LG Chem

Company Overview

LG Chem, based in South Korea, is indulged in providing energy solutions, life sciences solutions, advanced materials, and petrochemicals globally through its 71 subsidiaries. The petrochemical business entails the production & marketing of olefin petrochemicals, including butadiene from Naphtha, ethylene, propylene, and multiple aromatic petrochemicals such as benzene. The company also offers synthetic resin and synthetic components from aromatic and olefin petrochemicals. Key products include PP, PE, ABS, OVC, EP, BPA, acrylic, special resins, plasticizers, and others. Moreover, LG Chem holds the largest market share in the global ABS market.

Financial Highlights (FY 2024)

Company's Business Segments

• Petro Chemicals : Olefin petrochemicals, such as ethylene, propylene, butadiene from Naphtha and aromatic petrochemicals, such as benzene.
• LG Energy Solution : Manufacture and supply batteries ranging from IT & New application batteries for mobile phones and laptop computers to automotive batteries for electric vehicles and ESS (Energy Storage System) batteries
• Advanced Materials : OLED films, semiconductor materials, OLED materials, battery materials and others and RO membranes
• Life Sciences : Human growth hormone ‘Eutropin,’ diabetes drug ‘Zemiglo,’ bovine somatotropin ‘Boostin,’ hyaluronic acid filler ‘YVOIRE’ and others, as well as fine chemical products, such as herbicide ‘PYANCHOR’ for rice farming and others.
• Common and Others : Common and other segments include operating segments not qualifying as a reportable segment, supporting divisions, as well as R&D divisions