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