LG Chem

LG Chem is a manufacturer and supplier of petrochemicals, polyvinyl chloride resins and engineering plastics for industrial applications. Read more

Hak Cheol Shin's photo - CEO of LG Chem

CEO

Hak Cheol Shin

CEO Approval Rating

50/100

Founded:

1947

Status:

PublicSubsidiary of LG CorporationKorea Exchange051910

LG CHEM TOP COMPETITORS OR ALTERNATIVES

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BASF is LG Chem's biggest rival. BASF was founded in Ludwigshafen, Rhineland-Palatinate} in 1865. Like LG Chem, BASF also competes in the Specialty Chemicals sector. Compared to LG Chem, BASF generates $49.3B more revenue.

Dow Chemical is LG Chem's #2 rival. Dow Chemical's headquarters is in Midland, Michigan, and was founded in 1897. Like LG Chem, Dow Chemical also competes in the Specialty Chemicals space. Dow Chemical generates 147% of LG Chem's revenue.

SABIC is LG Chem's #3 competitor. SABIC was founded in 1976 in Riyadh, Riyadh. Like LG Chem, SABIC also works within the Specialty Chemicals sector. SABIC generates $3.5B more revenue than LG Chem.

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LG Chem Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$27.6B

LG Chem's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 25.4B. Over the last three quarters, LG Chem's revenue has grown by 66.8%. Specifically, in Q4 2020's revenue was $9.6B; in Q3 2020, it was $6.4B; in Q2 2020, it was $5.8B.

LG Chem Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Technical Assets for Soluble Organic Light-emitting Diodes, Dupont

Apr 2019

Source »
undisclosed
-
UniSeal, Inc.

Sep 2018

Source »
undisclosed
Uniseal is a supplier of adhesives and sealants for the automotive industry.
Dongbu Farm Hannong

Jan 2016

Source »
$429M
-

These are all the companies that LG Chem has acquired. LG Chem has acquired 3 companies and its latest acquisition was Technical Assets for Soluble Organic Light-emitting Diodes, Dupont in Apr 2019.

LG Chem Funding History

Since LG Chem was founded in 1947, it has participated in 1 round of funding. In total LG Chem has raised $12.6M. LG Chem's funding round was on Jun 2017 for a total of $12.6M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Grant
Jun 2017
$12.6M

Bill Gates Foundation

Since LG Chem was founded in 1947, it has participated in 1 round of funding. In total LG Chem has raised $12.6M. LG Chem's funding round was on Jun 2017 for a total of $12.6M

LG Chem Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Enevate is an energy management company that designs and develops container-based storage and electric grid systems for the renewable sector.
-
Oct 22, 2018
Corporate Round
-

These are all the companies that LG Chem has invested in. LG Chem has invested 3 companies and its latest investment was Technical Assets for Soluble Organic Light-emitting Diodes, Dupont in Apr 2019.

LG Chem News

May 18, 2021Evertiq

LG Chem invests in Chinese copper laminate company

In a move to strengthen its position in the value chain for batteries, LG Chem is investing KRW 40 bi... See more »
May 16, 2021The Korea Herald

LG Chem invests W40b into Chinese EV battery copper foil maker DeFu

LG Chem has purchased shares worth 40 billion won ($35.5 million) in Jiujiang DeFu Technology, a Chin... See more »
May 13, 2021Asian Venture Capital Journal

LG Chem to anchor IMM's Korea battery fund

IMM Private Equity's recently established credit unit has launched a KRW400 billion ($353 million) Ko... See more »
May 12, 2021DealStreetAsia

South Korea's LG Chem to invest $134m in new tech, ESG fund

LG Chem is investing 150 billion won ($134 million) in a new fund that will scout and incubate compan... See more »
May 11, 2021The Korea Herald

LG Chem to commit W150b to local PEF in green bet

South Korea's battery maker and petrochemical firm LG Chem said Tuesday it plans to commit 150 billio... See more »
May 4, 2021Charged EVs

LG Chem launches carbon nanotube plant in Korea

LG Chem has launched what it says is the largest carbon nanotube (CNT) plant in Korea. The company is... See more »
May 2, 2021The Korea Herald

LG Chem goes on hiring spree for advanced materials foray

LG Chem is set to fill hundreds of positions in its advanced materials division as it prepares for an... See more »

LG Chem Blogs

June 2, 2021LG Chem Blog

Why is LG Chem developing recycled plastics(PCR ABS)?

The post Why is LG Chem developing recycled plastics(PCR ABS)? appeared first on LG케미토피아.... See more »
May 29, 2021LG Chem Blog

#33 ! (Silver Streak, )

은색 줄, 은선, 반짝이, 가스 등으로 다양하게 불리는 실버 스트리크(Silver Streak) 플라스틱 사출 성형 시 발생할 수 있는 불량 요인에는 여러 가지가 있습니다. 그 중에... See more »
May 28, 2021LG Chem Blog

LG ! LG .

지구를 생각하는 LG화학의 움직임! 과거와 현재를 통해 LG화학의 지속가능제품 이야기를 소개합니다.The post 지구를 생각하는 LG화학의 움직임! 과거와 현재를 통해 LG화학의 ... See more »
May 24, 2021LG Chem Blog

LG ! .

환경안전은 기업 및 사업장에서 환경관리(폐수처리, 대기오염방지시설 운영, 물환경 보전법, 대기환경 보전법, 폐기물 관리법)과 산업안전(근로자의 안전, 각종 공정설비의 위험요인 발굴 ... See more »
May 20, 2021LG Chem Blog

Vol.097, 109 ''

지난 시간에는 희토류 중 가장 비싼 원소로 알려진 '루테튬(Lu, 원자번호 71번)'에 대해 소개해 드렸는데요. 이 시간에는 물리학자 리제 마이트너를 기리는 원소 '마이트너륨 (Mt... See more »
May 12, 2021LG Chem Blog

LG ?

The post LG화학과 지구의 지속가능성을 위해 일하는 친환경기술 연구 직무는 어떤 일을 할까? appeared first on LG케미토피아.... See more »
May 12, 2021LG Chem Blog

LG !

LG화학 공식 유튜브The post LG화학 지속가능성을 위해 일하는 친환경기술 연구 직무! appeared first on LG케미토피아.... See more »

LG Chem Press Releases

October 12, 2020PR Newswire

Battery Shortage Met by Solar + Storage Solution from LG Chem, SolarEdge

SEOUL, South Korea, Oct. 12, 2020 /PRNewswire/ -- LG Chem, Korea's leading manufacturer of advanced l... See more »
September 17, 2020Oil and Gas Press

Flying at the highest altitude with a lithium-sulfur battery

LG Chem has succeeded in flight testing of an unmanned vehicle at the highest altitude using the next... See more »
August 17, 2020econotimes

LG Chem garners 24.6% global market share to become largest EV battery supplier

South Korea's LG Chem edged China's CATL to become the largest electric vehicle (EV) battery supplier... See more »
June 10, 2020econotimes

LG Chem Dealing LCD Polarizer Unit to Chinese Firm for 1.3-T Won

LG Chem Ltd. will sell its liquid crystal display (LCD) polarizer business unit to Chinese firm Shang... See more »
February 29, 2020PRcom

Blanco Minerals Receives Further Cash Boost

Blanco Minerals Inc. can announce today that LG Chem Ltd. is injecting an additional USD $27 million ... See more »
December 10, 2019Accesswire

American Battery Metals Corporation Provides its Outlook on the Planned GM and LG Electric Vehicle Plant

INCLINE VILLAGE, NV / ACCESSWIRE / December 10, 2019 / American Battery Metals Corporation (OTCQB:ABM... See more »

LG Chem Videos

Social Media

LG Chem Headquarters

LG Twin Towers 128 Yeoui-daero

Yeongdeungpo-gu, Seoul Teugbyeolsi150-721

82-2-3773-0981

Driving Directions »

Trending Companies

LG Chem Summary

ABOUT

Overview

LG Chem is a manufacturer and supplier of petrochemicals, polyvinyl chloride resins and engineering plastics for industrial applications. LG Chem was founded in 1947. LG Chem's headquarters is located in Yeongdeungpo-gu, Seoul Teugbyeolsi, KR 150-721....

CEO

LG Chem's CEO, Hak Cheol Shin, currently has an approval rating of 50%. LG Chem's primary competitors are BASF, Dow Chemical & SABIC.

Website

lgchem.com

Frequently Asked Questions about LG Chem

  1. When was LG Chem founded?

    LG Chem was founded in 1947
  2. Who is LG Chem's CEO?

    LG Chem's CEO is Hak Cheol Shin
  3. How much revenue does LG Chem generate?

    LG Chem generates $27.6B in revenue
  4. How much funding does LG Chem have?

    LG Chem has historically raised $12.6M in funding
  5. Where is LG Chem's headquarters?

    LG Chem's headquarters is in Yeongdeungpo-gu Seoul Teugbyeolsi, KR
  1. How many employees does LG Chem have?

    LG Chem has 20,009 employees
  2. What sector does LG Chem operate in?

    LG Chem is in Specialty Chemicals
  3. Who are LG Chem's competitors?

    LG Chem's top competitors are BASF, Dow Chemical, SABIC
  4. Who has LG Chem invested in?

    LG Chem's has invested in companies such as Enevate