Since its establishment in 1947, LG Chem has been growing with challenges and innovations as a representative chemical company in South Korea. LG Chem has been committed to turning dreams into reality for the past 70 years, successfully developing from non-fragile cosmetic bottle caps to world-leading batteries, committed to creating a healthy and beautiful life for customers and humans. At present, LG Chem will once again make a leap towards the "Global Five-Strength Chemical Enterprise" based on its balanced business composition such as petrochemicals, cutting-edge materials, life sciences and battery subsidiaries with global competitiveness.

“We connect science to life for a better future”. LG Chemistry will transform from "chemistry" to "science" and become a multinational company that provides value to its customers.

Business scope

Petrochemical

Contribute to industrial development through world-quality petrochemical products. The basic materials business has built a vertical joint venture system from basic raw materials such as ethylene and propylene to downstream products such as PE, ABS, and synthetic rubber. It is a representative business field of LG Chemistry with world-level productivity and cost competitiveness. Strengthen the business structure with high value-added products as the center, concentrate on cultivating future potential materials such as carbon nanotubes, and continuously strengthen their competitiveness in the global market.

Cutting-edge material

Guide cutting-edge future life through special materials with cutting-edge technology. Provide special materials with market and customer-centricity and expand competitiveness in business areas. Accelerate the development of differentiated materials such as secondary batteries, IT and automotive industries that are in line with the trends of electric vehicles ( e-Mobility ) and Sustainability , and are committed to improving the ability to provide customers with differentiated value.

Life Science

Make human life healthier by improving R&D power. Life Sciences, as a field of future new growth under the long-term cultivation, has the innovative R&D power to obtain the US FDA new drug certification. Go out of South Korea, actively explore overseas markets, expand new drug development channels through active investment and research and development, and strive to grow into a global pharmaceutical company.

Battery

Among all battery manufacturers around the world, as a company with a chemical foundation, LG Chem's batteries are a rapidly growing business field. Since the early successful development of lithium-ion batteries in South Korea in 1999, it has maintained an average annual sales growth performance of more than 30%.