LG Chem Europe GmbH

LG Chem Europe GmbH, a subsidiary of South Korea’s LG Chem Ltd., is a global leader in chemical manufacturing and advanced materials. Specializing in lithium-ion battery technology for electric vehicles and energy storage, the company leverages innovations like NexulaTM and collaborates on sustainable projects, reinforcing its strong market position.

Company Location

Country:

Germany

City:

Frankfurt am Main

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Company Overview

LG Chem Europe GmbH is the European subsidiary of LG Chem Ltd., South Korea’s largest chemical corporation. Founded in 1947, the company serves as a strategic hub for expansion in European markets, focusing on petrochemicals, advanced materials, and life sciences. With over 18,750 employees worldwide and 61 locations, LG Chem reported sales of KRW 55.25 trillion and operating income of KRW 2.529 trillion, demonstrating strong financial stability.

Battery Technology

LG Chem specializes in lithium-ion battery technology, producing advanced cathode materials including high-capacity high-nickel and high-voltage mid-nickel formulations. Their expertise extends to anode binders with synthetic latex to improve adhesion and reduce resistance. The company also develops battery insulation materials (NexulaTM) and high-conductivity carbon nanotubes for enhanced performance, serving electric vehicles and grid-scale energy storage systems.

Products

LG Chem’s product portfolio includes advanced cathode materials (high-capacity high-nickel, high-voltage mid-nickel), synthetic latex anode binders, the RESU series residential energy storage systems, NexulaTM battery insulation material, and high-conductivity carbon nanotubes.

Recent Projects

2024: Launched Europe Innovation Center in Frankfurt with the Fraunhofer Institute and ETH Zurich; 2024: Partnered with Reifenhäuser for sustainable packaging solutions; 2025: Joined the Global Impact Coalition for environmental sustainability; Ongoing: Investing 6 trillion won in battery business development through 2025.

Investors

LG Chem Europe GmbH’s ownership is distributed as follows: LG Corp holds 33.3%, foreign investors own 42.1%, and institutions and individual investors account for 24.5%.

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