The company said the recognition reflects its push to move beyond commodity products and focus on higher-value, higher-performance materials, with results now being validated on the global stage.
HRTP was also named “Innovation of the Year” at Chinaplas last year, giving the material two consecutive years of recognition at the exhibition.
Judges cited the ultra-high polymerization HRTP’s strong flexibility, flame resistance and abrasion resistance, and said it has a solid base for applications including electric-vehicle charging cables.
Based on PVC, which is often viewed as a general-purpose material, HRTP is designed to deliver heat resistance, flexibility and durability demanded by next-generation industries such as EVs and robotics. LG Chem said it can be used in EV charging cables and heat-resistant wiring for vehicles and robots, offering about 30% better flexibility than existing materials and stable performance in high-voltage, high-temperature conditions.
The company said HRTP is also seeing growing use as an alternative to expensive materials in markets such as synthetic leather and seats for automobiles, due to its soft feel and abrasion resistance. It said HRTP achieves high performance without a crosslinking process that chemically locks the structure, and remains recyclable, meeting requirements for functionality, safety and sustainability.
At the exhibition, LG Chem also won an excellence award for UNIQABLE™, an eco-friendly packaging material. Judges pointed to its clear effect in reducing plastic use and cited leading results in environmental protection and commercialization, the company said.
LG Chem said it will continue shifting its petrochemical business from commodity products to high-value materials and strengthen customer-value-based materials competitiveness in growth industries including EVs, robots, mobility, electrical and electronics, and industrial materials.
* This article has been translated by AI.
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