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LG CHEM TO Find Impressive Suggestions FOR SUSTAINABLE Systems Globally Through 3rd Worldwide INNOVATION CONTEST

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SEOUL, South Korea–(Small business WIRE)–Jan 20, 2021–

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

Staying the very first of its kind in the Korean chemical industry, Global Innovation Contest invitations companies around the globe to find out ground breaking strategies for sustainable systems.

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

Beneath the new vision of the business “We connect science to lifetime for a greater future,” Sustainability and DX are 2 groups newly extra this yr.

All scholars and researchers interested in building the following generation’s innovative technologies and field-academia collaboration exploration are welcome to participate and submit their analysis proposals via the official GIC website.
( www.rnd.lgchem.com/world-wide/gic )

LG Chem will sort a judging panel of interior authorities to consider the study proposals primarily based on the company’s sustainability approaches and company designs.

The panel will also look at the technological innovativeness, marketability, and price competitiveness to draw up a shortlist. The nominees will be notified independently in July.

Nominated universities and institutes will be granted up to $150,000 of investigate and development fees for each yr during their jobs, as effectively as opportunities for researcher dispatch and engineering trade to guidance them.

Given that LG Chem held the 1st Global Innovation Contest in 2018, it has chosen a overall of 30 innovative study assignments from big universities which includes Harvard, Stanford, and Massachusetts Institute of Know-how (MIT). The firm has been supporting them with challenge charges and technologies trade.

“The Worldwide Innovation Contest has great significance as it will give company-academia collaboration opportunities to create ground breaking R&D level technology into professional engineering,” claimed Jiyung Yu, the CTO of LG Chem.

Yu additional, “We will continue to innovate ourselves to impress our long run consumers by connecting our very own strengths with external systems.”

For more data on GIC 2021, make sure you pay a visit to www.rnd.lgchem.com/international/gic

Check out resource model on businesswire.com:https://www.businesswire.com/news/household/20210120005244/en/

Call: LG Chem

GIC 2021 Arranging Committee

Su Jeong Han

[email protected]

Keyword: ASIA PACIFIC SOUTH KOREA

Business Search term: Analysis OTHER Strength Energy Know-how Atmosphere College OTHER Manufacturing Education SCIENCE Substances/PLASTICS OTHER Technologies Manufacturing

Resource: LG Chem

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

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