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
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lg chem ltd. - All News and Analysis
GM Volt battery plant in Brownstown Township will create jobs
Brownstown Township -- Production of battery packs for General Motors Co. electric vehicles will begin at a new facility here in the fourth quarter of 2010. More than 100 advanced technology jobs will be created, packaging the battery cells that will power the Chevrolet Volt and other electric vehicles in...
Breaking News: GM plans plug-in hybrid in midsize SUV
General Motors Co's product development chief says the company will introduce a plug-in rechargeable midsize crossover sport utility vehicle. General Motors Co's product development chief says the company will introduce a plug-in rechargeable midsize crossover sport utility vehicle in its Buick lineup in 2011. Tom Stephens, vice chairman of global...
GM unveils battery plan, may need more loans
DETROIT -- General Motors Corp., a wounded company living on cash borrowed from the government, didn't behave like one Monday as it unveiled ambitious plans to research and assemble lithium-ion batteries in Michigan and picked a Korean company to supply the cells to power the Chevrolet Volt electric car. ...
LG Chem, Ltd. and Universal Display Corporation Announce Collaboration to Accelerate Development of OLED Materials
Program to combine and optimize LG Chem's electron transport and hole injection materials with Universal Display's high-efficiency phosphorescent OLED materials and technology SEOUL, South Korea & EWING, N.J. -- LG Chem, Ltd. (KOSPI:051910) and Universal Display Corporation (NASDAQ:PANL) today announced that they have signed a non-exclusive joint development agreement...
LG's business results for 1Q 2006.(NEWSDESK: Record)(LG Chem Ltd.)(Brief article)
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. ...
PROCESS TECHNOLOGY
LG Chem Develops a New Production Process for TPAL LG Chem, Ltd. (Seoul, Korea; www.lgchemcom) has developed an environmentally friendly, economic way to mass-produce terephthalaldehyde TPAL, an organic synthesis intermediate for dyestuffs, pharmaceuticals, specialty polymers and electronic materials. At present, it is mostly used in fluorescent whitening agents. The existing...
LG Chem's 2005 financial results.(Brief Article)
On January 25th, 2006, LG Chem, Ltd. announced its 2005 financial results along with its sales forecast for 2006. Sales for 2005 increased by 4.2% from KRW7.13 trillion to KRW7.43 trillion. However, operating profit dropped by 19.4% from KRW523 billion to...
Cleaner process for terephthalaldehyde.(ENVIRONMENTAL ISSUES)
LG Chem Ltd, Korea, has developed an environmentally compatible process for the mass-production of terephthalaldehyde TPAL, an organic synthesis intermediate for polymers and other materials. The standard TPAL production process involves chlorination of para-xylene and hydrolysis of the chlorinated xylene. The process is ...
LG Chem appoints new President & CEO.(NEWSDESK: Action)(chief executive officer)(LG Daesan Petrochemicals Ltd.)(Brief Article)
On December 20th, 2005, LG Chem, Ltd. announced that it appointed Kim, Bahn Suk as President & CEO. Kim, Bahn Suk is currently the CEO of LG Daesan Petrochemicals Ltd. and he will be replacing the existing LG Chem, Ltd., President & CEO, Ki Ho No as...
Compact Power Appoints Patil as CEO
The board of directors of Compact Power, Inc. CPI has named Dr. Prabhakar Patil chief executive officer. CPI is a subsidiary of LG Chem Ltd., Korea's largest lithium-ion battery manufacturer. "Dr. Patil's technical expertise and industry experience are of great benefit to LG Chem as we expand our hybrid electric...
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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