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.


Samsung Electronics Posts Record Q4 2025 Profit as AI Chip Demand Soars
Puma’s Historic Rivalry With Adidas Enters a New Era as Anta Deal Signals Turnaround Push
Amazon Stock Dips as Reports Link Company to Potential $50B OpenAI Investment
Trump to Announce New Federal Reserve Chair Pick as Powell Replacement Looms
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks
Asian Stocks Waver as Trump Signals Fed Pick, Shutdown Deal and Tech Earnings Stir Markets
U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster
Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions
UK Housing Market Gains Momentum in Early 2026 as Mortgage Rates Fall
Thailand Moves to Regulate Gold Trading to Curb Baht Strength and Support Economic Growth
Gold Prices Pull Back After Record Highs as January Rally Remains Strong
South Korea Industry Minister Heads to Washington Amid U.S. Tariff Hike Concerns
Asian Currencies Trade Flat as Dollar Retreats After Fed Decision
Woodside Energy Flags Lower 2026 Production Outlook Despite Strong Q4 Revenue Beat
Google Halts UK YouTube TV Measurement Service After Legal Action
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 



