{
  "id": 10362531,
  "title": "LG Chem, Volkswagen partner on next-generation automotive materials",
  "url": "https://urgent.news/2026/09/28/lg-chem-volkswagen-partner-on-next-generation-automotive-materials-10362531",
  "topic": "world",
  "section": "World",
  "published": "2026-09-28T04:42:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/business/companies/20260928/lg-chem-volkswagen-partner-on-next-generation-automotive-materials"
  },
  "original_language": "en",
  "account": "LG Chem has entered into a memorandum of understanding (MOU) with Volkswagen Group to collaborate on developing advanced and environmentally-friendly materials for use in vehicles. The signing ceremony took place at the LG Twin Towers' Yeouido financial district in Seoul. Stefan Gramse, who is responsible for exterior parts procurement at Volkswagen Group, along with LG Chem officials from its petrochemicals division, were present at the signing event.\n\nUnder the terms of the agreement, both companies aim to utilize LG Chem's acrylonitrile butadiene styrene and engineering plastics to create lighter vehicles, enhance performance, and develop innovative new plastics and composite materials. These materials, which are high-performance plastics recognized for their impact strength, durability, and ease of processing, are commonly found in both car exteriors and interiors, as well as in home appliance casings.\n\nIn addition to these goals, Volkswagen has expressed interest in incorporating LG Chem's post-consumer recycled plastics, which are derived from discarded consumer products, into future vehicle designs. The partnership also explores the use of more cost-effective materials for the interiors and exteriors of Volkswagen's principal car brands.",
  "summary": "LG Chem signed an agreement with Volkswagen Group to jointly develop next-generation and eco-friendly materials for vehicles, the Korean chemical maker said Monday. The memorandum of understanding (MOU), a nonbinding agreement, was signed recently at the LG Twin Towers in Seoul's Yeouido financial district. Stefan Gramse, a Volkswagen Group executive vice president in charge of exterior parts…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "LG Chem, Volkswagen to jointly develop sustainable mobility materials",
        "url": "https://urgent.news/2026/09/28/lg-chem-volkswagen-to-jointly-develop-sustainable-mobility-materials",
        "published": "2026-09-28T00:50:28.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "LG Chem, Volkswagen partner on next-generation automotive materials",
        "url": "https://urgent.news/2026/09/28/lg-chem-volkswagen-partner-on-next-generation-automotive-materials",
        "published": "2026-09-28T04:17:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}