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LG Chem bets 15 trillion won on AI pivot

Korea's largest chemical company will invest in research and development (R&D) to expand into AI-driven semiconductor, mobility, robotics and cancer drug businesses as it seeks stronger margins by 2030.

2026.6.23

A warehouse at a plastic film plant in Ansan is partially empty on March 24, amid supply disruptions caused by the war in the Middle East. [YONHAP]

LG Chem secures 27,000 tons of Russian naphtha

LG Chem, Korea's leading chemical company, has secured 27,000 tons of naphtha from Russia amid a potential supply shortage caused by the war in the Middle East, the Industry Ministry and business sources said Monday.

2026.3.30

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LG Chem files court injunction against Chinese firm for patent infringement

LG Chem has filed for a court injunction against the Korean arm of China's Ronbay Technology, the latest step in their patent dispute that began in 2024, industry sources said Tuesday.

2026.2.3

This photo provided by LG Chem shows its new CEO, Kim Dong-chun. [YONHAP]

LG Chem plans to sell LG Energy Solution stake for shareholder returns

Korea's LG Chem said on Friday that it plans to lower its stake in its subsidiary LG Energy Solution from around 80 to 70 percent in a bid to improve long-term finance and boost shareholder returns, according to a company filing.

2025.11.28

Employees at LG Chem’s Yeosu plant in South Jeolla assess smart factory technologies. [LG CHEM]

LG Chem taps AI for efficiency, optimization at plants, offices

LG Chem is pursuing an AI transformation (AX) across its entire business, from manufacturing areas such as quality prediction and process optimization to nonmanufacturing areas including contract review and currency forecasting.

2025.10.29

A panoramic view of LG Chem's cathode materials plant in Gumi, North Gyeongsang [LG CHEM]

LG Chem cathode material plant becomes IRA compliant after Toyota Tsusho acquires 25% stake

LG Chem announced Tuesday that Toyota Tsusho, part of Japan’s Toyota Group, has acquired a 25 percent stake in its Gumi cathode material plant, becoming the second-largest shareholder.

2025.9.9

LG Chem factory in Yeosu on April 17, 2019 [YONHAP]

LG Chem, GS Caltex to consolidate naphtha cracking centers amid petrochemical industry woes

LG Chem, Korea’s largest petrochemical company, is pursuing a “naphtha alliance” with local refiner GS Caltex in what could become the first major restructuring move in the domestic petrochemical industry.

2025.9.3

A researcher from LG CHEM tests a product in a laboratory. [LG CHEM]

LG Chem broadens solutions portfolio for greener, sustainable future

LG Chem is building a diverse portfolio based on environmentally friendly future technologies, ranging from sustainable plastic to automotive components and metal-replacement exterior plastics.

2025.8.25

LG Chem's high-performance silver paste jointly developed with Japan's Noritake. [LG CHEM]

LG Chem, Japanese firm co-develop electronic component material

LG Chem, Korea's leading chemical firm, said Monday it has jointly developed a high-performance adhesive for automotive power semiconductors with Japan's Noritake.

2025.6.16

LG Chem sells water solutions unit for $1.02 billion to local equity firm

LG Chem, South Korea's leading chemical company, said Friday it has decided to sell its water solutions business unit to Glenwood Private Equity for 1.4 trillion won ($1.02 billion) as part of its business reorganization efforts.

2025.6.13