LGCHQ140 LG CHEM LTD

Nature of Business: Primarily a Manufacturing Company (Factory), also engaged in global sales and trading of its manufactured products.

Company Introduction:

LG CHEM LTD is a prominent global chemical company headquartered in Seoul, South Korea. Founded in 1947, it has evolved into one of the world's largest chemical enterprises, recognized for its comprehensive portfolio of products and advanced technological innovations. While "LGCHQ140" is likely an internal code, project identifier, or a specific facility reference within the company, the main entity is LG CHEM LTD. The company operates numerous state-of-the-art manufacturing facilities (factories) across the globe, dedicated to producing a diverse array of chemical materials and solutions.

Key Business Areas:

LG Chem's operations are segmented into several core divisions:

1. Petrochemicals: Manufacturing foundational raw materials like olefins, polyolefins, and PVC, which are critical for various industries including automotive and packaging.

2. Advanced Materials: Developing high-performance materials for IT and electronics, automotive components, and industrial uses, encompassing engineering plastics, display materials, and battery materials.

3. Life Sciences: Focusing on pharmaceutical products, biopharmaceuticals, and agricultural solutions, with an aim to enhance human health and well-being.

4. Battery Materials: A major supplier of essential materials for electric vehicle (EV) batteries and energy storage systems. Although LG Energy Solution was spun off from LG Chem, LG Chem remains a key strategic partner and supplier in this sector.

LG Chem is essentially a manufacturing giant with robust research and development capabilities, consistently driving innovation across various fields of chemical and material science. It is not exclusively a trading company; rather, it is a producer that also actively markets and distributes its manufactured goods worldwide.

LG Chem Ltd. (LGCHQ140) primarily manufactures and sells:

* Petrochemicals: Olefins, Polymers, Elastomers, PVC/Plasticizers, and Specialty Polymers.

* Advanced Materials: Engineering Materials, IT & Electronic Materials, and Battery Materials.

* Energy Solutions: Batteries for Electric Vehicles (EVs), Energy Storage Systems (ESS), and IT Devices.

* Life Sciences: Pharmaceuticals and Diagnostics.