LG-CHEM
12.8.2024 02:01:36 CEST | Business Wire | Press release
LG Chem (KRX:051910) announced that its PFAS-free flame-retardant PC/ABS material made of recycled plastics has received the V-0 rating in the UL94, a U.S. standard flame retardancy test.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807428002/en/
LG Chem developed PFAS-free flame-retardant PC/ABS material. The material has gained world-first V-0 level flame retardancy performance certification (Image: LG Chem)
The V-0 rating is the highest level of flame retardancy performance in the industry, where the flame must self-extinguish within 10 seconds when the material is set on fire vertically. LG Chem is the first in the world to have been certified for V-0 flame retardancy performance with PFAS-free PC/ABS material.
With its own-developed special flame-retardant process, LG Chem has made its PC/ABS material more flame-resistant without PFAS. It also added PCR plastics to reduce carbon emissions. This PFAS-free material emits 46% less carbon compared to traditional PC/ABS materials as it contains more than 50% of recycled plastics.
PFAS is commonly used in cooking utensils, clothing, and cosmetics as it is highly flame-resistant and does not dissolve in water and oil. However, as it does not decompose in nature and has a negative impact on the environment, the demand for PFAS-free materials is growing mainly in Europe and the U.S.
“The transition to eco-friendly materials, including PFAS-free flame-retardant plastics, will become a global trend. We will continue our research and development efforts to create eco-friendly and flame-retardant materials that prioritize customer well-being and the environment,” said Steven Kim, Senior Vice President of LG Chem’s Engineering Materials Business Unit.
PFAS-free flame-retardant materials are expected to be applied in various electrical devices such as laptops and tablets – devices often in close contact with the human body and generate heat – and industrial equipment such as inverters and electric vehicle chargers. In addition to PC/ABS materials, LG Chem has successfully obtained UL certification for various PFAS-free flame-retardant materials it has developed, including PC and PBT.
About LG Chem
LG Chem is a leading global chemical company with a diversified business portfolio in the key areas of petrochemicals, advanced materials, and life sciences. The company manufactures a wide range of products from high-value-added petrochemicals to renewable plastics, specializing in cutting-edge electronic and battery materials, as well as drugs and vaccines to deliver differentiated solutions for its customers. LG Chem is committed to reaching carbon-neutral growth by 2030 and net-zero emissions by 2050 by managing the impacts of climate change and making positive contributions to society through renewable energy and responsible supply chains. Headquartered in Seoul, Korea, LG Chem has multiple operation sites worldwide and generated consolidated revenue of KRW 55.2 trillion (USD 41.6billion) in 2023. For more information, please visit www.lgchem.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240807428002/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Sytel Reply Named Zuora’s 2025 EMEA RSI Partner of the Year Enabling Value-Based Monetization for AI24.3.2026 13:21:00 CET | Press release
Sytel Reply, the Reply Group company specialized in subscription management, billing transformation and revenue management platforms, has been recognized by Zuora as its 2025 EMEA RSI Partner of the Year for its expertise in Zuora implementation and strategic consulting in monetization across the EMEA region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260324359888/en/ By combining deep platform expertise, revenue model design capabilities and advanced AI solutions, Sytel Reply and Revise Reply position themselves as strategic partners for organizations seeking to evolve their business models and transform AI adoption into tangible and sustainable economic value. The recognition highlights more than a decade of experience on the Zuora platform and a dedicated center of excellence comprising certified specialists in subscription management, revenue recognition, billing optimization and financial analytics. Sytel Reply supp
Klarna and Elliott Deepen Partnership With $2bn Facility Supporting $17bn of US Financing Expansion24.3.2026 13:07:00 CET | Press release
Klarna, the global digital bank and flexible payments provider, today doubled its existing forward-flow and whole-loan sale agreement with investment funds managed by Elliott Investment Management. The facility size doubles to $2bn and the term extends by one year to three years, enabling Klarna to facilitate up to $17bn-worth of US Financing loans during the remaining life of the program. "Klarna's US Financing is growing fast because it gives Americans something the credit card industry never has: real choice, clear terms, and no surprises. This partnership sets the foundation for us to meet the accelerating demands of our American consumers." — Niclas Neglen, Chief Financial Officer, Klarna The upsizing reflects the strong performance of the program since the two companies first announced their partnership in November 2025. In Q4 2025, Klarna's US Financing GMV grew significantly, and the expanded facility gives Klarna further capacity to support the accelerated demand. Under the ag
NetApp and Elastio Announce Partnership to Deliver Defense-in-Depth Ransomware Resilience24.3.2026 13:00:00 CET | Press release
Robust cyber resilience requires both perimeter defenses and built-in security at the storage layer NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, and Elastio are helping enterprises enhance their cyber resilience with a layered defense that extends from production storage into recovery data. Security teams must be ready to address threats at every layer of their technology stack, including ransomware that moved quietly through production before it was caught that now lives inside snapshots and backups. Advanced ransomware is engineered to evade prevention tools, moving quietly through production, staying below detection thresholds, reaching backup data before any alert is triggered. "As we migrated our infrastructure, ensuring we had the right level of backup security and assurance was non-negotiable,” Marc Crudgington, VP IT Infrastructure and CISO, Crane WW Logistics. “Elastio provided continuous inspection of our backups from day one - giving us confidence in
NetApp and Commvault Advance Cyber Resilience with Strategic Alliance24.3.2026 13:00:00 CET | Press release
Joint unified cyber resilience solution delivers data security and rapid recovery across hybrid environments NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, and Commvault (NASDAQ: CVLT), a leader in unified resilience at enterprise scale, today announced a strategic alliance to deliver a powerful, integrated solution for enterprise data protection and cyber resilience. The unified solution enables resilience, security, and rapid recovery for customers across on-premises and cloud environments, giving organizations confidence that their data is always available, immutable, and recoverable. “This alliance reinforces NetApp and Commvault’s leadership in the rapidly evolving cyber resilience and data protection market,” said Dallas Olson, Chief Commercial Officer at NetApp. “Together we’re helping customers make their infrastructure intelligent and secure so they have the confidence that their data is always available, protected, and recoverable—no matter where it live
SBC Medical Announces Next-Generation Wellness Strategy “SBC Wellness 2.0”24.3.2026 13:00:00 CET | Press release
Pioneering the “Performance Medicine” category for full-scale entry into the longevity market — targeting a global market projected to reach $2 trillion by 2035 SBC Medical Group Holdings Incorporated (Nasdaq: SBC) (“SBC Medical” or the “Company”), a Management Services Organization operating a wide range of franchise businesses across diverse medical fields, today announced “SBC Wellness 2.0,” a new wellness and longevity platform that combines aesthetic healthcare, preventative care, and data-driven health management. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260323000188/en/ SBC Medical Announces Next-Generation Wellness Strategy “SBC Wellness 2.0” The initiative positions SBC Medical to participate in the fast-growing longevity market, which is projected to reach approximately $800 billion in 2025* and expand to approximately $2 trillion by 2035, with a compound annual growth rate exceeding 10% from 2026 to 2035. Th
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
