About LG Chem
LG Chem is a company based in Seoul (South Korea) founded in 1947.. The company has 13,860 employees as of December 31, 2024. LG Chem has completed 4 acquisitions, including Aveo Oncology, Aveo Pharmaceutical and NanoH2O. LG Chem operates in a competitive market with competitors including Livguard, Exide, East Penn Manufacturing Co., UGOWORK and Trojan Battery, among others.
- Headquarter Seoul, South Korea
- Employees 13860 as on 31 Dec, 2024
- Stage Public
-
Sectors
Chemicals & MaterialsTransportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Lg Chem Ltd.
-
Annual Revenue
$33.17 B (USD)-11.46as on Dec 31, 2024
-
Net Profit
$-468.44 M (USD)-151.64as on Dec 31, 2024
-
EBITDA
$2.78 B (USD)-28.9as on Dec 31, 2024
-
Latest Funding Round
$1.56 B (USD), Debt – Conventional
Apr 09, 2019
-
Investors
Gates Foundation
& 1 more
-
Employee Count
13860
as on Dec 31, 2024
-
Investments & Acquisitions
Aveo Oncology
& 3 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of LG Chem
LG Chem is a publicly listed company on the KRX with ticker symbol 051910 in South Korea, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Unlock access to complete
Unlock access to complete
Funding Insights of LG Chem
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $1.6B
-
First Round
First Round
(07 Jun 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Debt – Conventional - LG Chem | Valuation |
investors |
|
| Mar, 2019 | Amount | Grant - LG Chem | Valuation |
investors |
|
| Jun, 2017 | Amount | Grant - LG Chem | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LG Chem
LG Chem has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Gates Foundation and European Investment Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Finance and advisory services for infrastructure projects are provided.
|
Founded Year | Domain | Location | |
|
Charitable foundation investments on poverty reduction and healthcare
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by LG Chem
LG Chem has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Aveo Oncology, Aveo Pharmaceutical and NanoH2O. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Drug manufacturing and marketing services are provided by Aveo Pharmaceutical.
|
2015 | ||||
|
Thin-film nanocomposite membranes for desalination and water treatment are developed.
|
2005 | ||||
|
Small molecule drugs for cancer treatment are developed.
|
2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - LG Chem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lg Chem Comparisons
Competitors of LG Chem
LG Chem operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Livguard, Exide, East Penn Manufacturing Co., UGOWORK and Trojan Battery, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automotive batteries and solar products are manufactured by Livguard.
|
|
| domain | founded_year | HQ Location |
Automotive power storage systems are manufactured and supplied worldwide.
|
|
| domain | founded_year | HQ Location |
Batteries and wiring products are manufactured for vehicles and industries.
|
|
| domain | founded_year | HQ Location |
Forklift batteries are manufactured by UGOWORK for industrial applications.
|
|
| domain | founded_year | HQ Location |
Deep-cycle lead-acid batteries are manufactured for diverse applications.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Lg Chem
Frequently Asked Questions about LG Chem
When was LG Chem founded?
LG Chem was founded in 1947 and raised its 1st funding round 70 years after it was founded.
Where is LG Chem located?
LG Chem is headquartered in Seoul, South Korea.
Who is the current CEO of LG Chem?
Park Jin Soo is the current CEO of LG Chem.
How many employees does LG Chem have?
As of Dec 31, 2024, the latest employee count at LG Chem is 13,860.
What is the annual revenue of LG Chem?
Annual revenue of LG Chem is $33.17B as on Dec 31, 2024.
What does LG Chem do?
LG Chem was founded in 1947 in Seoul, South Korea, and operates in the chemicals and materials sector. Batteries for electric vehicles are produced, along with components for energy solutions, IT and electronics materials, advanced materials, life sciences, and basic chemicals. Supplies are provided to OEMs such as Audi, Chevrolet, Volvo, Ford, and GM. Annual revenues of 41.81 billion and net profit of 1.39 billion were recorded in 2022.
Who are the top competitors of LG Chem?
LG Chem's top competitors include Amara Raja Group, Livguard and Leoch International Technology.
Is LG Chem publicly traded?
Yes, LG Chem is publicly traded on KRX under the ticker symbol 051910.
How many acquisitions has LG Chem made?
LG Chem has made 4 acquisitions, including Aveo Oncology, Aveo Pharmaceutical, and NanoH2O.
Who are LG Chem's investors?
LG Chem has 2 investors. Key investors include Gates Foundation, and European Investment Bank.
What is LG Chem's ticker symbol?
The ticker symbol of LG Chem is 051910 on KRX.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.