LG Electronics Signs Agreement with Ministry of Oceans and Fisheries and Gyeongnam Province to Create Marine Forest in Goseong Waters

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LG Electronics Signs Agreement with Ministry of Oceans and Fisheries and Gyeongnam Province to Create Marine Forest in Goseong Waters

Published2026.08.20 09:34

Functional New Material 'LG Marine Balance' to be Applied to 1.5㎢ Waters by 2029

LG Electronics is joining hands with government, local authorities, and public institutions to introduce functional new materials into the Goseong-gun waters in Gyeongnam to restore the marine ecosystem. As a public-private cooperation initiative aimed at expanding carbon absorption sources and responding to climate crises, the company has broadened its application scope from existing coastal and tidal flat demonstrations to open waters.

On the 20th, LG Electronics announced that it had signed a 'Memorandum of Understanding (MOU) for Marine Forest Creation Project' with the Ministry of Oceans and Fisheries, Gyeongnam Province, and the Korea Fisheries Resources Agency at LG Smart Park in Changwon.

The signing ceremony was attended by Choi Sung-bong, Head of LG Electronics' Built-in/Cooking Solutions Division, Choi Hyun-ho, Director of the Fisheries Policy Bureau at the Ministry of Oceans and Fisheries, Park Il-woong, Administrative Vice Governor of Gyeongnam Province, and Kim Jong-deok, President of the Korea Fisheries Resources Agency.

According to the agreement, a marine forest will be created over approximately 1.5㎢ in the Deongmyeong-ri waters of Goseong-gun over a four-year period from 2026 to 2029, and each institution plans to continuously observe seaweed growth and changes in the marine environment.

Expanding Application Scope of LG Marine Balance

'LG Marine Balance' is a functional new material that releases mineral ions when in contact with water to promote the growth of seaweed and halophytic plants.

LG Electronics explained that it has secured proprietary technology to precisely control the elution amount and rate, and can implement the material in various forms such as beads and chips.

LG Electronics has previously applied the material to approximately 1,500㎡ each in the Nakdong River estuary salt marsh in Busan and the Suncheon Bay tidal flat to demonstrate its effects, and received a Presidential Commendation at the '14th Marine Tree Planting Day Commemoration Event' for its contribution to fishery resource conservation.

Fostering B2B Business in Functional Materials

LG Electronics has continued research on glass powder-based functional materials since 1996 and has secured approximately 420 related patents.

Last year, the company completed regulatory registration for antimicrobial agents in the United States and Europe and demonstrated safety.

Production capacity is also being expanded.

In addition to operating a production line with an annual capacity of approximately 4,500 tons at LG Smart Park in Changwon, the company has recently added a line with an annual capacity of approximately 2,000 tons at its production subsidiary in Haiphong, Vietnam.

Major material product lines include △antimicrobial and antifungal material 'LG PuroTec™' △laundry functional material 'LG Mineral Wash'.

Choi Sung-bong, Head of Division, stated, "We will continue to develop functional material technology that contributes to environmental conservation and climate crisis response, and expand it as a B2B business opportunity."

#해양수산부 #LG 마린 밸런스 #바다숲 #해양생태계 복원 #기능성 신소재 #탄소흡수 #경상남도

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