LG Chem Partners with Yuhan-Kimberly for Innovation in Eco-Friendly Materials

From Raw Material Production to Customer Experience Integration... Research and Development of Eco-Friendly New Materials

Shin Hak-cheol, Vice Chairman of LG Chem (right in the photo), is taking a commemorative photo on the 9th at the Yuhan-Kimberly headquarters after signing a business agreement for material innovation to develop sustainable products with Jin Jae-seung, CEO of Yuhan-Kimberly.

[Asia Economy Reporter Oh Hyung-gil] LG Chem is developing customized eco-friendly materials for carbon neutrality and resource circulation in collaboration with Yuhan-Kimberly.

On the 10th, LG Chem announced that on the 9th, it signed a material innovation business agreement (MOU) and the 'Green Action Alliance' at Yuhan-Kimberly headquarters for sustainable product development.

The two companies plan to actively cooperate in developing innovative products applying eco-friendly materials and expanding the market, sharing and reflecting user experiences on products using new materials to expand customized materials and products, and ensuring stable supply of eco-friendly materials.

In particular, they plan to accelerate the development of eco-friendly materials and new products by quickly reflecting customer feedback on hygiene products with high eco-friendly demand. Their strategy is to expand eco-friendly products such as naturally derived absorbents, biodegradable materials, and recycled packaging by incorporating customer voices from the raw material development stage.

LG Chem supplies Yuhan-Kimberly with the world's first eco-friendly internationally certified superabsorbent polymer, and Yuhan-Kimberly has continued collaboration by launching diaper products using it.

Shin Hak-cheol, Vice Chairman of LG Chem, said, "We expect that LG Chem's sustainable material technology and Yuhan-Kimberly's product capabilities will create synergy to accelerate the establishment of a resource circulation economy and realization of carbon neutrality for customers," adding, "We will further strengthen the cooperative system between the two companies through full investment and technical support."

Jin Jae-seung, CEO of Yuhan-Kimberly, said, "Innovation is to convert the high preference for eco-friendly products into actual consumer-used products, and for this, cooperation across the entire industry beyond the corporate level is essential," adding, "By enhancing environmental performance and product capabilities, we can play a role in advancing climate change response and a sustainable future together with many consumers."