LG Chem Ltd., often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. According to Chemical and Engineering News, it was the 13th largest chemical company in the world by sales in 2014. It was first established as the Lucky Chemical Industrial Corporation, which manufactured cosmetics. It is now solely a business-to-business company.

The company has eight factories in South Korea and a network of 29 business locations in 15 countries.

This network includes a holding company in China, 14 overseas manufacturing subsidiaries, five marketing subsidiaries, seven representative offices, and two R&D centers. LG has three main business areas: Basic materials and chemicals, Information technology and electronics materials, Energy solutions

The company completed development and began mass production of Korea’s first lithium-ion batteries back in 1999. At the end of 2011, LG Chem was the world’s third-largest maker with an annual production capacity of 1,000 million cells. It is also a supplier of automotive battery for electric vehicles.

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