South Korea's LG Chem to invest $134m in new tech, ESG fund

South Korea's LG Chem to invest $134m in new tech, ESG fund

Yongsan-gu, South Korea. Photo: Janis Rozenfields/Unsplash

LG Chem, a chemicals and battery unit of South Korean conglomerate LG Corp, is investing 150 billion won ($134 million) in a new fund that will invest in companies focused on battery technologies and eco-friendly materials.