4 August 2015
VIEW 3M 2015 SECOND QUARTER FULL PRESENTATION
VIEW LG CHEM ANNUAL REPORT 2014 PART 1
VIEW LG CHEM ANNUAL REPORT 2014 PART 2
DETAILS
have entered into a patent license agreement
to further expand the use of
nickel, cobalt, manganese (NCM) in lithium ion batteries.
Under the agreement, 3M grants LG Chem
a license to U.S. Patents 6,660,432, 6,964,828, 7,078,128,
8,685,565 and 8,241,791 and
all global equivalents including in
Korea, Taiwan, Japan, China and Europe.
NCM cathode compositions
offer an outstanding balance of
power, energy, thermal stability and low cost.
NCM cathode materials
can be tailored through changes in composition and morphology
to meet a wide range of customer requirements
from high-energy handheld consumer electronics
to high-power electric vehicles.
Christian Milker,
Business manager, 3M Electronics Materials Solutions Division
“LG Chem is a leader in the electric vehicle battery field, and
NCM cathode compositions have shown significant benefit
in large format applications, like electric vehicles,”
“This license will accelerate the adoption of NCM technology
to meet the growing demand for electric vehicles worldwide.”
Kyunghwa Min,
vice president of LG Chem IP Center
“We are pleased to have reached this agreement with 3M,”
“This license will give our battery customers confidence in
LG’s technology and our long-term commitment
to the battery industry.
The license also opens the door to new opportunities
for LG Chem as a supplier of
cathode materials to the battery industry."
Contact:
3M Media Relations
Jane Kovacs, 512-984-6747
or
Inprela Communications
Jack Doyle, 612-677-2027
jack@inprela.com
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