LG Chem sets up new R&D tech cen­ter in Osan

The Korea Times - - BUSINESS - By Jun Ji-hye [email protected]­re­atimes.co.kr

LG Chem has built a new tech cen­ter spe­cial­iz­ing in petro­chem­i­cals in Osan, Gyeonggi Prov­ince, to en­hance re­search and de­vel­op­ment ca­pa­bil­i­ties and boost its com­pet­i­tive­ness, the com­pany said Thurs­day.

The na­tion’s lead­ing elec­tric ve­hi­cle bat­tery maker and chem­i­cal firm has in­vested 110 bil­lion won ($95 mil­lion) in build­ing the fa­cil­ity.

The com­pany has moved its ex­ist­ing tech cen­ter in Dae­jeon to the new lo­ca­tion.

In 1995, LG Chem es­tab­lished the tech cen­ter ded­i­cated to tech­ni­cal ser­vice and de­vel­op­ment for its clients and part­ners in the petro­chem­i­cal sec­tor.

The new five-story tech cen­ter was built on a 43,000-square-me­ter site and is the largest in the na­tion.

The lat­est fa­cil­ity has more than 60 lab­o­ra­to­ries and 200 re­searchers to test and de­velop petro­chem­i­cal prod­ucts such as acry­loni­trile bu­ta­di­ene styrene (ABS), poly­olefin (PO), su­per-ab­sorbent poly­mer (SAP) and so­lu­tion styrene bu­ta­di­ene rub­ber (SSBR). Em­ploy­ees in re­lated sales depart­ments have been moved to the new fa­cil­ity to en­hance sup­port for do­mes­tic clients.

The com­pany will also uti­lize the ge­o­graph­i­cal ad­van­tages of the new fa­cil­ity, to bet­ter sup­port its clients.

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