About LG CHEM

Milestones

1940 - 1969

JAN. 1947 Established as Lucky Chemical Industrial Corporation (manufacturing of cosmetics begun)
  NOV. 1951 Moved to Bujeon-dong, Busanjin-gu, Busan, Korea (Produced Korea's first injection-molded products)
  JUN. 1954 Busan Yeonji Plant constructed (extension of synthetic resin processing facilities)
  MAR. 1959 Established Lucky Oil & Fat Manufacturing
  AUG. 1962 Established Lucky Vinyl Ltd.
  JAN. 1966 Renamed Lucky Chemical Industries Co., Ltd.
  MAR. 1966 Established Korea's first synthetic detergent plant in Anyang
  OCT. 1969 First listed on Korea Stock Exchange

1970 - 1979

FEB. 1974 Renamed Lucky Ltd.
  NOV. 1976 Commissioned Yeosu PVC paste resin plant
  AUG. 1978 Commissioned Ulsan FRP plant
  DEC. 1979 Lucky Central R&D Center opened in Daeduk

1980 - 1989

SEP. 1982 Expansion of Yeosu PVC paste resin plant completed
  MAR. 1984 Acquired Korea General Chemicals’ Naju octanol plant
  JAN. 1985 Commissioned Yeosu PS plant
  MAY. 1987 Commissioned Naju acrylate plant

1990 - 1999

MAY. 1990 Commissioned Yeosu VCM plant
  JUN. 1990 Commissioned Yeosu acrylate plant
  OCT. 1992 Commissioned Yeosu PA plant
  APR. 1993 Developed and marketed industry’s first HCFC-resistant synthetic resin
  OCT. 1993 Commissioned Yeosu IPA plant
  OCT. 1994 Completed Lucky Research Park
  FEB. 1995 Renamed LG Chem, Ltd.
  NOV. 1996 Acquired India's Hindustan Polymers Ltd.
  JAN. 1997 Commissioned Yeosu OXO plant
  APR. 1997 Completed expansion of Yeosu acrylate, EDC/CA, and VCM plants
  DEC. 1997 Named one of Asia’s top Companies by Euromoney
  JUL. 1998 Commissioned Ningbo ABS plant iN China
  JUL. 1998 Commissioned Yeosu NPG plant
  FEB. 1999 Two million global depository receipts issued (first time for a listed company in Korea)
  SEP. 1999 Commissioned Cheongju secondary battery, phosphor, and copper-clad laminate plants
  OCT. 1999 Commissioned IT & Electronic Materials (lithium-ion battery, optical materials, and MBL negatives) plant, commercialized color filter photoresists fof LCD panels

2000 - 2009

JUL. 2000 Developed Phosphor fof PDP
  OCT. 2000 Completed 90,000 mtpa expansion of Ningbo ABS plant
  NOV. 2000 Acquired Hyundai Petrochemical’s PVC business
  MAR. 2001 Founded battery developer Compact Power, Inc. in the U.S.
  APR. 2001 Demerged into three separate companies: LG Chem, LG Chem Investment, and LG Household & Health Care
  OCT. 2001 Completed 90,000 mtpa expansion of Tianjin PVC plant
  FEB. 2002 Completed Cheongju polarizer plant expansion
  APR. 2002 Completed expansion of Cheongju plant, doubling the capacity of secondary batteries with KRW 100 billion investment
  AUG. 2002 Commissioned Guangzhou EP compound plant
  DEC. 2002 Completed 150,000 mtpa expansion of Ningbo ABS plant
  JUN. 2003 Acquired Hyundai Petrochemicals through consortium with Honam Petrochemicals
  JUL. 2003 Completed 100,000 mtpa expansion of Tianjin PVC plant
  AUG. 2003 Established Nanjing IT & Electronic Materials
  JAN. 2004 Completed expansion of Ochang polarizer
  MAR. 2004 Completed Ochang Techno Park production complex
  JUN. 2004 Established Ningbo SBL joint venture
  JUL. 2004 Established marketing subsidiary LG Chem (Taiwan), Ltd.
  NOV. 2004 Commissioned Guangzhou ABS plant
  DEC. 2004 Established LG Chem (China) Investment Co., Ltd.
  JAN. 2005 Established LG Daesan Petrochemicals
  JUN. 2005 Established joint R&D lab with Moscow State University
  JUL. 2005 Established sales subsidiary LG Chem Europe GmbH
  OCT. 2005 Completed expansion of Yeosu acrylate facilities, raising capacity to 95,000 mtpa
  NOV. 2005 Established LG Chem Poland polarizer back-end subsidiary
  DEC. 2005 Completed expansion of Ochang polarizer(26 million mⓒ~)
  JAN. 2006 Merged with LG Daesan Petrochemicals
  DEC. 2006 Completed expansion of Ochang polarizer(49 million mⓒ~)
  APR. 2007 Completed expansion of Daesan NCC, raising ethylene capacity to 260,000 mtpa and propylene ethylene capacity to 130,000 mtpa
  NOV. 2007 Merged with LG Petrochemical Co., Ltd.
  MAR. 2008 Signed an OLED high-efficiency development agreement with UDC
  AUG. 2008 Concluded an MOU tO develop car batteries with the Ministry of Knowledge and Economy and Hyundai Motor Company
  SEP. 2008 Acquired Kolon's SAP Business
  SEP. 2008 Developed and produced elastomer, Korea first high added-value resin
  APR. 2009 Industrial Materials Business (LG Housys) spun off
  MAY. 2009 Established Tianjin SBS manufacturing subsidiary
  JUN. 2009 Started construction of car battery plant in Ochang Techno Park
  SEP. 2009 Started construction of TFT-LCD Glass plant in LG Paju Industrial Complex

2010 -

JAN. 2010 Established joint venture with Hyundai Mobis Called HLGreen Power Co.,Ltd.)
  APR. 2010 Completed expansion of Yeosu NCC, raising ethylene capacity to 100,000 mtpa and propylene capacity to 40.000 mtpa
  JUL. 2010 Started construction of car battery plant in Michigan
  OCT. 2010 Became 100% sharehoder of LG Polycarbonate (throuh 50% acquisition of DOW Chemical shares)


1940 - 1969

JAN. 1947 Established as Lucky Chemical Industrial Corporation (manufacturing of cosmetics begun)
  NOV. 1951 Moved to Bujeon-dong, Busanjin-gu, Busan, Korea (Produced Korea's first injection-molded products)
  JUN. 1954 Busan Yeonji Plant constructed (extension of synthetic resin processing facilities)
  MAR. 1959 Established Lucky Oil & Fat Manufacturing
  AUG. 1962 Established Lucky Vinyl Ltd.
  JAN. 1966 Renamed Lucky Chemical Industries Co., Ltd.
  MAR. 1966 Established Korea's first synthetic detergent plant in Anyang
  OCT. 1969 First listed on Korea Stock Exchange

1970 - 1979

FEB. 1974 Renamed Lucky Ltd.
  NOV. 1976 Commissioned Yeosu PVC paste resin plant
  AUG. 1978 Commissioned Ulsan FRP plant
  DEC. 1979 Lucky Central R&D Center opened in Daeduk

1980 - 1989

SEP. 1982 Expansion of Yeosu PVC paste resin plant completed
  MAR. 1984 Acquired Korea General Chemicals’ Naju octanol plant
  JAN. 1985 Commissioned Yeosu PS plant
  MAY. 1987 Commissioned Naju acrylate plant


1990 - 1999

MAY. 1990 Commissioned Yeosu VCM plant
  JUN. 1990 Commissioned Yeosu acrylate plant
  OCT. 1992 Commissioned Yeosu PA plant
  APR. 1993 Developed and marketed industry’s first HCFC-resistant synthetic resin
  OCT. 1993 Commissioned Yeosu IPA plant
  OCT. 1994 Completed Lucky Research Park
  FEB. 1995 Renamed LG Chem, Ltd.
  NOV. 1996 Acquired India's Hindustan Polymers Ltd.
  JAN. 1997 Commissioned Yeosu OXO plant
  APR. 1997 Completed expansion of Yeosu acrylate, EDC/CA, and VCM plants
  DEC. 1997 Named one of Asia’s top Companies by Euromoney
  JUL. 1998 Commissioned Ningbo ABS plant iN China
  JUL. 1998 Commissioned Yeosu NPG plant
  FEB. 1999 Two million global depository receipts issued (first time for a listed company in Korea)
  SEP. 1999 Commissioned Cheongju secondary battery, phosphor, and copper-clad laminate plants
  OCT. 1999 Commissioned IT & Electronic Materials (lithium-ion battery, optical materials, and MBL negatives) plant, commercialized color filter photoresists fof LCD panels


2000 - 2009

JUL. 2000 Developed Phosphor fof PDP
  OCT. 2000 Completed 90,000 mtpa expansion of Ningbo ABS plant
  NOV. 2000 Acquired Hyundai Petrochemical’s PVC business
  MAR. 2001 Founded battery developer Compact Power, Inc. in the U.S.
  APR. 2001 Demerged into three separate companies: LG Chem, LG Chem Investment, and LG Household & Health Care
  OCT. 2001 Completed 90,000 mtpa expansion of Tianjin PVC plant
  FEB. 2002 Completed Cheongju polarizer plant expansion
  APR. 2002 Completed expansion of Cheongju plant, doubling the capacity of secondary batteries with KRW 100 billion investment
  AUG. 2002 Commissioned Guangzhou EP compound plant
  DEC. 2002 Completed 150,000 mtpa expansion of Ningbo ABS plant
  JUN. 2003 Acquired Hyundai Petrochemicals through consortium with Honam Petrochemicals
  JUL. 2003 Completed 100,000 mtpa expansion of Tianjin PVC plant
  AUG. 2003 Established Nanjing IT & Electronic Materials
  JAN. 2004 Completed expansion of Ochang polarizer
  MAR. 2004 Completed Ochang Techno Park production complex
  JUN. 2004 Established Ningbo SBL joint venture
  JUL. 2004 Established marketing subsidiary LG Chem (Taiwan), Ltd.
  NOV. 2004 Commissioned Guangzhou ABS plant
  DEC. 2004 Established LG Chem (China) Investment Co., Ltd.
  JAN. 2005 Established LG Daesan Petrochemicals
  JUN. 2005 Established joint R&D lab with Moscow State University
  JUL. 2005 Established sales subsidiary LG Chem Europe GmbH
  OCT. 2005 Completed expansion of Yeosu acrylate facilities, raising capacity to 95,000 mtpa
  NOV. 2005 Established LG Chem Poland polarizer back-end subsidiary
  DEC. 2005 Completed expansion of Ochang polarizer(26 million mⓒ~)
  JAN. 2006 Merged with LG Daesan Petrochemicals
  DEC. 2006 Completed expansion of Ochang polarizer(49 million mⓒ~)
  APR. 2007 Completed expansion of Daesan NCC, raising ethylene capacity to 260,000 mtpa and propylene ethylene capacity to 130,000 mtpa
  NOV. 2007 Merged with LG Petrochemical Co., Ltd.
  MAR. 2008 Signed an OLED high-efficiency development agreement with UDC
  AUG. 2008 Concluded an MOU tO develop car batteries with the Ministry of Knowledge and Economy and Hyundai Motor Company
  SEP. 2008 Acquired Kolon's SAP Business
  SEP. 2008 Developed and produced elastomer, Korea first high added-value resin
  APR. 2009 Industrial Materials Business (LG Housys) spun off
  MAY. 2009 Established Tianjin SBS manufacturing subsidiary
  JUN. 2009 Started construction of car battery plant in Ochang Techno Park
  SEP. 2009 Started construction of TFT-LCD Glass plant in LG Paju Industrial Complex


2010 -

JAN. 2010 Established joint venture with Hyundai Mobis Called HLGreen Power Co.,Ltd.)
  APR. 2010 Completed expansion of Yeosu NCC, raising ethylene capacity to 100,000 mtpa and propylene capacity to 40.000 mtpa
  JUL. 2010 Started construction of car battery plant in Michigan
  OCT. 2010 Became 100% sharehoder of LG Polycarbonate (throuh 50% acquisition of DOW Chemical shares)