LG Chem Ltd - Company Profile
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LG Chem Ltd (LG Chem) is a chemical manufacturer engaged in the production and marketing of petrochemicals, advanced materials, and life science products. The company's major products include acrylonitrile butadiene styrene, acrylate, bisphenol, OLED materials, and battery materials. Notable brands associated with LG Chem include Zemiglo, Eutropin, and Synovian. Its products are utilized in various industries such as automotive, home appliances, packaging, agriculture, textiles, and industrial products. LG Chem’s products find applications in automobiles, home appliances, packaging, agriculture, textiles, and industrial products, among others. The company has operations in China, India, Germany, the US, Vietnam, Brazil, Taiwan, Hong Kong and Poland, among others. LG Chem is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
Lg Twin Tower, 128, Yeoui-Daero, Yeongdeungpo-Gu, Seoul, 07336
Website
www.lgchem.com
Telephone
82 2 37771114
No of Employees
14,280
Industry
Chemicals
Ticker Symbol & Exchange
051910 (KRX)
Revenue (2024)
$32.3B
-5.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-163.4%
(2024 vs 2023)
Market Cap*
$21.5B
Net Profit Margin (2024)
XYZ
-178.9%
(2024 vs 2023)
* As of and is in US$
LG Chem Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Petrochemicals: | Compostful |
| Acrylonitrile Butadiene Styrene | Keyflex |
| Acrylonitrile Styrene Acrylate | Lucel |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, the company signed a partnership with Frontier Medicines Corporation to promote progress toward translating the encouraging preclinical data. |
| 2026 | Contracts/Agreements | In March, the company signed a distribution agreement with Mochida Pharmaceutical to market the endometriosis treatment Dinagest in Korea and Thailand. |
| 2026 | Contracts/Agreements | In January, the company signed an agreement with Pacira BioSciences to launch the non-opioid local anesthetic Exparel in Asia. |
Competitor Comparison
| Key Parameters | LG Chem Ltd | LyondellBasell Industries NV | Mitsubishi Chemical Group Corp | Sumitomo Chemical Co Ltd | Lotte Chemical Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | United Kingdom | Japan | Japan | South Korea |
| City | Seoul | London | Chiyoda | Chuo-Ku | Seoul |
| State/Province | Seoul | Greater London | Tokyo | Tokyo | Seoul |
| No. of Employees | 14,280 | 18,970 | 63,258 | 29,279 | 2,741 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hak-Cheol Shin | Chairman; Chief Executive Officer | Executive Board | 2022 | 67 |
| Dong Seok Cha | Director; President | Executive Board | 2024 | 61 |
| Kyung-Hoon Chun | Director | Non Executive Board | 2023 | 52 |
| Bong Seok Kwon | Director | Non Executive Board | 2022 | 61 |
| WhaSun Jho | Director | Non Executive Board | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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