LG Chem, Ltd., the largest chemical company in Korea, announced on August 17 that the company signed a license partnership agreement with Mitsui Chemicals Inc., for the use of their VCM/EDC technology.
The partnership grants LG Chem with the exclusive rights to sublicense Mitsui's VCM/EDC (vinyl chloride monomer/ethylene dichloride) technology. The partnership will not only be beneficial for LG Chem but also advantageous to Mitsui as well.
The exclusive right enables LG Chem to develop new client