Producer

LG Chem Ltd.

HQ KR · Seoulwebsite ↗

South Korean chemical conglomerate (KRX: 051910, HQ Seoul); major producer of electronic-grade IPA for the semiconductor industry with strategic partnerships with major tech manufacturers. LG Chem supplies IPA to Asian semiconductor fabs and has significant presence in the Korean and broader Asian electronic chemicals market. Same company that is the world's #2 EV battery maker (LG Energy Solution is a spin-off) — LG Chem bridges the semiconductor chemicals market and the EV battery materials market. Also produces NMC cathode active materials for batteries, ABS resins, and engineering plastics.

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Inputs supplied

4

Goods downstream

2

Facilities

0

Stories

Where it shows up

Goods downstream

Essential goods that depend on something LG Chem Ltd. makes — pick one to see the full supply chain.

What else they do

Business segments

The company's full revenue map — where this supply-chain role fits within their broader business.

  • Petrochemicals

    40%
  • Advanced Materials

    30%
  • Life Sciences (Contract Pharma)

    15%
  • Energy Solutions (Battery Cathode)

    15%

Intelligence

What's known

Sourced claims about this company's role in supply chains — chokepoints, concentration, incidents, dual-use connections.

  • Did you know2024

    LG Chem (KRX: 051910) produces from the same Seoul-based chemical platform: (1) superabsorbent polymer (SAP) for baby diapers and adult incontinence products; (2) electronic-grade isopropyl alcohol (IPA) for cleaning semiconductor wafers at fabs; (3) NMC cathode active material for LG Energy Solution EV batteries (GM Ultium, Ford F-150 Lightning, VW); (4) solution-polymerized styrene-butadiene rubber (SSBR) for fuel-efficient automotive tires; and (5) reverse osmosis membranes for drinking water purification systems. A single Korean conglomerate — founded to make face cream — is simultaneously in the critical path of baby care, semiconductor manufacturing, electric vehicles, automotive rubber, and global clean water supply. No other chemical company of any nationality has an equivalent breadth across these five unrelated supply chains from a common industrial platform.

    LG Chem Ltd.
  • Origin2023

    LG Chem Ltd. was founded in 1947 in Seoul by Koo In-Hwoi — and the first product was Lucky Beauty Cream, a face cream. Koo had identified that Korean consumers needed basic personal care products in the postwar era and created Lucky Chemical Industrial Corporation to manufacture cosmetics and soap. The company's early success with Lucky detergent and personal care products funded investment in plastics manufacturing (ABS, PVC) in the 1960s-70s. From plastics, LG Chem expanded into petrochemicals, industrial chemicals, and eventually the battery and electronic materials businesses that define it today. The LG (Lucky-Goldstar) conglomerate's expansion from a face cream startup into Korea's largest chemical/electronics group — through 77 years of continuous diversification — is one of the defining stories of Korean industrial development.

    LG Chem Ltd.