FEB. 26–DAEJON, Korea–LG Chem Ltd., the nation’s largest chemical company, has opened a research center here to focus on the key technologies of nanotech and display materials.

The center will conduct the company’s major research projects on nanotechnology and organic light emitting displays, officials said.

“The new center holds a great significance. It is the essential infrastructure to develop key technologies for our business,” said Yeo Jong-kee, LG Chem CTO and president, during the opening ceremony on Feb. 26.

The center, known as a fabrication facility, combines traditional research labs with an aseptic cleanroom to save time on development projects.

“We usually used cleanroom facilities of other chip makers to test our new materials. But the new center will save us such troubles,” a company representative said.

Nanotechnology is the science of handling molecular-sized structures and can be used to develop strong, ultra-light materials. The chemical maker was recently the first to develop a leak-proof plastic with the precision technology.