LG Chem Ltd. (Korean: LG화학), often referred to as LG Chemical, is the largest Korean chemical company[1] and is headquartered in Seoul, South Korea. It was the 9th largest chemical company in the world by sales in 2021.[2] It was first established as the Lucky Chemical Industrial Corporation, which manufactured cosmetics. It is now solely a business-to-business company (consumer products division was spun off into LG Household & Health Care).
The company has eight factories in South Korea and a network of 29 business locations in 15 countries. This network includes a holding company in China, 14 overseas manufacturing subsidiaries, five marketing subsidiaries, seven representative offices, and two R&D centers.[citation needed] The Financial Times reported on April 2, 2017, that LG Chem would be expanding battery production in China. At the time, China accounted for one-third of the company's total sales.[3] In April 2019, LG Chem sued rival SK Innovation for allegedly stealing trade secrets for manufacturing electric vehicle batteries.[4]
^ abc"LG Chem Ltd". InsideView. Archived from the original on 11 September 2013. Retrieved 10 January 2015.
^Tullo, Alexander H. (24 July 2022). "C&EN's Global Top 50 chemical firms for 2022". Chemical & Engineering News. American Chemical Society. Retrieved 28 September 2023.
^Jung-a, Song (2 April 2017). "LG Chem holds faith in China despite battery of obstacles". Financial Times. Retrieved 3 April 2017.
^Lambert, Fred (30 April 2019). "LG Chem sues SK Innovation over allegedly stealing electric car battery trade secrets". Electrek.
LGChem Ltd. (Korean: LG화학), often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. It was...
subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LGChem, and LG Energy Solution in over 80 countries. LG Corporation was established...
alongside CATL, Panasonic, SK Innovation, and Samsung SDI. LGChem started a battery business after LG Group chairman Koo Bon-moo visited the United Kingdom...
division LGChem. It comprises four business units: home entertainment, mobile communications, home appliances & air solutions, and vehicle components. LG Electronics...
manufacturer LGChem sued SK Innovation with the U.S. International Trade Commission (ITC) for misappropriation of trade secrets by hiring former employees. LG Chem...
blaming lack of consumer demand. General Motors and LGChem Ltd. have a long-term supply agreement. LGChem Ltd. will provide GM with more than 500,000 tons...
Batteries". "LGChem to supply Volvo with electric vehicle batteries". Retrieved 10 December 2016. "A High-Performance PHEV Battery Pack" (PDF). "LGChem ESS Company...
from LGChem, with Spring Hill initially getting pouch-type Ultium cells from an LGChem plant in South Korea. This will be done until GM and LGChem expand...
Football Club in 1983, by the Lucky-Goldstar Group, and was later renamed as LG Cheetahs in 1990. Due to the K League decentralization policy in 1996, the...
supply of components. The batteries are supplied by a joint venture with LGChem. Two versions of the Klara are sold, featuring lead acid and lithium ion...
is a major supplier to global electric vehicle battery makers including LGChem, CATL, BYD, and Samsung SDI. Its other products include printing packages...
Tongxiang. On May 7, 2018, Huayou Cobalt signed a joint-venture agreement with LGChem, resulting in the establishment of Huajin New Energy Material (Quzhou)...
According to GM, these vehicles contained high voltage batteries produced at LGChem's Ochang plant that may pose a risk of fire "when charged to full, or very...
and, by 2019, supply agreements were signed with both Samsung SDI and LGChem.[needs update] Lucid supplied battery packs for the Gen2 Formula E race...
venture between Nissan Motor and NEC as well as LGChem of South Korea. Twizy is only supplied with LGChem modules. Batteries are assembled in Renault Valladolid...
Wall Street (16 March 1999). "LG Semicon Sale Is Seen Helping LG Electronics". The Wall Street Journal. "Hyundai And LG Semicon To Merge Chip Ops". EETimes...
violations and environmental concerns, LGChem subsequently audited Congo DongFang in accordance with OECD guidelines. LGChem, which also produces battery materials...
Electric motor 2x permanent magnet Power output 654 hp (488 kW) Battery LGChem 168 or 229 kWh lithium-ion, NMC cathode Range Standard battery pack 350 mi...
cylindrical cells made by A123Systems. By the end of October 2007 CPI (LGChem) delivered their finished battery pack prototypes, and A123 delivered theirs...
subsidiaries of LG Corp LGChem, Ltd. - Established in 1947 as Lak-Hui Chemical Industrial Corp., LGChem is the senior arm of the LG chaebol LG Electronics...
Global Information
KRW 51.865 trillion
(2022)[1]