LG Chem, Volkswagen Partner on Next-Generation Automotive Materials
7 Articles
7 Articles
LG Chem is partnering with the Volkswagen Group to develop next-generation materials aimed at reducing vehicle weight and increasing the use of recycled materials. This move seeks to expand its customer base in the market for high-value, eco-friendly automotive materials amidst the continuing slump in the petrochemical industry caused by factors such as oversupply from China. LG Chem recently [located] in Yeouido, Seoul
(Seoul = Yonhap News) Reporter Im Seong-ho = LG Chem is set to collaborate with Germany's Volkswagen Group, the world's second-largest automaker, on the development of materials to strengthen the competitiveness of future vehicles.
LG Chem Executive Vice President Kim Sang-min, left, poses with Volkswagen Group Vice President Stefan Gramse after agreeing to develop new materials for future mobility at the chemical company’s head office in Seoul on Sept. 28. [Photo courtesy of Sept. 28] South Korea’s LG Chem announced on Sept. 28 that it has teamed up with Volkswagen Group to jointly develop advanced automotive materials aimed at making future vehicles lighter, more efficie…
[Digital Daily Reporter Ko Seong-hyeon] LG Chem is partnering with the Volkswagen Group to develop next-generation automotive materials. By utilizing high-performance plastics and recycled materials, the company aims to promote vehicle lightweighting and performance improvement, and expand the scope of application to major Volkswagen Group automakers. LG Chem announced on the 28th that it recently signed a Memorandum of Understanding (MOU) with…
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