"Carbon↓ Productivity↑" LG Chem Discovers Sustainable Innovation Ideas from University Students

The 2nd LG Chem-Korean Institute of Chemical Engineers Petrochemical Olympiad Award Ceremony Held

The first-place winning team of the 2nd Petrochemical Olympiad (Pusan National University) is taking a commemorative photo with LG Chem officials. Photo by LG Chem

[Asia Economy Reporter Donghoon Jeong] LG Chem met with the creative ideas of university students through a technology competition.

On the 21st, LG Chem held the award ceremony for the '2nd LG Chem-Korean Institute of Chemical Engineers Petrochemical Olympiad' at the LG Twin Towers in Yeouido, Yeongdeungpo-gu, Seoul, and on the 23rd announced that the CarbonCarbonDoubleBond team consisting of students Han Ji-woong, Kim Jeong-hyun, and Jo So-yeon from Pusan National University won the grand prize.

The grand prize team analyzed the economics of various hydrogen production methods, including ▲Gray ▲Blue ▲Green, which are attracting attention as future core energy sources, and proposed an optimal process that can effectively reduce carbon emissions and competitively produce hydrogen.

The judging panel said, "We highly evaluated the comparison and analysis of various production methods for hydrogen production, including logical calculation design," and added, "This competitive production process will be applied in future energy hydrogen manufacturing."

Han Ji-woong, who received the grand prize, said, "I am grateful to LG Chem for preparing a contest for chemical engineering undergraduates, and it gave me confidence in a career in petrochemicals."

The Petrochemical Olympiad is a competition that supports university students to expand their knowledge in the field of chemical engineering and grow into innovative talents through competition and exchange. It is open to third-year or higher students majoring in chemical engineering both domestically and internationally.

LG Chem is the only company in Korea conducting the Petrochemical Olympiad contest exclusively for chemical engineering undergraduates to discover and nurture outstanding talent in the petrochemical industry.

A total of 364 teams of chemical engineering major university students participated in the Olympiad, which started in June, applying in three fields: ▲Productivity Improvement ▲Process Safety ▲Environment/Energy, with 10 teams ultimately awarded.

The gold prize in the Productivity Improvement category went to three members including Kim Hanna from Ewha Womans University, who proposed process optimization using DX (Digital Transformation). The gold prize in the Process Safety category was awarded to three members including Noh Hye-young from Pusan National University, who analyzed potential risks of equipment. The gold prize in the Environment/Energy category was awarded to two members including Jeon Dong-woo from Seoul National University, who proposed a high value-added product production process using carbon dioxide.

LG Chem provides the grand prize team with a scholarship of 5 million KRW per person and an opportunity for a full-time conversion internship. Gold, silver, and bronze prize teams in each category receive scholarships of 3 million KRW, 2 million KRW, and 1 million KRW per person respectively, and preferential conditions such as exemption from document screening when applying for LG Chem employment are applied.

No Guk-rae, head of LG Chem's Petrochemical Business Division, stated, "Through the Olympiad contest, we will continuously discover and nurture talents who will lead future businesses with sustainable innovative technologies."

This content was produced with the assistance of AI translation services.