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

Division

Production Capacity (As of 1Q 2025)

Unit : KTA
Production Capacity: (As of 1Q 2025), Ethylene
Ethylene
3,350
HDPE
530
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
280
ABS/SAN
2,350
Alcohol
125
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