LG Chem Europe GmbH operates as a subsidiary of LG Chem Ltd., South Korea’s largest chemical corporation. Founded in 1947, LG Chem has established itself as a global leader in chemical manufacturing and advanced materials. The European division serves as a strategic hub for the company’s expansion in European markets, focusing on petrochemicals, advanced materials, and life sciences. With over 18,750 employees worldwide and 61 business locations across the globe, LG Chem demonstrates substantial international reach. The company reported sales of KRW 55.25 trillion and operating income of KRW 2.529 trillion, reflecting its strong market position and financial stability.
Battery Technology
LG Chem’s battery technology portfolio centers on lithium-ion batteries and associated components. The company specializes in producing advanced cathode materials, which are essential for electric vehicle batteries and energy storage systems. Their manufacturing capabilities include high-capacity high-nickel and high-voltage mid-nickel cathode materials, designed to enhance battery performance and longevity.
The company’s technical expertise extends to specialized components such as anode binders, featuring synthetic latex that improves adhesion and reduces electrical resistance. Their battery solutions serve multiple applications, from electric vehicles to grid-scale energy storage systems. The RESU series, designed for residential energy storage, exemplifies their consumer-focused innovations.
A notable advancement is their NexulaTM technology, an advanced insulation material that prevents thermal issues in batteries. Additionally, LG Chem produces high-conductivity carbon nanotubes, which contribute to improved battery performance and conductivity.
Recent Projects
In October 2024, LG Chem launched its Europe Innovation Center in Frankfurt, Germany, focusing on next-generation eco-friendly technologies and battery materials research. The facility collaborates with European research institutions, including the Fraunhofer Institute and ETH Zurich.
The company initiated a partnership with Reifenhäuser in November 2024 to develop sustainable packaging solutions. In January 2025, LG Chem joined the Global Impact Coalition, strengthening its commitment to environmental sustainability. Their ongoing investment plan includes allocating 6 trillion won to battery business development through 2025.
Investors
LG Corp. maintains the largest ownership stake at 33.3% of ordinary shares. Foreign investors collectively hold 42.1% of total shares, while institutions and individual investors account for 24.5%. This ownership structure supports LG Chem’s global expansion and technological development initiatives while maintaining strong ties to its Korean heritage.
Business Details
Location: Frankfurt am Main, Germany
Website: https://lgchem.com
LinkedIn: https://www.linkedin.com/company/18151273
