LBM New Energy (AP) Pte Ltd is a wholly-owned subsidiary of Changzhou LBM Co., Ltd.
Changzhou LBM is a subsidiary of Jiangsu LOPAL Tech Co., Ltd. which was founded in 2003, headquartered in Nanjing, Jiangsu Province.
LBM New Energy (AP) is managed and operated by a group of dedicated and experienced Singapore professionals with decades of industry experience.
In early 2023, LBM New Energy (AP) has set up a wholly-owned subsidiary in Kendal, Central Java, Indonesia (registered as PT. LBM Energi Baru Indonesia). PT LBM would produce 30,000 tons of Lithium Iron Phosphate cathode materials by 2024 when the new LFP factory construction is completed.
Founded in 2003, Jiangsu Lopal Tech Co Ltd started as marketer and manufacturer of automotive and industrial lubricants under Lopal brand, offering a wide range of oils, greases and similar products for most lubrication applications.
In 2017, it successfully IPO on the Shanghai Stock Exchange, under stock code 603906
Today, Lopal Tech. has evolved and become one of the Green Energy and Green Chemicals solution provider in the world. The company has 12 wholly-owned subsidiaries and 4 Holding and participating companies.