LG Chem is a $21B globally diversified chemical company that operates via three main business units: Petrochemicals, IT & Electronic Materials, and Energy Solutions. The company manufactures a wide range of products, from petrochemical goods to high-value added plastics. With significant market share in consumer, automotive and stationary applications, LG Chem is the world’s leading developer and manufacturer of lithium-ion polymer batteries.
Headquartered in Seoul, South Korea, LG Chem serves customers in Europe and North America via regional sales and customer support organizations. The market for energy storage systems (ESS) is growing fast across all three market segments (utility-scale, commercial & industrial, and residential) driven by the challenges associated with increasing penetration of intermittent renewable generation resources. Independent project developers and utilities are now implementing plans to deploy ESS. Backed by its dominant position in lithium-ion batteries for automotive applications, LG Chem has the advanced technology, proven products, and commercial strengths required to establish a leading position in this growing market.
