LG Chem maps W15tr R&D push beyond petrochemicals

LG Chem is doubling down on transformation from a petrochemical-focused company into a materials powerhouse centered on semiconductors, mobility and batteries, as it aims to rebuild its business portfolio in alignment with future-leading industries.

The company previously announced its road map to invest 15 trillion won ($10.8 billion) in research and development through 2035 with about 70 percent earmarked for future growth sectors.

It has also established a new organization directly under CEO