawater using LG Chem’s RO membranes, accounting for more than one-third of the amount of water Israel uses daily.


AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback
DeepSeek to Raise AI API Prices as Demand for New Models Surges
US Stock Futures Rise as Markets Await July Payrolls Data
Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls
Heineken H1 Operating Profit Meets Forecast as Beer Volumes Beat Expectations
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns
China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets
BOJ Rate Hike Expectations Rise Ahead of September Meeting
DBS Raises 2025 Outlook After Record Q2 Profit Driven by Wealth Management
Glencore Posts Strong H1 2026 Earnings, Announces ASX Secondary Listing
Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise 



