LG Chem acquires NanoH2O

Headquartered in Los Angeles, California NanoH2O designs, develops, manufactures and markets reverse osmosis membranes that lower the cost of desalination.

“We are extremely pleased to join LG Chem,” said Jeff Green, founder and CEO of NanoH2O. “What began as an innovative idea in a university lab just nine years ago is now part of a US$22 billion dollar leading global chemical company with vast manufacturing, R&D and commercial resources. The acquisition will only serve to accelerate the delivery of innovative and energy-efficient membrane technologies to our customers and the desalination industry.”

“NanoH2O, with its unique membrane technology, has rapidly established itself as a leading RO membrane manufacturer in the growing desalination industry,” said Jin Soo Park, vice chairman and CEO of LG Chem. “We understand the gravity of water scarcity and its importance not just to our business, but across the globe. LG Chem is committed to supporting sustainable, energy-efficient technology platforms that lower the cost and increase the availability of fresh water.”

Under LG Chem ownership, NanoH2O will maintain its headquarters in Los Angeles, California, and its sales offices throughout the Americas, Europe, Middle East and Asia.