LG Chem (051910) Corporate presentation summary

Group overview and history

• Originated in 1947, evolving from Goldstar Co. to a global conglomerate with 63 affiliates and 290 overseas corporations, employing approximately 270,000 people worldwide and generating KRW 202 trillion in annual revenue.

• LG Chem, established in 1947, has grown through acquisitions, spin-offs, and global expansion, with significant milestones in R&D, sustainability, and international presence.

Vision and sustainability strategy

• Aims to be a top global science company, connecting science to life for a better future, with a strong focus on sustainability and ESG competitiveness.

• Targets carbon-neutral growth by 2030 and net-zero by 2050, emphasizing renewable energy, eco-friendly products, and circular economy initiatives.

• LETZero brand embodies commitment to eliminating environmental harm and net carbon increases, offering recycled and bio-based materials.

Business segments and innovation

• Operates in three main areas: Petrochemicals, Advanced Materials, and Life Sciences, each with specialized products and global reach.

• Petrochemicals focus on high-value, sustainable materials, including bio-circular balanced and recycled products, with major investments in eco-friendly plants.

• Advanced Materials segment leads in battery, engineering, and electronics materials, supplying major global automotive and electronics companies.

• Life Sciences segment emphasizes innovative drug development, oncology leadership, and global expansion, highlighted by the acquisition of AVEO Oncology.