South Korean electronics giant investing in Glass Futures project

Business Secretary Kemi Badenoch, Richard Katz, Bang Moon Kyu, South Korean Minister for Trade, Industry and Energy

A South Korean multinational electronics company is backing the St Helens-based Glass Futures project with new investment.

LG Electronics announced its support as part of the UK-Korea Business Forum at Mansion House, London, this week, which saw Korean businesses back Britain with £21bn of investment.

Youngseok Kim, business leader of advanced materials at LG Electronics, said: “Glass is everywhere in our lives, and we believe it is our duty to collaborate and find innovative solutions to manufacture glass in the most sustainable way.

“LG Electronics is interested in exploring advanced technologies for glass production such as electric or hydrogen powered furnaces, as well as increasing the proportion of recycled content to make new products.”

Earlier this year a trade mission took place to the Republic of Korea with Liverpool City Region Combined Authority. As part of the UK-Republic of Korea Innovation Twins Programme, The British Embassy introduced Glass Futures to LG Electronics, the world’s largest manufacturers of consumer electronics and home goods, as one of many partnerships supported by the combined authority.

After technical discussions, LG Electronics became members of the not-for-profit research and technology organisation to benefit from its world leading technical expertise…Read more