LG Chem

Company Overview

LG Chem Ltd. is a global chemicals company that is headquartered in Seoul, South Korea. In 2023, the company registered a total of 49,976 patents—17,876 in Korea, 32,100 worldwide. The company operates through five major segments, namely, LG Energy Solution, Petro-chemicals, Advanced Materials, Life Sciences, and Common and Others. The company produces and markets its thermoplastics elastomers for automotive parts and electric and electronic components; and it manufactures heat-resistant, chemical-resistant and weather-resistant elastomers in the global market.

Financial Highlights (FY 2023)

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