LG Chem and Volkswagen sign MOU on materials for future vehicles

LG Chem and Volkswagen Group have signed an MOU to jointly develop and apply next-generation, eco-friendly materials for future vehicles. The partners will focus on ABS and engineering plastics for lightweighting and performance, and will explore using LG Chem's recycled (PCR) materials in interior and exterior parts across Volkswagen brands.

• MOU signed in Seoul with Kim Sang-min and Stefan Gramse attending
• Joint R&D to center on ABS and EP for vehicle lightweighting
• PCR materials from LG Chem may be used in Volkswagen brand parts
• Volkswagen executives toured LG sites in Osan and Magok before signing