LG Chem Ltd - Company Profile

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LG Chem Ltd (LG Chem), a subsidiary of LG Corp, is a chemical manufacturer. The company manufactures and markets petrochemicals, IT and electronic materials, and energy solutions. Its product portfolio comprises polyvinyl chloride (PVC), ethylene, propylene, butadiene, benzene, polarizer, glass substrate, semiconductor materials and RO membranes, among others. It also offers growth hormone, vaccine, anti-diabetic products, and manufactures and supplies display and battery materials for LCD photoresist, OLED materials, battery materials and others. It owns and operates manufacturing facilities in Daesan, Yeosu, Ochang, Cheongju, Ulsan, Naju, Iksan, Paju, and Gimcheon. 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.

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Headquarters South Korea

Address Lg Twin Tower, 128, Yeoui-Daero, Yeongdeungpo-Gu, Seoul, 07336


Telephone 82 2 37731114

No of Employees 14,280

Industry Chemicals

Ticker Symbol & Exchange 051910 (KRX)

Revenue (2023) $42.3B 8.4% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ -27.5% (2023 vs 2022)

Market Cap* $24.9B

Net Profit Margin (2023) XYZ -33.2% (2023 vs 2022)

* As of and is in US$
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LG Chem Ltd premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on LG Chem Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
Petrochemicals: Aripiprazole
ABS Eucept
EPS Valtropin
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Plans/Strategy In March, the company announced its plans to sell a stake in its naphtha cracking center in Yeosu, South Jeolla, South Korea.
2024 Contracts/Agreements In March, the company announced its partnership with Kuwait Petroleum Corp to split off its second naphtha cracking center in Yeosu, South Jeolla Province, South Korea.
2024 Contracts/Agreements In February, the company and CJ CheilJedang signed a head of agreement to form a joint venture to produce bio-nylon.
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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-Ku Chuo-Ku Seoul
State/Province - Greater London Tokyo Tokyo -
No. of Employees 14,280 20,000 68,639 33,572 2,741
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Shin Hak-Cheol Chairman; Chief Executive Officer Executive Board 2022 -
Chun, Kyung-Hoon Director Non Executive Board 2023 -
Lee Hyunjoo Director Non Executive Board 2022 -
Cha Dong Seok Director Non Executive Board 2021 -
Kim Mun-Su Director Non Executive Board 2021 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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