SINGAPORE (ICIS)--LG Chem is investing won (W) 10 trillion ($8.7bn) through to 2025 in new business growth areas such as eco-friendly petrochemical products and battery materials, the South Korean producer said on Wednesday.

　　The company will invest W3 trillion in “sustainability businesses” such as bio materials, recycling, and renewable energy materials, the company said in a statement.

　　LG Chem plans to start full-scale production of a “bio-balanced” superabsorbent polymer (SAP) this month with ISCC Plus certification and supply it to global customers such as those in the US and Europe, the company said.

　　Bio-balanced SAP is produced using a combination of bio-renewable raw materials, such as waste cooking oil, and fossil fuels.