LG Chem Ltd. (OTCMKTS: LGCLF) is a leading global chemical company headquartered in Seoul, South Korea. Established in 1947 as the country’s first chemical manufacturer, the company has grown into a diversified enterprise within the LG Group. Over its seven-decade history, LG Chem has expanded from basic petrochemicals to advanced materials, life sciences, and energy solutions, continually investing in research and development to drive innovation across its product portfolio.
The company’s main business activities are organized into four core divisions. The Petrochemicals division produces essential feedstocks and polymers—including ethylene, propylene, polyethylene, and polypropylene—that serve the packaging, construction, automotive, and consumer goods industries. The Advanced Materials division supplies high-performance engineering plastics, UV-curable resins, and specialty compounds used in displays, electronics, and automotive applications. In Energy Solutions, LG Chem is a major provider of lithium-ion battery components and battery separators for electric vehicles, consumer electronics, and energy storage systems. Through its Life Sciences division, the company develops pharmaceuticals, agricultural chemicals, and bioproducts on a global scale.
LG Chem serves a broad international customer base, operating manufacturing plants and R&D centers across Asia, North America, Europe, and emerging markets. Notable facilities include production sites in South Korea, China, Poland, and the United States, allowing the company to meet regional demand and maintain supply chain resilience. Under the leadership of President and CEO Hak-Cheol Shin, LG Chem continues to pursue sustainability initiatives, including carbon reduction targets and the development of eco-friendly materials, positioning itself as a key player in the transition to a low-carbon economy.
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