Company Milestones
50s - 60s Emerging Chemical business
- Begins Korea's first plastic manufacturing business
- Produces Korea's first toothpaste
- Expands production of plastic related products to vinyl flooring and PVC pipes
- Extends household products to synthetic detergent and cosmetic & laundry soaps
- Goes public and placed stocks on the market
70s - 80s Growth in Technology and Expansion
- Established Korea's first private R&D centre
- Technological advances in polymer chemistry, specialty chemicals and genetic engineering
- Enters Engineering Plastics and Pharmaceutical sectors focusing on biotechnology
90s - 00s Innovation and Spin-off
- Discovers the world's first gemifloxacin quinolone antibiotics
- Begins mass production of Korea's first Lithium-Ion batteries
- Takes over Hyundai's PVC operation
- Establishes regional headquarters in China, America and Europe
- Launches new Corporate R&D Centre (CRD)
Corporate Spin-off (April 2003)
LG Chem detached from LG Chemical Ltd. in April 1, 2001 to unlock long-term shareholder
value and provide investors with investment opportunities in highly focused entities.
LG Chemical spun-off into LG Chem Investment (LGCI), LG Chem and LG Household
& Healthcare.
The Petrochemicals and Performance Polymers Business Units were combined on Jan
1, 2004.
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