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LG CHEM TO Request Innovative Tips FOR SUSTAINABLE Technologies Around the world By means of 3rd World-wide INNOVATION CONTEST

SEOUL, South Korea–(Business WIRE)–Jan 20, 2021–

LG Chem (KRX: 051910) introduced on 20th January that it will host the 3rd Global Innovation Contest (GIC) for leading universities and investigation institutions all over the world.

Currently being the initial of its variety in the Korean chemical sector, World-wide Innovation Contest invites corporations all-around the globe to discover progressive concepts for sustainable technologies.

The contest is open up for entry from 25th January to 31st March in 4 classes: Electrical power, Sustainability, Sophisticated Materials, and Electronic Transformation (DX).

Below the new eyesight of the organization “We hook up science to daily life for a far better long run,” Sustainability and DX are 2 groups recently included this 12 months.

All scholars and researchers fascinated in developing the next generation’s progressive technological know-how and sector-academia collaboration investigation are welcome to participate and post their analysis proposals by way of the formal GIC web-site.
( www.rnd.lgchem.com/worldwide/gic )

LG Chem will sort a judging panel of internal gurus to consider the analysis proposals based mostly on the company’s sustainability techniques and small business strategies.

The panel will also consider the technological innovativeness, marketability, and price tag competitiveness to draw up a shortlist. The nominees will be notified separately in July.

Nominated universities and institutes will be granted up to $150,000 of exploration and advancement expenditures for each yr in the course of their assignments, as effectively as possibilities for researcher dispatch and technologies exchange to assist them.

Given that LG Chem held the 1st International Innovation Contest in 2018, it has chosen a whole of 30 innovative research jobs from major universities including Harvard, Stanford, and Massachusetts Institute of Technologies (MIT). The corporation has been supporting them with job bills and technological know-how exchange.

“The Global Innovation Contest has excellent significance as it will deliver company-academia collaboration opportunities to establish modern R&D level technologies into business technology,” claimed Jiyung Yu, the CTO of LG Chem.

Yu added, “We will carry on to innovate ourselves to impress our long run clients by connecting our very own strengths with exterior systems.”

For extra info on GIC 2021, make sure you pay a visit to www.rnd.lgchem.com/world/gic

Watch source version on businesswire.com:https://www.businesswire.com/news/home/20210120005244/en/

Call: LG Chem

GIC 2021 Arranging Committee

Su Jeong Han

[email protected]

Keyword: ASIA PACIFIC SOUTH KOREA

Marketplace Key phrase: Analysis OTHER Strength Vitality Technology Atmosphere University OTHER Production Training SCIENCE Chemical substances/PLASTICS OTHER Technology Manufacturing

Supply: LG Chem

Copyright Enterprise Wire 2021.

PUB: 01/20/2021 09:00 AM/DISC: 01/20/2021 09:01 AM

http://www.businesswire.com/information/dwelling/20210120005244/en