We are advancing the future with specialty materials, the culmination of our groundbreaking technologies.
With a focus on the market and customers, our specialty material products are increasingly advancing their competitive edge.
LG Chem is expeditious in our development of top quality materials for rechargeable batteries, the IT industry, and the automotive industry that are instrumental in the e-Mobility and sustainability trends. We are also focusing on capacity building to provide differentiated value to customers.

Sales

Advanced Materials Sales Graph Business Areas LG Chem Advanced Materials Sales Graph Business Areas LG Chem
Sales :2022 ,2023 ,2024
2022 8
2023 7.4
2024 6.4

Unit : KRW trillion

Division

Future Growth Engine

  • New mobility High-efficiency cathode materials for rechargeable batteries in electric vehicles and IT devices Interior, exterior, and parts materials for lightweight automobiles
  • Next-generation display Advanced materials for OLED TV and foldable smartphones
  • Sustainability Post-consumer recycled(PCR) plastics Bio-based materials

VISION

Towards World's Top Comprehensive Battery Materials Company

  • Global Top Tier
    Cathode Materials
  • Strengthen metal competitiveness through owning mines and strategic cooperation with smelting and refining companies
  • Develop leadership in high capacity and cost-innovative technology
  • Expand business sites worldwide
  • Global Top Tier
    Cathode Materials
    :2022 ,2028
    2022 100K tons
    2028 470K tons
  • Capacity building
    of separator business
  • Development of next-generation high-safety separators
  • Expand a global production base in Poland (2021) and Hungary (2022)
  • Upgrading the battery
    Materials portfolio
  • Expanding business in higher value-added battery materials
  • Increased investment
    in R&D
  • Differentiate technology and gain market leadership
  • Increased investment
    in R&D
    :2023 ,2028
    2023 110B
    2028 X 2

Major industries