Milestone | Company Introduction | Company | LG Chem

2021

01

Concluded a distribution contract for the next-generation polio vaccine “Euopolio”

07

Launched the integrated green brand “LETZero”

08

Achieved 100% renewable energy for the entire value chain of battery materials in China

Invested KRW 2.6 trillion in high value-added eco-friendly materials in Seosan, Chungnam Province

09

Established a PLA (Poly Lactic Acid) plant with ADM in the U.S.

10

Expanded Yeosu 2nd Complex (NCC)

Established a separator joint venture in Hungary

11

Acquired LG Electronics’ separator business

2020

05

Announced the new vision,

“We connect science to life for a better future”

12

Launched a spin-off of Energy Solutions Company (LG Energy Solution)

2019

01

Completed Global Innovation Center in Boston, USA

04

Established VLBP, a joint venture with VinFast in Vietnam

Acquired DuPont’s soluble OLED material technologies

07

Became the first Korean chemical company to join the top 10 global chemical companies

11

Constructed Petrochemicals Tech Center in Osan

2018

09

Acquired Uniseal, a U.S. firm specializing in automotive adhesives

03

Acquired the sales approval for Eucept, Korea’s first antibody biosimilar

2017

10

Released Zemiro, treatment for dyslipidemia and Type-2 diabetes & dyslipidemia

07

Founded an automotive battery manufacturing subsidiary in Wroclaw, Poland

Completed the construction of diagnostic kits factory in Osong Plant

01

Merged with LG Life Sciences in the 70th anniversary of LG Chem’s foundation

2016

11

Acquired GSEM

10

Started the construction of vehicle battery plant in Poland

Won the international bid to supply the 5-in-1 combination vaccine Eupenta to UNICEF

02

Received WHO’s prequalification approval for Eupenta

01

Acquired Dongbu Farm Hannong

2015

12

Korea’s first diabetes drug Zemiglo approved in India and seven other foreign countries

10

Completed the construction of battery plant in Nanjing, China

Established Huanam(桦南) Tech Center in China

08

Constructed the reverse osmosis filter factory for water treatment in Cheongju Complex

06

Developed the world’s first hexagon battery

03

Expanded the polarizer plant (24 million m²) in China

2014

11

Expanded the NCC (150,000 tons of ethylene) factory in Yeosu Complex

07

Launched Synovian™, Korea’s first single-injection treatment for osteoarthritis

05

Acquired NanoH2O (water treatment filter manufacturer)

01

Constructed the expansion of SAP(80,000 tons) factory in Yeosu Complex

2013

10

Established High EVA(140,000 tons) and SSBR(60,000 tons) factories in Daesan

08

Expanded the polymer battery (10 million cells/month) plant in Nanjing, China

07

Began exporting hyaluronic acid filler Yvoire to China

2012

12

Exported new diabetes drug technologies to Sanofi, France

06

Expanded acrylic acid(160,000 tons) and SAP(80,000 tons) plant

Korea’s first diabetes treatment approved by KFDA

2011

12

Developed the first meningitis vaccine in Korea

07

Established a petrochemical joint venture in Kazakhstan

04

Expanded the NCC (150,000 tons of ethylene, 75,000 tons of propylene) factory in Daesan ComplexCompleted the construction of the first electric vehicle battery factory in Ochang Plant

03

Launched first Korean hyaluronic filler Yvoire Classic

2010

12

Exported diabetes treatment to Nebel Pharm (Turkey)FACTIVE

Eutropin awarded as Korea’s Top 100 Technologies

10

Became the 100% shareholder of LG Polycarbonate through the acquisition of the remaining 50% shares

07

Started the construction of vehicle battery plant in Michigan, USA

04

Expanded Yeosu NCC(ethylene 100,000 tons, propylene 40,000 tons, etc.)

01

Founded HL Green Power Co., LTD., a joint venture with Hyundai Mobis

Exported diabetes treatment to Double Crane Pharm (China)

2009

09

Started the construction of TFT-LCD glass plant in LG Paju Industrial Complex

Started the construction of vehicle battery plant in Ochang Techno Park

06

Completed an SBS manufacturing subsidiary in Tianjin, China

05

Industrial materials business divided (LG Hausys)

04

Domestically launched the pediatric growth hormone Eutropin Plus®

2008

09

Developed and produced the first elastomer, a high value-added resin, in South Korea

08

Acquired Kolon’s SAP business (high absorbent resin)

Concluded an MOU on development of electric car batteries with the Ministry of Knowledge and Economy and Hyundai Motor Company

03

Signed an agreement on the development of high-efficiency OLED with UDC in the U.S.

01

Candidate material for hepatitis treatment received Technology Award from Korean New Drug Award

2007

11

Merged with LG Petrochemicals Co., Ltd.

05

Hyruan Plus™ for degenerative arthritis earned European CE marking

04

Expanded Daesan NCC (260,000 tons of ethylene, 130,000 tons of propylene)

01

Sustained release-human growth hormone Declage™ approved by KFDA

2006

10

Expanded the polarizer plant in Ochang Plant (49 million m²)

06

Developed and commercialized Follitrope™, an ovulation-inducing drug

01

Merged with LG Daesan Petrochemicals Co., Ltd.

2005

11

Established a polarizer back-end subsidiary in Poland

10

Expanded the polarizer factory in Ochang Plant (26 million m²)

09

Commercialized HYRUAN Plus™ for degenerative arthritis

07

Expanded the acrylate factory in Yeosu Complex (95,000 M/T)

Established a sales subsidiary in Europe

06

Founded a joint R&D lab with Moscow State University

01

Established LG Daesan Petrochemicals Co., Ltd.

2004

11

Completed the construction of ABS plant in Guangzhou, China

10

Established LG Chem (China) Investment Co., Ltd.

07

Founded a sales subsidiary in Taiwan

06

Constructed an SBL manufacturing subsidiary in Ningbo, China

03

Completed the construction of Ochang Techno Park

02

Quinolone antibiotics FACTIVE® approved as a novel drug in Canada

IR52 Chang Young-sil Award of the Year (Presidential Prize) awarded to FACTIVE®

2003

08

Founded an IT & electronic materials subsidiary in Nanjing, China

07

Expanded the PVC plant in Tianjin, China (100,000 M/T)

06

Acquired Hyundai Petrochemicals through a consortium with Honam Petrochemicals

04

Quinolone antibiotics FACTIVE® approved as a novel drug by USFDA

2002

12

Registered patented technology for production of sustained-release human growth hormones from 22 European countries

Received permission to sell FACTIVE® tablets in Korea

10

Expanded the ABS plant in Ningbo, China (150,000 M/T)

08

Completed the construction of EP plant in Guangzhou, China

Launched LG Life Sciences (divided from LGCI)

04

Renewed Cheongju Complex, doubling the capacity of rechargeable batteries with an investment of KRW 100 billion

02

Expanded the polarizer factory in Cheongju Complex

2001

10

Expanded Tianjin PVC plant in China (90,000 M/T)

04

Divided the company into LGCI, LG Chem, LG Household & Healthcare

03

Established a battery R&D center in the U.S.

2000

11

Acquired Hyundai Petrochemicals’ PVC business

10

Expanded the Ningbo ABS plant in China (90,000 M/T)

07

Developed phosphor for PDP

1999

10

Completed the IT & electronic materials (lithium-ion batteries, optical materials, and MBL negatives) factory

Commercialized color filter photoresist for LCD panels

09

Founded the rechargeable battery, phosphor, and CCL factories in Cheongju Complex

02

Issued two million global depository receipts (first time for a listed company in South Korea)

1998

07

Completed the Ningbo ABS plant in China

1997

10

Selected as one of Asia’s top companies by Euromoney

04

Expanded the acrylate, EDC/CA, and VCM factories in Yeosu Complex

1996

11

Acquired India’s Hindustan Polymers Ltd.

1995

02

Renamed to LG Chem

1994

10

Established R&D Campus Daejeon

1993

04

Developed and commercialized the world’s first HCFC-resistant synthetic resin

1992

10

Completed the construction of PA factory in Yeosu Complex

1987

05

Completed the construction of acrylate factory in Naju Plant

1985

01

Completed the construction of PS factory in Yeosu Complex

1984

03

Acquired Korea General Chemicals’ Naju Plant

1982

09

Completed the expansion of PVC paste resin factory in Yeosu Complex

1979

10

Opened Lucky Central R&D Center in Daedeok

1978

08

Completed the plastic processing factory in Ulsan Plant

1976

09

Completed the PVC paste resin factory in Yeosu Complex

1974

02

Changed company name to Lucky Ltd.

1969

10

Listed on Korea Stock Exchange

1966

03

Established Korea’s first synthetic detergent factory in Anyang Plant

01

Renamed to Lucky Chemical Industries Co, Ltd

1962

08

Established Lucky Vinyl Co., Ltd.

1959

03

Established Lucky Oil and Fat Co., Ltd

1954

06

Completed Yeonji Plant in Busan (expanded synthetic resin processing facilities)

1951

11

Relocated to Bujeon-dong, Busanjin-gu, Busan (produced Korea’s first injection-molded synthetic resin products)

1947

01

Established Lucky Chemical Co., Ltd. (started manufacturing cosmetics)

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