LG Chem

History

Year	Detail
1947	Founded as Lucky Chemical Co. Ltd. focusing on cosmetics.
1951	Produced Korea’s first injection-molded synthetic resin products.
1954	Completed the Yeonji Plant in Busan.
1959	Established Lucky Oil and Fat Co. Ltd.
1962	Established Lucky Vinyl Co. Ltd.
1966	Set up Korea’s first synthetic detergent factory in Anyang Plant and renamed to Lucky Chemical Industries Co. Ltd.
1979	Opened the Lucky Central R&D Center in Daedeok.
1984	Acquired Korea General Chemicals’ Naju Plant.
1987	Completed construction of the acrylate factory in Naju Plant.
1995	Renamed to LG Chem.
1996	Acquired India’s Hindustan Polymers Ltd.
1998	Completed the Ningbo ABS plant in China.
1999	Founded rechargeable battery, phosphor, and CCL factories in Cheongju Complex.
2000	Acquired Hyundai Petrochemicals’ PVC business.
2001	Divided the company into LGCI, LG Chem, LG Household & Healthcare.
2005	Established a sales subsidiary in Europe and founded a joint R&D lab with Moscow State University.
2006	Merged with LG Daesan Petrochemicals Co. Ltd.
2008	Acquired Kolon’s SAP business.
2010	Founded HL Green Power Co. Ltd., a joint venture with Hyundai Mobis.
2019	Established VLBP, a joint venture with VinFast in Vietnam.
2021	Established a PLA (Poly Lactic Acid) plant with ADM in the U.S.
2023	Signed an MOU with China's Huayu Group to establish a plant in Morocco to produce LFP cathode materials.