LG Chem and KIST have declared a new joint development to explore carbon neutral breakthrough technologies, including research into green hydrogen, with a new memorandum of understanding (MoU).
The MoU will focus on the research and development (R&D) into relevant technologies for reducing carbon emissions such as carbon capture utilisation (CCU) and hydrogen energy.
The two institutes will jointly develop hydrogen technologies which explore the production of green hydrogen without carbon-emissions, production of safe hydrogen using compounds and the utilisation of raw materials and thermal/electric energy.
The two institutes also plan to expand cooperation into various fields such as AI (artificial intelligence) and DX (digital transformation) to develop core materials and processes.
Yu Jiyung, Executive Vice President of LG Chem, said, “Through this MOU with KIST, which is a leader of breakthrough technologies related to carbon neutrality in Korea, we now have the bridgehead for the early procurement of platform and commercialisation technologies related to CCU and hydrogen energy needing R&D for the long-run.”
“LG Chem will cooperate with KIST to further accelerate ESG management that advances the breakthrough technologies.”
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