LG Chem opens Europe Innovation Center in Germany
The company focuses on R&D for battery materials, biomaterials, and plastic recycling in the European market
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South Korea's LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, said on Sunday the opening of its Europe Innovation Center in Frankfurt, Germany.
This new research and development facility will focus on next-generation eco-friendly technologies, including battery materials, biomaterials, and plastic recycling.
The new battery legislation is expected to increase the volume of collected used batteries by fiftyfold over the next 15 years.
LG Chem plans to collaborate with prominent European research institutions, including the Fraunhofer Institute, Jülich Research Center, and ETH Zurich to enhance its R&D capabilities in sustainable technologies.
Write to Sang Hoon Sung at uphoon@hankyung.com
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