Company Introduction Overview Vision CEO Milestones Business Areas IT & Electronic Materials Chemicals & Polymers Industrial Materials Global Network "Jeong-Do" Management "Jeong-Do" Management LG Code of Ethics Reporting Process &   Informant Protection Ethics Hotline Environmental   Management Sustainability Report Environment Energy Safety & Health Innovation Speed Management Research & Development Home > About LG Chem > Company Introduction > History  1940s - 1950s 1947.01 Established as Lucky Chemical Industrial Corporation 1951.11 Moved headquarters to Bujin-dong, Busan Produced Korea's first injection-molded products 1954.07 Commissioned first mass-production injection-molding plant (Busan Yeonji Plant) 1959.03 Founded Lucky Fats and Oils Industries Co. 1960s - 1970s 1961.07 Established as Lucky Chemical Industrial Corporation 1962.08 Moved headquarters to Bujin-dong, Busan Produced Korea's first injection-molded products 1966.01 Commissioned first mass-production injection-molding plant (Busan Yeonji Plant) 1969.10 Founded Lucky Fats and Oils Industries Co. 1974.02 Renamed as Lucky Ltd. 1976.11 Commissioned Yeocheon PVC paste resin production plant 1978.08 Commissioned Ulsan plastics processing plant 1979.12 Opened Lucky Central R&D Center in Daejeon 1980s - 1990s 1984.03 Established as Lucky Chemical Industrial Corporation 1985.01 Moved headquarters to Bujin-dong, Busan Produced Korea's first injection-molded products 1987.05 Commissioned first mass-production injection-molding plant (Busan Yeonji Plant) 1989.02 Founded Lucky Fats and Oils Industries Co. 1990.12 Founded joint venture firm Lucky MMA 1991.03 Founded overseas joint venture firm in PVC processing and DOP 1991.11 Merged Lucky Materials 1992.10 Commissioned Yeocheon PA plant 1993.04 World's first development and commercialization of HCFC resistant resin 1994.10 Completed Lucky Research Park in Daejeon 1995.02 Renamed LG Chemical Ltd. 1996.11 Acquired India's Hindustan Polymer Ltd. In India (LG Polymer India) 1997.12 Selected as one of the Asia's Best Companies by Euromoney 1998.05 Completed Tianjin LG-Dagu Chemical PVC plant in China Completed Tianjin LG New Building Materials flooring plant in China 1998.07 Commissioned Ningbo LG-Yogxing Chemical ABS plant in China 1999.02 Issued 2 million global depository receipts 1999.10 Completed production sites for information and electronic materials in Cheongju (lithium ion batteries, phosphor, and ccl) Commercialized color filter photoresists for LCD panels 2000s - 2000.07 Developed phosphor for PDP for the first time in Korea 2000.10 Completed 90,000 mtpa Ningbo LG-Yongxing Chemical ABS plant expansion in China 2000.11 Acquired Hyundai Petrochemical's PVC business 2001.03 Established U.S. based battery research center, Compact Power Inc. 2001.04 Demerged into three separate companies: LG Chem Investment, LG Chem and LG Household & Healthcare 2001.05 Spun off powder coatings business 2001.06 Developed Korea's first thermal conductive plastic 2001.08 Spun off dyestuff business 2001.10 Completed 90,000 mtpa Tiangjin LG-Dagu Chemical PVC plant expansion in China 2002.02 Completed Cheongju polarizer plant expansion 2002.04 Sold off epoxy business (to Bakelite of Germany) 2002.07 Started the operation of ERP system 2002.08 Commissioned Guangzhou EP compound plant Established LG Chemical Trading Co., Ltd. In Shangha 2002.12 Started construction of Ochang Techno Park, a complex for Information & Electronic Materials Completed 150,000 mtpa expansion of Ningbo LG-Yongxing Chemical ABS plant in China 2003.03 Completed Tianjin window profile and door plant in China Artificia marble business (HI MACS) launched in US market 2003.06 Consortium with Honam Petrochemical, partial absorption of Hyundai Petrochemical 2003.07 Completed construction of EP compound facility in Guangzhou, China 2003.08 Established LG Chem (Nanjing) Information & Electronic Materials Co., Ltd. in China 2003.11 Established LG Chem Industrial Materials, Inc. in the USA 2004.03 Completed Ochang Techno Park production complex for Information & Electronic Materials 2004.06 Established LG Yongxing Latex in Ningbo, China 2004.11 Commissioned Guangzhou ABS plant in China 2005.01 Established LG Chem (China) Investment Co., Ltd. In Beijing, China Completed business split of Hyundai Petrochemicals and established LG Daesan Petrochemicals 2005.06 Established joint R&D lab with Moscow State University 2005.07 Established sales subsidiary LG Chem Europe GmbH in Frankfurt, Germany 2005.10 Commissioned Hi-Macs solid acrylic surface plant in the USA 2006.01 Merged with LG Daesan Petrochemicals Corporate Brochure Annual Report Sustainable Growth Investor Relations Global Network

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