Description

Globally, LX International Corp. engages in a broad spectrum of activities encompassing the energy sector, industrial materials, and comprehensive solution services. Within the energy domain, its operations include the exploration, investment, management, and commercialization of coal resources across Indonesia, China, and Australia. Furthermore, it manages oil palm plantations in Indonesia and participates in the agricultural and food commodities trade. The company also undertakes the financing, development, and construction of diverse power generation facilities, including hydroelectric, thermal, and cogeneration plants, alongside petrochemical facilities in key markets such as China, Vietnam, India, and Poland. Additionally, it targets oil and gas plant ventures for development and investment in the Middle East, Southeast Asia, and Kazakhstan. Regarding industrial materials, LX International engages in the trade of synthetic resins and supplies an array of petrochemical products, from ethanol and MTBE to coolants and various organic and inorganic chemicals. It also actively supports and develops plastic recycling initiatives. Moreover, its industrial activities extend to the manufacturing and provision of steel products for automotive and household appliance applications. The corporation is also proactively exploring novel business opportunities in nonferrous metals, particularly focusing on critical elements like lithium, vital for secondary battery production. In its solutions division, LX International offers comprehensive vendor management inventory (VMI) services, streamlining processes such as procurement, customs clearance, warehousing, and transportation, leveraging its extensive business network and robust logistics infrastructure. Simultaneously, it is dedicated to advancing next-generation businesses driven by information and communication technologies (ICT). Established in 1953 and headquartered in Seoul, South Korea, the company operated as LG International Corp. until its rebranding to LX International Corp. in July 2021.