LG Chem, Ltd. (051910.KS) KSC

Currency In KRW

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LG Chem, Ltd.

Address

LG Twin Towers

Seoul,

Korea (the Republic of)

Phone

82 2 3773 1114

Sector

Basic Materials

Industry

Chemicals

Employees

14011

First IPO Date

April 25, 2001

Key Executives

NameTitlePayYear Born
Dong-Choon KimPresident, CEO & Director01968
Dal-Mi HwangHead of Management Strategy - Life Sciences0N/A
Hyun-suk YoonHead of Investor Relations Division0N/A
Cheol-Ho YangVP & Head of Petrochemical Management Strategy Group0N/A
Dong Seok ChaExecutive Vice President, Internal Accounting Manager, Chief Financial Officer & Director0N/A
Ji-yung YuCTO & Chief Sustainability Officer01962
Young-Suk LeeVice President0N/A
Su-hee YoonSenior Vice President0N/A
Seung-se ChangSenior Vice President0N/A
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Description

Established in Seoul, South Korea, in 1947, LG Chem, Ltd. is a global enterprise with diverse operations across petrochemicals, energy solutions, advanced materials, and life sciences. Its expansive reach covers South Korea, China, other Asian countries, the United States, Europe, and various international markets. Within its petrochemical segment, the company produces fundamental olefin products like ethylene, propylene, and butadiene, primarily sourced from naphtha. This division also yields an extensive array of synthetic resins and components, alongside aromatic petrochemicals such as benzene, polypropylene, bisphenol A, acrylonitrile butadiene styrene (ABS), engineered plastics (EP), polyvinyl chloride (PVC), plasticizers, acrylics, super absorbent polymers, and synthetic rubber. The energy solutions division specializes in manufacturing and supplying batteries for consumer electronics like mobile phones and laptops, electric vehicles, and large-scale energy storage systems. LG Chem's advanced materials business focuses on specialized products including polarizers, automotive components, glass substrates, OLED films and materials, and battery materials. It also provides reverse osmosis (RO) membranes, semiconductor materials, and display materials, such as LCD photoresists. In life sciences, the company's offerings include human growth hormones like Eutropin, diabetes treatments such as Zemiglo, bovine somatotropins (Boostin), vaccines, and hyaluronic acid dermal fillers (e.g., YVORIE). Additionally, they develop fine chemical products, exemplified by the PYANCHOR herbicide for rice farming. Beyond these core areas, LG Chem's activities encompass agricultural solutions, including crop protection products, seeds, fertilizers, and pesticides, alongside pharmaceutical research and facility management services. The company also manufactures and markets adhesives and electronic parts, distributes pharmaceutical products and water processing membranes, engages in agricultural pesticide licensing, and makes strategic investments in venture companies.

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