REVATION signs an MOU to strengthen collaboration with LG Science Park.
- 관리자
- 2024.12.17
REVATION recently announced on the 13th that it has entered into a Memorandum of Understanding (MOU) with LG Science Park.
The partnership aims to strengthen mutual collaboration to drive sustainable technological innovation and create social value.
Through this agreement, both parties will leverage their expertise and resources to accelerate technological innovation and establish a formal cooperative relationship aimed at enhancing sustainability across various industries.
REVATION was selected in 2023 for LG Group's startup incubation program, Superstart Incubator, and has since initiated full-fledged collaboration by joining the Superstart Lab, a startup nurturing space located within LG Science Park.
The Superstart Incubator program is designed to discover and support startups with innovative ideas and technologies. REVATION achieved rapid growth during the program,
demonstrating outstanding results in eco-friendly packaging and bioplastics, according to the company.
During this period, REVATION built trust by developing innovative products and driving the adoption of eco-friendly packaging for major domestic and global corporations in the industrial sector.
This agreement extends beyond mere technological collaboration, targeting sustainable business expansion and social value creation. REVATION plans to utilize LG Group's extensive resources and
network to accelerate product development, conduct pilot tests for innovative technologies, and collaborate on joint research to expand eco-friendly solutions across industries.
The partnership will also involve active participation in new product and service pilot tests, joint development efforts, eco-friendly technology advancement, and socially responsible projects.
Min-Sung Lee, CEO of REVATION, commented, "This agreement marks a crucial turning point where REVATION's technological capabilities join forces with LG Science Park to realize sustainable innovation.
Through this collaboration, we aim to establish ourselves as a global leader in eco-friendly technology."
An LG Science Park Superstart Team representative praised REVATION, stating, "REVATION is a startup that embodies both innovation and sustainability. This partnership is expected to yield even greater achievements."
Through this agreement, REVATION aims to strengthen its presence in the global market, presenting a vision of creating an innovative model that simultaneously advances sustainable technology and generates social value.
The company also plans to set a new standard for eco-friendly packaging solutions through partnerships with various industry players, solidifying its role as a leading company for a sustainable future.
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