BNET Industries
Last Fiscal Year Sales:$6.9B
- Public
Dow Jones Description
LG puts all of its talents on display. LG Chem Ltd. (SEO: 051910), founded in 1947, is a Korean chemical company making petrochemical goods, plastics, flooring and automobile parts. It produces a variety of products, including rechargeable batteries and display materials, cosmetics, personal care products, petrochemicals, pharmaceuticals, and specialty chemicals. It also makes PVC and engineering plastics; window frames, and other construction-industry products. The company is based in Seoul, Korea, employs about 13,000 people and has revenue of $6.9 billion.
President & CEO
Bahn Suk KimNumber of Employees 13,000
Contact Information
LG Twin Tower 20 Youido Dung Yongdungpo Gu
Seoul
(82) 37771114
Peer Companies
NAICS Code All Other Miscellaneous Chemical Product and Preparation Manufacturing: 325998
Recent Events
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Li-ion Suppliers Try To Find The Right Chemistry With Car Buyers
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Is LG Chem building a $303M advanced battery plant in Holland, Michigan, clear across the...
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LG Chem to build battery plant in state
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UPDATE 1-SK Energy close to battery deal with Mitsubishi Fuso
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Battery advances led the charge for Volt
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LG Chem to spend 3 tln won on LCD glass plant
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UPDATE 1-Hyundai Mobis, LG Chem to set up battery JV
News & Analysis
Filter by
lg chem ltd. and lg electronics inc. - All News and Analysis
LG's business results for 1Q 2006.(NEWSDESK: Record)(LG Chem Ltd.)(Brief article)
- 2006-05-06
On April 18th, 2006, LG Chem, Ltd., the largest chemicals company in Korea, announced its 1Q financial results for 2006. The company made KRW2.13 trillion of sales, KRW 65.8 billion of operating profit, KRW96. 9 billion of recurring profit, and KRW66.8 billion of net profit. ...
350 000 t/a VCM starts construction in Tianjin.(vinyl chloride monomer production facility)(Brief Article)
- 2005-06-06
On May 23, the ground breaking ceremony for the VCM/EDC (vinyl chloride monomer/ethylene di-chloride) project was held in Lingang Industry Zone of Tanggu, Tianjin. With a total investment of US$300 million, occupying 5 hectares, adopting the advanced ethylene process, the new facilities will...
LG invests in VCM/EDC.(vinyl chloride monomer)(ethylene dichloride)(LG Corp., LG Dagu)(Brief Article)
- 2004-12-26
LG Chem, LG Petrochemical, LG Corp. LG Dagu and Tianjin Bohai Chemical Industry Corp. signed an agreement on investing in the project of 350 000 t/a vinyl chloride monomer VCM and 300 000 t/a ethylene dichloride EDC in Tianjin. The units will be in Tianjin Lingang ...
LG to establish China holding company; raise sales and investments.(LG Chem Limited.)(Brief Article)
- 2004-09-22
LG Chem says it plans to establish a holding company in China on January 1, 2005. The new company, LG Chem China Investment Co. Beijing, will have responsibility for "overall management of LG's business in China, such as business strategies, financials, human resources, and legal affairs,"...
LG Chem seeks top-three neopentyl glycol position.(Asia/Pacific)(LG Chemical Ltd.)
- 2004-07-21
LG Chem is expanding its neopentyl glycol NPG capacity, a move that the company says will enable it to overtake Mitsubishi Gas Chemical to become the third-biggest producer worldwide, and the leading maker of NPG in Asia. BASF and Eastman Chemical are the leading producers table....
LG establishes Taiwan unit.(business & finance news)(LG Chem Ltd.)(Brief Article)
- 2004-06-16
LG Chem says it will establish a marketing subsidiary in Taiwan, LG Chem Taiwan Taipei. Further details were not disclosed.
LG posts record profits.(business & finance news)(Brief Article)
- 2004-05-12
LG Chem says its first-quarter net profits leapt 49%, to a record won153 billion ($132 million), on sales up 17%, to won1.6 trillion. LG cites price increases in petrochemicals, recovering demand in industrial materials, and a "surge in sales" at its information and electronic materials business....
SOUTH KOREA: Construction plans for proposed $100,000,000 nylon plant, LG CHEM LTD. [South Korea] - Order #: 016704.
- 2004-01-01
PROJECT OVERVIEW: South Korea-based LG CHEM LTD. is currently involved in the production of acetals, PBT and PC. And, the company recently announced that it was planning to add nylons to its portfolio of engineering thermoplastics. The product slate is thus...
KOREA'S LG CHEM, LG ELECTRONICS TO MERGE EARLY NEXT YR.
- 2002-11-28
SEOUL, Nov 28 Asia Pulse - LG Group's two holding companies, LG Chem Investment LGCI and LG Electronics Investment Co. LGEI will be merged into a single holding company LG Corp. on March 1 next year. At separate board of directors meeting held Thursday, the two LG affiliates...
LG re-enters the race for Hyundai Petrochemical; SK considers bid. (Business & Finance News: Asia/Pacific).(LG Chem)(Brief Article)
- 2002-05-08
LG Chem says it has revived its interest in acquiring Hyundai Petrochemical, which is up for sale. SK Corp., meanwhile, says it is also considering a bid for Hyundai. Goldman Sachs Seoul recently completed a feasibility study on behalf of LG for the possible...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Bahn Suk Kim | President & CEO |
| Churl-Ho Yoo | President, Chemicals & Polymers |
| Jong-Kee Yeo | CTO & Vice President, Technology Strategy |
| Suk-Jeh Cho | CFO & Executive Vice President |
| Geun-Yeol Yug | Vice President, HR |
| Jin-Nyoung Yoo | Vice President, Res |
| Kyu-Sok Park | Vice President, Indus Matls |
| Soon-Yong Hong | Vice President, Info & Electronic Matls |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Ho-Soo Oh | Chairman |
| Chae-Chol Shin | Board of Directors |
| Ki-Ho No | Board of Directors |
| Kon-Sik Kim | Board of Directors |
| Sang Hyung Ahn | Board of Directors |
| Young-Moo Lee | Board of Directors |
| Yu-Sig Kang | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | President, Chemicals & Polymers | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | CTO & Vice President, Technology Strategy | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | CFO & Executive Vice President | Current |
| LG Chem Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Vice President, Res | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Vice President, Indus Matls | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Vice President, Info & Electronic Matls | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Board of Directors | Current |
| LG Chem Ltd. | President & CEO | Former |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| LG Chem Ltd. | Board of Directors | Current |
Executive News
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UPDATE 1-S.Korea LG Chem to invest 1.2 trln won in LCD glass
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S.Korea LG Chem considers Daesan cracker expansion
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S.Korea LG Chem considers Daesan cracker expansion
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