How much is LG Chem planning to invest in R&D, and by when?

LG Chem Ltd. plans to invest 15 trillion South Korean won ($9.7 billion) in research and development by 2035.

What is the primary strategic reason LG Chem cites for this major R&D investment?

The company stated it seeks to refine its profit structure and secure growth amid slowing profitability in its traditional chemical business, which faces mounting global challenges.

LG Chem to Invest $9.7 Billion in R&D by 2035

Jun 30, 2026

LG Chem plans to invest $9.7 billion in R&D by 2035 to refine its profit structure amid slowing profitability in its traditional chemical business. The initiative aims to secure future growth despite global market challenges.

chemweek

LG Chem to Invest $9.7B in R&D by 2035

chemweek

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