LG Chem Ltd - Company Profile

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LG Chem Ltd: Overview

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LG Chem Ltd (LG Chem) is a chemical manufacturer. The company manufactures and markets products related to petrochemicals, advanced materials, and life science. Its product portfolio includes acrylonitrile butadiene styrene, acrylonitrile styrene acrylate, acrylate, alcohol, bisphenol, butadiene rubber, die attach film, display stripper double-sided tape, OLED materials, battery materials, among others. It also offers life science products related to arthritis, diabetes, growth hormone, circulatory system, fertility, anemia, hyperkalemia, and crop protection agents, among others. 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.

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Headquarters South Korea
Address LG Twin Tower, 128, Yeoui-Daero, Seoul, 07336
Website www.lgchem.com
Telephone 82 237 731114
No of Employees 19,250
Industry Chemicals
Ticker Symbol & Exchange 051910 (KRX)
Revenue (2022) $42.3B 8.4% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -27.5% (2022 vs 2021)
Market Cap* $20.8B
Net Profit Margin (2022) XYZ -33.2% (2022 vs 2021)
* As of and is in US$
View LG Chem Ltd financials
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LG Chem Ltd premium industry data and analytics

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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: COMPOSTFUL
Acrylonitrile Butadiene Styrene KEYFLEX
Acrylonitrile Styrene Acrylate LUCEL
XYZ XYZ
XYZ XYZ
XYZ XYZ
Understand LG Chem Ltd portfolio and identify potential areas for collaboration Understand LG Chem Ltd portfolio and identify potential areas for collaboration Find out more

History

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

Year Event Description
2024 Contracts/Agreements In April, LG Water Solutions secured a supply order of seawater RO membrane elements through a local EPC to expand a seawater desalination facility at the OCP Jorf Lasfar Complex.
2024 Others In April, the company completed commercial production of precursor materials for electric vehicle batteries at a newly built plant in South Korea.
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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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 Seoul Greater London Tokyo Tokyo -
No. of Employees 19,250 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 Chief Executive Officer; Chairman Executive Board 2022 -
Cha Dong Seok Chief Financial Officer; Director Executive Board 2024 -
Kwon Bong Seok Director Non Executive Board 2022 -
Young-Han Lee Director Non Executive Board 2024 -
Chun, Kyung-Hoon Director Non Executive Board 2023 -
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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