LG Chem Ltd. - Strategy And SWOT Report

LG Chem Ltd. – Research report and profile is a comprehensive database collection. The report comprises of the company’s structure & operations, SWOT analysis, firm’s products & services, and its corporate actions. Therefore, 360° analysis of the company is provided.

Features:

• Detailed information on LG Chem required for business and competitor intelligence needs

• In-depth study of the factors influencing LG Chem as SWOT Analysis

• Detailed analysis of LG Chem’s business model comprising breakdowns and examinations of the key business segment

• Track on LG Chem’s strategic business development

• News and press releases about LG Chem, such as business expansion, restructuring, and contract wins

• Easy to understand statistical charts & graphs showing key trends and data

Highlights:

LG Chem Ltd., commonly referred to as LG Chem was founded in January 1947 is headquartered at Seoul, South Korea. It was originally established as Lucky Chemical Industrial Corporation. LG Chem is the largest Korean chemical company. It has four main business areas: basic materials & chemicals, information technology & electronic materials, advanced materials and energy solutions. It is the 13th largest chemical company in the world by sales in 2014. Globally, it has 16 manufacturing plants, 9 marketing subsidiaries, 5 representation offices and 2 R & D centres.

Basic materials & chemicals is the core business of LG Chem. LG Chem is one of the largest producers of ABS & PVC along with synthetic resins, synthetic rubber, and specialty polymers. In IT, it is the first company in the world which started commercializing LCD polarizers and is today the market leader in polarizer and 3D FPR market. LG Chem’s next area of growth is advanced materials e.g. OLED displays and anode materials for batteries. In the energy sector, it is the market leader in lithium-ion battery market. Globally, it is No. 1 in automotive and ESS battery market.

In 2014, LG Chem had consolidated revenue of KRW 22,578 Bn, net income of KRW 854 Bn with an operating profit of KRW 1311 Bn. Total assets were KRW 18,128 Bn. During 2014, company had a sales growth rate of -2.4%, operating profit growth rate of -24.8% and an EPS growth rate of -31.4%. In 2014, it got an A3 Credit rating from Moody’s and an A- from S&P.

LG Chem has many subsidiaries in Korea, China, Other Asia, Europe and USA. LG Chem is dedicated to create a sustainable future value in the community. It continues to make efforts to communicate with its stakeholders and become a company that grows together with society. It uses all its resources to manufacture products and run the operational facilities in a sustainable manner to create a better world to live in.

Its main competitors are Mitsubishi Chemical Corporation., Sumitomo Chemical Company Ltd. and OCI Company Ltd.

Recently, 3M and LG Chem have reached an agreement that allows LG Chem to make batteries sold in the US as well in most global markets, including Korea, Taiwan, Japan, China and Europe. Big news for the company is that Nissan Motor Co. is considering using batteries made by LG Chem Ltd. in its future electric vehicles. In 2014, NanoH2O, manufacturer of the most efficient and cost-effective reverse osmosis (RO) membranes for seawater desalination has been acquired by LG Chem.

Reasons to Purchase:

• Gain understanding of LG Chem and the factors that influence its strategies

• Revised latest corporate news and strategic initiatives of the company

• Assess LG Chem as a potential collaborator and supplier

• Support sales activities by understanding your customers' businesses better

• Stay up to date on LG Chem’s business structure, strategy and prospects