LG Chem opens 3rd overseas R&D center in Germany

This undated photo provided by LG Chem shows the company's Chief Technology Officer Lee Jong-ku, second from left, and other officials posing during the opening event of the Europe Innovation Center in Frankfurt, Germany. Yonhap LG Chem, Korea's leading chemical firm, said Sunday it has opened its third overseas research and development center in Germany to develop environment-friendly, next-generation technologies. The Europe Innovation Center, located in Frankfurt, will focus on developing technologies involving next-generation rechargeable batteries, bio chemicals and recycling in partnership with local universities and R&D centers, the company said in a statement.

"The company will strengthen its R&D capabilities in terms of environment-friendly technologies to the level of global top-tier players, with focus on exploring business opportunities in eco-friendly plastics and battery recycling fields," LG Chem Chief Technology Officer Lee Jong-ku said in the statement. LG Chem has two overseas R&D centers in the United States — the Life Science Innovation Center in Boston built in 2020 and the North American Innovation Center built last year. (Yonhap).