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.


Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 



