LG Chem launches eco-friendly highly functional plastic (bio-circular balanced ABS) product that applies plant-based bio ingredients. ABS is a plastic with high heat-resistance and impact-resistance and is LG Chem’s number one product for global market share.

It can be processed in the shape desired by customers and can be made in various colors, and is thus being used as materials for various products such as toys, household appliances, automobiles, construction materials, etc.

The newly launched eco-friendly highly functional plastic acquired ISCC PLUS by using renewable bio materials. According to LG Chem, it is the first in Asia to sell eco-friendly products that acquired ISCC PLUS certification in the ABS sector.

LG Chem launches Asia’s first bio-circular balanced ABS.

Through LCA (life cycle assessment) that assesses raw material production to shipping for verification of environmental impacts, LG Chem found that carbon emissions were reduced significantly compared to ABS produced in the past.

The eco-friendly highly functional plastic that plays a significant role in achieving 2050 Net Zero was launched by applying LG Chem’s eco-friendly integrated brand, "LETZero".

This product was first sold to North America’s largest toy manufacturer, Mattel that focuses on developing eco-friendly products. LG Chem plans to actively expand and lead related markets based on eco-friendly highly functional plastics.

As ESG trends have recently been accelerating, eco-friendly product demand has been continuously increasing for products that are used in everyday life.

As part of its sustainable strategies, LG Chem released diapers and floor materials using bio materials, and launched eco-friendly remote controls, set top boxes, etc. using recycled plastics as it concentrates on carbon neutrality and resource circulation activities.