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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.
LG Chem's battery business officially became a separate company and changed its name to LG Energy Solution Ltd. in December 2020. [4] It subsequently undertook an IPO process to secure funds in order to increase its battery production capacity and debuted on the Korea Exchange in January 2022.
By Heekyong Yang. SEOUL (Reuters) -South Korea's LG Chem Ltd has entered a partnership with China's Huayou Group's subsidiary Youshan, it said on Sunday, to build a joint electric vehicle (EV ...
LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi. [4] In 1952, Lak Hui (락희) (pronounced "Lucky"; now LG Chem) became the first South Korean company to enter the plastics industry. As the company expanded its plastics business, it established GoldStar Co. Ltd. (now LG Electronics Inc.) in 1958. Both ...
LG Electronics is a part of LG Corporation, the fourth largest chaebol in South Korea, and often considered as the pinnacle of LG Corp with the group's chemical and battery division LG Chem. It comprises four business units: home entertainment, mobility, home appliances & air solutions, and business solutions.
Location of South Korea. South Korea is a sovereign state in East Asia, constituting the southern part of the Korean Peninsula. [1] Highly urbanized at 92%, [2] South Koreans lead a distinctive urban lifestyle; half of them live in high-rises [3] concentrated in the Seoul Capital Area with 25 million residents [4] and the world's sixth-leading global city [5] with the fourth-largest economy [6 ...
LS Group is a South Korean chaebol (conglomerate) mostly in electrics, electricity, materials and energy sectors. [2] It is composed of LS Corp. (see below), E1 (LPG), and YESCO (LNG).
Hanwha Group (Korean: 한화그룹; Hanja: 韓火그룹; RR: Hanhwa Geurup) is a large business conglomerate in South Korea. [2] Founded in 1952 as Korea Explosives Co. (한국화약주식회사; 韓國火藥株式會社), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives—their original business—to energy, materials ...