At LG Chem, we are leading our industry into the future through basic and applied research in the fields of petrochemicals, information and electronic materials, and batteries. Supported by stateof-the-art facilities, top-notch personnel, and a global R&D network, we continue to develop the innovative materials and technologies that will create the value for customers around the globe.
Over the years, we have built a resultsdriven R&D organization that moves in step with our business strategy. LG Chem Research Park in Daejeon, Korea is home to our Corporate R&D Center and Information & Electronic Materials R&D Center, Battery R&D Center and Petrochemicals & Polymers R&D Center. We have also assembled a global R&D network with satellite labs in the United States, Germany, Russia, and China. We currently have more than 900 professionals on our multidisciplinary research staff, 25% of which have doctorates. We have registered more than 9,000 patents worldwide to date, creating a growing intellectual property portfolio that is making us increasingly competitive in the global marketplace.
We continuously invest and strategically allocate resources to develop value-added products, optimize manufacturing processes, and incubate businesses that will drive future growth. To this end, we actively recruit and train core talent, select and manage projects that meet the needs of both our customers and the market, integrate existing core technologies with new ones, and prepare for new businesses in the future.
Our R&D initiatives are closely tied with enhancing our competitiveness in our major business areas. We are boosting our cost and quality competitiveness in the field of petrochemicals by developing specialty products, catalysts, processes, and eco-friendly plasticizers. We also continue to make significant advances in the field of information and electronic materials an area we identified as an engine for growth back in the mid-1990s. Over the years, we have developed and launched TFT-LCD polarizers, LCD color filter photoresists, OLED materials, printed circuit board materials, and the industry’s first 2,400 mAh, 2,600 mAh, and 2,800 mAh lithium-ion batteries.
Our R&D initiatives now go far beyond simply enhancing our competitiveness in existing businesses. Today, we are leveraging core competencies cultivated over the years to develop and integrate entirely new technologies as we work on next-generation display materials, clean energy solutions such as materials for solar cells, batteries for hybrid electric vehicles, next-generation semiconductor materials, and cutting-edge eco-friendly materials.
In the coming years, our R&D efforts will focus on the information and electronic materials fields. We will continue to pursue a results-driven strategy by securing proprietary materials technologies and focusing market-oriented R&D. We also plan to increase our flexibility and speed through active open innovation as we expand our core competencies and secure essential technologies going forward.
|Research Centers||Key Research & Development Areas|
|Corporate R&D Center||Core technology platforms (catalysis, process analysis, modeling and simulation, adhesive, coating) New business (semiconductor materials, organic microelectronics, optical materials, functional materials, etc.)|
|Battery Tech Center||Lithium-ion batteries development and spec-in|
|Battery Research & Development||High-performance lithium-ion batteries(LiLP, LiPB)|
|Information & Electronic Materials Research & Development||Optical materials for displays, PCB materials, digital imaging materials, phosphors, color photoresists for LCD|
|Performance Polymers Research & Development||High-performance ABS and ASA, functional SBL|
|Polyolefin Research & Development||Poleolefin resins, metallocene catalyst|
|Technology Intelligence Center||Intellectual property, technology intelligence and IT services|
|Maryland Satellite Lab||Polymer processing modeling and process control technology|
|Compact Power Inc.||Electric vehicle lithium battery module|