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LG Chem’s Chinese polarizer production project is expected to start production next year

On November 29, LG Chemical's large-scale polarizer production project with a total investment of 300 million US dollars held equipment relocation activities in Huangpu District and Guangzhou Development Zone.

LG Chem is the world's largest large-size polarizer company. LG Chem's large-scale polarizer production project mainly produces large-size polarizers and packaging materials. Construction started in the area in February 2018. The main plant was capped in October. The main equipment has been moved in now and will take less than 10 months. It is expected that 2019 It was completed and put into production in February of this year, reaching an output value of about 2 billion yuan.

This is the first large-scale polarizer production project in Guangzhou, which will help Guangzhou to build a "world-class flat-panel display base" and radiate and drive the flat-panel display industry in South China.

The Pearl River Delta is a key area for the development of China's electronic information industry, but for a long time, it has "lack of cores and fewer screens." In recent years, leading domestic and foreign flat panel display companies have set up large-scale production bases. Upstream companies and terminal application companies have followed up one after another, and the pain of "less screens" has eased.

LG Chem has laid out the first polarizer project in South China in Huangpu District and Guangzhou Development Zone this time. It is located near key flat panel display companies in the area such as Skyworth and is fully close to the terminal market. The blankness of large-scale polarizer manufacturing projects is an important part of the PRD flat panel display industry.

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