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

Petrochemical Sales Graph Business Areas LG Chem Petrochemical Sales Graph Business Areas LG Chem
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 Business Areas LG Chem NCC/PO Division
PVC/Plasticizers Division Business Areas LG Chem PVC/Plasticizers Division
ABS Division Business Areas LG Chem ABS Division
Acrylates/SAP Division Business Areas LG Chem Acrylates/SAP Division
High Performance Materials Division Business Areas LG Chem High Performance Materials Division
Sustainability Division Business Areas LG Chem Sustainability Division
Catalyst Division Business Areas LG Chem Catalyst 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
  • 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 Business Areas LG Chem Automobiles
Home Appliances Business Areas LG Chem Home Appliances
Building Materials Business Areas LG Chem Building Materials
Paint Business Areas LG Chem 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
LG Chem to Showcase Innovative Solutions and Sustainability Strategies at Tire Technology Expo 2025 2025.02.28
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Video

선택됨 LG Chem Petrochemicals PR LG Chem Petrochemicals PR
선택됨 LG Chem Petrochemistry Automotive LG Chem Petrochemistry Automotive