Information
LG twin tower, 128 Yeoui-daero, Yeongdeungpo District, Seoul, South Korea
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Overview
- Summary
- LG Chem is a global chemical company producing a wide range of chemical products, including petrochemicals, advanced materials, and life sciences. The company focuses on developing high-value-added products, including battery materials and future-promising materials, with a strong emphasis on sustainable products and solutions. It has established a vertically integrated production system from basic raw materials like ethylene and propylene to downstream products such as PE, ABS, and synthetic rubber. LG Chem operates with world-class productivity and cost competitiveness, advancing its business with high-value products like IPA for semiconductors and high-performance SSBR.LG Chem is a global chemical company producing a wide range of chemical products, including petrochemicals, advanced materials, and life sciences. The company focuses on developing high-value-added products, including battery materials and future-promising materials, with a strong emphasis on sustainable products and solutions. It has established a vertically integrated production system from basic raw materials like ethylene and propylene to downstream products such as PE, ABS, and synthetic rubber. LG Chem operates with world-class productivity and cost competitiveness, advancing its business with high-value products like IPA for semiconductors and high-performance SSBR.
- Key Products/Technologies
- Petrochemical Products: Production technology for various basic and high-value chemical materials including ethylene, propylene, PE, ABS, SAN, PVC, synthetic rubber, IPA, SSBR, acrylates, plasticizers, polycarbonate, ASA, Aerogel (Nexula™), high-purity alcohol, and PP (for injection molding and fibers).Petrochemical Products: Production technology for various basic and high-value chemical materials including ethylene, propylene, PE, ABS, SAN, PVC, synthetic rubber, IPA, SSBR, acrylates, plasticizers, polycarbonate, ASA, Aerogel (Nexula™), high-purity alcohol, and PP (for injection molding and fibers).
- Advanced Materials Products: Expertise in cutting-edge electronic materials and battery core materials such as battery materials (cathode materials, separators, carbon nanotubes), display and optical films, polarizers, printed circuit materials, toners, and ultra-thin adhesive films (NCF) for HBM.Advanced Materials Products: Expertise in cutting-edge electronic materials and battery core materials such as battery materials (cathode materials, separators, carbon nanotubes), display and optical films, polarizers, printed circuit materials, toners, and ultra-thin adhesive films (NCF) for HBM.
- Life Sciences Products: Provision of new drug development and bio-pharmaceutical solutions, including the development of 'EuDi,' an application for growth hormone intake management, incorporating advanced user experience technology.Life Sciences Products: Provision of new drug development and bio-pharmaceutical solutions, including the development of 'EuDi,' an application for growth hormone intake management, incorporating advanced user experience technology.
- Sustainable Materials: Production technology for compostable bioplastics (COMPOSTFUL™) and bio-balanced products (SAP, PO, ABS, PVC, NPG, phenol, acetone) based on renewable plant-based raw materials like waste cooking oil.Sustainable Materials: Production technology for compostable bioplastics (COMPOSTFUL™) and bio-balanced products (SAP, PO, ABS, PVC, NPG, phenol, acetone) based on renewable plant-based raw materials like waste cooking oil.
- Battery Technology: Development and mass production of lithium-ion batteries, supply of automotive batteries for electric vehicles, energy storage system (ESS) battery technology, high-energy density battery implementation through Lamination & Stacking technology, and proprietary high-nickel cathode material technology and patents.Battery Technology: Development and mass production of lithium-ion batteries, supply of automotive batteries for electric vehicles, energy storage system (ESS) battery technology, high-energy density battery implementation through Lamination & Stacking technology, and proprietary high-nickel cathode material technology and patents.
- Production Process Technology: World-leading energy efficiency at the Yeosu NCC plant (ethylene production in the 3,000 Kcal/kg range), and improved ABS quality and productivity through mechanical condensation technology.Production Process Technology: World-leading energy efficiency at the Yeosu NCC plant (ethylene production in the 3,000 Kcal/kg range), and improved ABS quality and productivity through mechanical condensation technology.
- Core Advantages
- Diversified Business Portfolio: A stable revenue structure and future growth engines secured through three core pillars: petrochemicals, advanced materials, and life sciences.Diversified Business Portfolio: A stable revenue structure and future growth engines secured through three core pillars: petrochemicals, advanced materials, and life sciences.
- Technological Leadership and Extensive Patent Portfolio: Proprietary technology in battery materials (especially cathode materials) and over 46,761 patents, demonstrating strong technological differentiation capabilities.Technological Leadership and Extensive Patent Portfolio: Proprietary technology in battery materials (especially cathode materials) and over 46,761 patents, demonstrating strong technological differentiation capabilities.
- Vertical Integration and Global Production Network: Vertical integration in the petrochemical business and efficient market response capabilities through a global production network including 29 business sites in 15 countries, such as Korea, China, and the U.S.Vertical Integration and Global Production Network: Vertical integration in the petrochemical business and efficient market response capabilities through a global production network including 29 business sites in 15 countries, such as Korea, China, and the U.S.
- Leadership in Sustainability and Eco-friendly Technologies: Securing a competitive edge through ESG management, including the 2050 Net-Zero goal, Zero Waste to Landfill (ZWTL) certification, and the first in Korea to obtain TUV Rheinland certification for product carbon footprint (PCF) assessment methods.Leadership in Sustainability and Eco-friendly Technologies: Securing a competitive edge through ESG management, including the 2050 Net-Zero goal, Zero Waste to Landfill (ZWTL) certification, and the first in Korea to obtain TUV Rheinland certification for product carbon footprint (PCF) assessment methods.
- Customer-Centric Co-development: Strong capability to develop products and provide optimized solutions in close cooperation with OEMs (Original Equipment Manufacturers) to meet market demands.Customer-Centric Co-development: Strong capability to develop products and provide optimized solutions in close cooperation with OEMs (Original Equipment Manufacturers) to meet market demands.
- R&D Investment and Open Innovation: Continuous R&D investment for securing future-promising technologies and strengthening innovation capabilities through collaboration with external institutions.R&D Investment and Open Innovation: Continuous R&D investment for securing future-promising technologies and strengthening innovation capabilities through collaboration with external institutions.
- Target Industries
- Automotive Industry: EV batteries, high-performance plastics for automotive parts, lightweight engineering plastic materials.Automotive Industry: EV batteries, high-performance plastics for automotive parts, lightweight engineering plastic materials.
- Electronics and IT Industry: Display and optical films, semiconductor materials, high-performance plastics for IT devices, lithium-ion batteries.Electronics and IT Industry: Display and optical films, semiconductor materials, high-performance plastics for IT devices, lithium-ion batteries.
- Construction and Building Materials Industry: PVC wallpaper, flooring, raw materials for artificial marble (MMA), insulation materials (EPS, Aerogel).Construction and Building Materials Industry: PVC wallpaper, flooring, raw materials for artificial marble (MMA), insulation materials (EPS, Aerogel).
- Household Goods and Consumer Products Industry: Various plastic materials and packaging for toys, home appliances, shoes, golf balls, detergent refills, and pet food pouches.Household Goods and Consumer Products Industry: Various plastic materials and packaging for toys, home appliances, shoes, golf balls, detergent refills, and pet food pouches.
- Petrochemical Industry: Basic olefins like ethylene and propylene, and downstream products such as synthetic resins and synthetic rubber.Petrochemical Industry: Basic olefins like ethylene and propylene, and downstream products such as synthetic resins and synthetic rubber.
- Energy Industry: Energy Storage System (ESS) batteries, power supply systems.Energy Industry: Energy Storage System (ESS) batteries, power supply systems.
- Medical and Pharmaceutical Industry: New drug development, bio-pharmaceuticals, growth hormone management solutions.Medical and Pharmaceutical Industry: New drug development, bio-pharmaceuticals, growth hormone management solutions.
- Major Markets
- South Korea, China, India, Vietnam, ThailandSouth Korea, China, India, Vietnam, Thailand
- Germany, UK, Across EuropeGermany, UK, Across Europe
- USA, CanadaUSA, Canada
- AustraliaAustralia
- Certifications/Patents
- ISO 14001:2015 (Environmental Management System) Certification: Obtained for multiple business sites, including the Yeosu Plant.ISO 14001:2015 (Environmental Management System) Certification: Obtained for multiple business sites, including the Yeosu Plant.
- ISO 45001 (Occupational Health and Safety Management System) Certification: Established EH&S management system.ISO 45001 (Occupational Health and Safety Management System) Certification: Established EH&S management system.
- KOSHA-MS (Occupational Health and Safety Management System) Certification: Established EH&S management system.KOSHA-MS (Occupational Health and Safety Management System) Certification: Established EH&S management system.
- ISO 37301 (Compliance Management System) Certification: Obtained from Lloyd's Register's Quality Assurance (LRQA) in September 2023.ISO 37301 (Compliance Management System) Certification: Obtained from Lloyd's Register's Quality Assurance (LRQA) in September 2023.
- ISO 37001 (Anti-bribery Management System) Certification: Obtained from Lloyd's Register's Quality Assurance (LRQA) in September 2023.ISO 37001 (Anti-bribery Management System) Certification: Obtained from Lloyd's Register's Quality Assurance (LRQA) in September 2023.
- Zero Waste to Landfill (ZWTL) Certification: First in Korea's petrochemical industry in 2022, with 6 global business sites including Tianjin and Yeosu certified.Zero Waste to Landfill (ZWTL) Certification: First in Korea's petrochemical industry in 2022, with 6 global business sites including Tianjin and Yeosu certified.
- TUV Rheinland Product Carbon Footprint (PCF) Assessment Method Certification: First in Korea to obtain this certification.TUV Rheinland Product Carbon Footprint (PCF) Assessment Method Certification: First in Korea to obtain this certification.
- ISCC PLUS (International Sustainability & Carbon Certification) Certification: Over 50 bio-balanced products certified, applicable to products based on renewable plant-based raw materials like waste cooking oil.ISCC PLUS (International Sustainability & Carbon Certification) Certification: Over 50 bio-balanced products certified, applicable to products based on renewable plant-based raw materials like waste cooking oil.
- SGS ECCS Mark PFAS Assessed Certification: First in Korea for Butadiene Rubber products (meeting PFAS 232 types criteria).SGS ECCS Mark PFAS Assessed Certification: First in Korea for Butadiene Rubber products (meeting PFAS 232 types criteria).
- Patent Portfolio: Holds over 46,761 patents, with numerous key patents related to battery materials (cathode materials, separators) and OLED materials.Patent Portfolio: Holds over 46,761 patents, with numerous key patents related to battery materials (cathode materials, separators) and OLED materials.
Introduction
Location
LG twin tower, 128 Yeoui-daero, Yeongdeungpo District, Seoul, South Korea
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