Founded in 1947 as Lucky Chemical Industrial Corp, LG Chem is South Korea’s flagship chemical manufacturer and a global leader in petrochemicals, advanced materials and life sciences. Headquartered in Seoul, the company has grown from its domestic beginnings into a diversified enterprise that spans a broad spectrum of industries. Over more than seven decades, LG Chem has played a pivotal role in the development of Korea’s chemical sector while simultaneously expanding its product portfolio to serve customers worldwide.
LG Chem operates through three primary business divisions. Its petrochemical arm produces an array of base chemicals, synthetic resins and high-performance plastics for industries such as automotive, electronics, packaging and construction. In the energy solutions segment, the company designs, manufactures and supplies lithium-ion batteries for electric vehicles and energy storage systems, partnering with global automakers and technology firms. Meanwhile, the life sciences division focuses on pharmaceuticals, bioengineering and vaccine development, offering a range of active pharmaceutical ingredients and biosimilars.
With a presence in more than 40 countries, LG Chem leverages a network of manufacturing facilities and research centers in Asia, Europe and North America. The company’s commitment to innovation is reflected in its sizable R&D investments, targeting advances in next-generation battery technologies, sustainable plastics and specialty chemicals. Collaborative efforts with universities, startups and research institutes further bolster its development pipeline and reinforce its position in rapidly evolving markets such as clean energy and biotechnology.
Under the leadership of President and CEO Hyeon-Gyo Oh, LG Chem continues to emphasize sustainability, digital transformation and customer-centric solutions. The company’s strategic focus includes expanding its electric vehicle battery capacity, enhancing its green chemical offerings and pursuing growth opportunities in key geographic regions. With a blend of long-standing industry expertise and forward-looking initiatives, LG Chem remains well-positioned to address emerging market trends and technological shifts across the global chemical landscape.
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