Bidding - the International Association of the Catalysis Societies
Bidding - the International Association of the Catalysis Societies
Bidding - the International Association of the Catalysis Societies
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Only a few companies, worldwide, have succeeded in developing this Acrylic Acid<br />
production process. With <strong>the</strong> successful development <strong>of</strong> this technology as well as its<br />
commercialized oxidation catalyst, LG Chem has now become <strong>the</strong> world's 4th company<br />
to possess <strong>the</strong> entire process to produce Acrylic Acid. Moreover, LG Chem has taken a<br />
step fur<strong>the</strong>r than its competitors by enhancing <strong>the</strong> lifespan <strong>of</strong> catalysts, productivity, and<br />
saving energy.<br />
"The new process is expected to create an incremental net pr<strong>of</strong>it in our Acrylates<br />
business. Fur<strong>the</strong>rmore, additional benefits are expected as we have plans to export our<br />
new technology and to establish our own new facility in <strong>the</strong> near future," <strong>the</strong> CTO<br />
added.<br />
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