[Concall] LG Chem "Facility Investment Scale Reduced Further from 4 Trillion to 2 Trillion Won Range"

LG Chem Daesan Plant NCC overview. [Photo by LG Chem]

On the 28th, LG Chem stated during the Q3 earnings conference call, "Considering the industrial conditions, market volatility, and macro uncertainties, we are making investment decisions more conservatively and cautiously." They added, "Although we initially planned a CAPEX of 4 trillion KRW, we intend to reduce the investment scale to the mid-2 trillion KRW range."