LOTTE Chemical has announced the expansion of its collaboration with Hyundai Motor, Kia’s AVP Division and the Basic Materials Research Centre. The project is focused on developing eco-friendly plastic materials for mobility purposes.
LOTTE Chemical
LOTTE Chemical expands Hyundai Motor and Kia collaboration
Last year, LOTTE Chemical was involved in the Eco-Friendly Materials and Vehicle Exhibition. At the event, the company proposed its application of eco-friendly polymethyl methacrylate (PMMA) material for Kia’s EV3 concept car’s ‘rear lamp lens’ component.
LOTTE Chemical, Hyundai Motor, and Kia have been working together since 2022 to supply a variety of eco-friendly materials like eco-friendly polypropylene/Talc (PP/Talc) and eco-friendly polycarbonate/acrylonitrile butadiene styrene (PC/ABS), which can be used for automotive interior and exterior components.
The eco-friendly PMMA material utilises a depolymerisation method which ensures plastics are chemically broken down and re-synthesized. This allows for the production of recycled plastics with similar quality levels to virgin counterparts.
Another collaboration, this time between LOTTE Chemical and Hyundai/Kia and Seoyon E-Hwa, is working towards developing high-content, eco-friendly polycarbonate/polyethylene terephthalate (PC/PET) material, boasting a recycling rate of 70%. Additionally, the material achieves over 65% carbon reduction compared to new plastics, includes improved properties, and has a large range of colour flexibility.
“We will continue to develop and provide diverse eco-friendly solutions applicable to future mobility by leveraging our expertise and technological capabilities in speciality materials,” said a representative from LOTTE Chemical.
