Business Areas

LG Chem contributes to industrial development with a wide range of petrochemical products of the world's highest quality.

Petrochemicals is one of our leading business areas with world-class productivity and cost competitiveness, accomplished through a vertical integration system including basic raw materials such as ethylene and propylene and downstream products such as PE, ABS, and synthetic rubber.

In addition to basic material products, LG Chem is advancing our business around high-value-added products such as semiconductor-use IPA and high-performance SSBR, and strengthening our competitiveness in the global market by discovering promising future-oriented materials and developing sustainable products and solutions.

Sales

Sales :2022 ,2023 ,2024
2022	21.7
2023	17.8
2024	19.1

Unit : KRW trillion

2024 Established the HVO Joint Venture for eco-friendly fuel Established the North America CS Center in Ohio
2023 Started the construction of Korea's first supercritical pyrolysis plant and next-generation insulator plant Launched COMPOSTFUL™ of compostable brand Established the CS Center of Europe in Germany
2022 Launched Asia’s first plant-based eco-friendly
2021 Acquired Korea’s first *ISCC
for eco-friendly bio-balanced products*International Sustainability and Carbon Certification Launched digital CRM system "LG Chem On"
2019 Constructed Korea’s largest
petrochemical specialty tech center
(Osan CS Center)
2015 Established Huanan Tech Center
in Guangzhou, China
2010 Acquired Dow Chemical’s
polycarbonate division
2008 High value-added resin
Developed Elastomer, first in South Korea
2007 Merged with LG Petrochemical
2003 Acquired Hyundai Petrochemicals
1994 Entry into China market
Built a PVC resin Plantin Tianjin
1991 Basic raw material production
Completed Yeocheon NCC* NCC : Naphtha Cracking Center
1976 Entry into the petrochemical business
Completed the Yeocheon PVC Paste Resin Plant

Division

NCC/PO Division

PVC/Plasticizers Division

ABS Division

Acrylates/SAP Division

High Performance Materials Division

Go to the related products ▶

Production Capacity (As of 1Q 2025)

Unit : KTA

Production Capacity: (As of 1Q 2025), Ethylene
Ethylene	3,350	HDPE	550	Acrylic Acid	650
Propylene	1,980	LLDPE	600	IPA	265
BD	510	PP	380	NPG	175
BZ	900	LDPE/EVA	460	Synthetic Rubber	365
Binder	23	PVC	1,100	Specialty Resin	310
BPA	505	Plasticizer	175	POE	380
ABS/SAN	2,380	Alcohol	145	CNT	2.9
PS	40	PC	170	SAP	500
EPS	90	NAOH	1,000	NBL	555
Aerogel	200,000m²	Chemical Recycle	20

Sustainability Strategy

LG Chem is leading the sustainability sector with a focus on eco-friendly materials and recycling.

Bio Material
Acquired 58+ ISCC Plus-certified products
Mass-produced world's first bio-circular balanced SAP, launched Asia's first plant-based ABS
Stable sourcing of raw materials through internalization of bio-based material production and partnerships (NESTE)

Compostable
Stable quality and sourcing of raw materials through internalized production processes
Developed own simulation modeling technology for compostability
Obtained international compostability certifications and complies with food contact substance regulations

Recycling
(Establish circular economy of waste plastics)
Built a product portfolio of global brands (PCR)
Secured a stable pool of raw material supplies through a technology partnership on chemical recycling with MURA
Established a closed loop through strategic partnerships

Energy Transition
(Discover new renewable energy materials)
Produces higher value-added products for solar panels and lithium-ion batteries
Established an eco-friendly biomass power plant
Constructed CCU plants to produce blue hydrogen

Major Applications

Automobiles

Home Appliances

Building Materials

Paint

Press Releases

LG Chem to Showcase Eco-friendly Beauty Packaging Solutions at Cosmoprof Worldwide Bologna 2025 2025.03.14

LG Chem to Showcase Innovative Solutions and Sustainability Strategies at Tire Technology Expo 2025 2025.02.28

Video

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LG Chem Petrochemicals PR

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LG Chem Petrochemistry Automotive