# LG Chem and CJ CheilJedang to form bio-nylon joint venture

LG Chem and CJ CheilJedang signed a Heads of Agreement to establish a joint venture for the production and sales of bio-nylon, producing raw materials to products for the first time in South Korea.

- Type: Partnership
- Announced: 2024-02-15
- Where: South Korea
- Status: announced
- Products: bio-nylon
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [LG Chem](https://endata.com/companies/2456.md) (partner)
- [CJ CheilJedang](https://endata.com/companies/20856.md) (partner)

## Sources

- [lgchem.com](https://www.lgchem.com/company/information-center/press-release/news-detail-9426?lang=en_US), 2024-02-15: "LG Chem and CJ CheilJedang Join Forces to Commercialize Bio-Nylon."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.