KOREA (SOUTH): LG Chem opens Korea’s biggest petrochemical tech center in Osan
LG Chem announced Thursday (7 November 2019) it has opened a technical service and development center in Osan, Gyeonggi Province, marking the country’s largest petrochemical technology center. The chemical affiliate of LG Group invested KRW 110 billion (USD 94.8 million) in establishing the center, it said. The center will be used for developing technical solutions and offering other forms of support for the company’s contractors and clients.
The Pilot building of the center is equipped with production facilities, where both companies and clients can work together on the development of pilot petrochemical products, such as polyolefin, acrylonitrile butadiene styrene copolymer, super absorption polymer and solution styrene butadiene rubber. Some 200 staff offer technological support for the companies.
“Osan Tech Center has the geographical advantage that will provide easier access to clients flying in from other countries,” said Sohn Ok-dong, president of the petrochemical business of LG Chem. “Together with the center in Huanan, China, the Osan center will serve as the hub for technical services for global petrochemical clients.”
Source: Daily “The Korea Herald”, Seoul; 7 Nov 2019
(Syed Rashid Ali, Karachi, Pakistan)