Yonhap Infomax News6d ago
South Korea's Fair Trade Commission raids LG Chem, Hanwha Solutions, OCI, and Aekyung Chemical over suspected price-fixing collusion in PVC and plasticizer markets following Middle East conflict, as antitrust regulator investigates potential coordinated price increases among major petrochemical manufacturers.
#YonhapInfomax #FairTradeCommission #LGChem #PriceFixing #PVC #Plasticizers #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120533
South Korea's Antitrust Regulator Raids Four Petrochemical Firms Over Suspected Price-Fixing

South Korea's Fair Trade Commission raids LG Chem, Hanwha Solutions, OCI, and Aekyung Chemical over suspected price-fixing collusion in PVC and plasticizer markets following Middle East conflict, as antitrust regulator investigates potential coordinated price increases among major petrochemical manufacturers.

Yonhap Infomax
General Strike NowApr 17

... general strike starting May 21, management has taken preemptive action ... - Key Summary: After Samsung Electronics' union announced a general strike ...

Strait of Hormuz blockade triggers naphtha supply crisis as Hanwha TotalEnergies, Lotte Chemical, and LG Chem declare force majeure, pushing packaging prices up 20-30% and shaking Korea's consumer goods supply chain.#naphthasupplycrisis #Koreapetrochemicals #HanwhaTotalEnergiesforcemajeure #LotteChemical #LGChem #StraitofHormuzblockade #paraxyleneshortage #SamsungElectronicsstrike #ChinaAIchipself-sufficiency #NationalGrowthFund
Naphtha Supply Crisis Shakes Korea's Petrochemical and Consumer Goods Chain

Naphtha Supply Crisis Shakes Korea's Petrochemical and Consumer Goods Chain

Strait of Hormuz blockade triggers naphtha supply crisis as Hanwha TotalEnergies, Lotte Chemical, and LG Chem declare force majeure, pushing packaging prices up 20-30% and shaking Korea's consumer goods supply chain.

Seoul Economic Daily
Yonhap Infomax NewsApr 14
Korea Investors Service warns of expanding credit pressure on LG Chem as profitability deteriorates across major business segments, raising possibility of outlook downgrade to 'negative' to match other rating agencies' assessments amid first-ever annual operating loss and continued financial burden.
#YonhapInfomax #LGChem #KoreaInvestorsService #CreditRating #OperatingLoss #LGEnergySolution #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=115429
Yonhap Infomax NewsApr 9
LG Chem resumes sale of its BPA business unit valued at up to $1.7 billion after nine-month hiatus, with Kukdo Chemical conducting due diligence though financial constraints may lead to joint venture structure instead of outright acquisition
#YonhapInfomax #LGChem #KukdoChemical #BPABusinessUnit #JointVenture #PetrochemicalDivestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=114542
Kukdo Chemical Conducts Due Diligence on LG Chem's $1.7 Billion BPA Unit - Can the Minnow Swallow the Whale?

LG Chem resumes sale of its BPA business unit valued at up to $1.7 billion after nine-month hiatus, with Kukdo Chemical conducting due diligence though financial constraints may lead to joint venture structure instead of outright acquisition

Yonhap Infomax
Yonhap Infomax NewsApr 8
LG Chem explores sale of its bisphenol A business holding 42.5% domestic market share as Kukdo Chemical conducts due diligence on Daesan facilities, part of broader portfolio restructuring amid prolonged weakness in petrochemicals and battery segments
#YonhapInfomax #LGChem #BisphenolA #KukdoChemical #BusinessDivestment #FinancialRestructuring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=114392
LG Chem Considers Sale of Bisphenol A Business as Kukdo Chemical Conducts Due Diligence

LG Chem explores sale of its bisphenol A business holding 42.5% domestic market share as Kukdo Chemical conducts due diligence on Daesan facilities, part of broader portfolio restructuring amid prolonged weakness in petrochemicals and battery segments

Yonhap Infomax
Yonhap Infomax NewsMar 30
LG Chem announces plan to double electronic materials revenue to KRW 2 trillion by 2030, accelerating transformation from petrochemicals to advanced materials amid semiconductor, automotive electronics, and display market growth driven by AI infrastructure expansion
#YonhapInfomax #LGChem #ElectronicMaterials #BusinessTransformation #SemiconductorMaterials #AutomotiveElectronics #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112653
LG Chem Targets KRW 2 Trillion in Electronic Materials Sales by 2030 to Accelerate Business Transformation

LG Chem announces plan to double electronic materials revenue to KRW 2 trillion by 2030, accelerating transformation from petrochemicals to advanced materials amid semiconductor, automotive electronics, and display market growth driven by AI infrastructure expansion

Yonhap Infomax
Yonhap Infomax NewsMar 29
LG Energy Solution's stock rebounds despite overhang concerns from parent LG Chem's potential stake sale, with analysts citing attractive valuation at 90 trillion won market cap and strong ESS growth prospects driving triple revenue expansion expectations this year.
#YonhapInfomax #LGEnergySolution #OverhangConcerns #ESSMarket #MarketCapitalization #LGChem #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112633
LG Energy Solution Rises Despite Overhang Concerns - 'Attractive Valuation'

LG Energy Solution's stock rebounds despite overhang concerns from parent LG Chem's potential stake sale, with analysts citing attractive valuation at 90 trillion won market cap and strong ESS growth prospects driving triple revenue expansion expectations this year.

Yonhap Infomax
Italian News by RSSMar 28

Agenzia Nova: Business news: Lg Chem verso chiusura impianto di etilene per rincaro nafta

28 mar 20:00 - (Agenzia Nova) - La compagnia sudcoreana Lg Chem prevede di fermare a breve il suo secondo impianto di etilene nel complesso... (Git)

LG Chem planning to close ethylene plant due to rising naphtha prices.

Mar 28 20:00 - (Agenzia Nova) - The South Korean company LG Chem plans to temporarily halt its second ethylene plant within the complex…

#LGChem #AgenziaNova #SouthKorean #second

https://www.agenzianova.com/a/69c82acacf6769.54683450/7208564/2026-03-28/business-news-lg-chem-verso-chiusura-impianto-di-etilene-per-rincaro-nafta

Yonhap Infomax NewsMar 25
LG Chem halts Yeosu NCC Plant 2 operations due to Middle East crisis-driven naphtha supply disruptions, but losses may be limited as remaining facilities can increase operating rates while government prepares naphtha export restrictions to support domestic petrochemical industry supply stability.
#YonhapInfomax #LGChem #NaphtaCrackingCenter #MiddleEastCrisis #NaphthaSupply #PetrochemicalIndustry #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111880
LG Chem Halts NCC, But Likely to Minimize Losses

LG Chem halts Yeosu NCC Plant 2 operations due to Middle East crisis-driven naphtha supply disruptions, but losses may be limited as remaining facilities can increase operating rates while government prepares naphtha export restrictions to support domestic petrochemical industry supply stability.

Yonhap Infomax
Yonhap Infomax NewsMar 16
Korea Zinc disposed of its entire 0.52% stake in LG Chem during the second half of last year, with the book value having plummeted to 77.7 billion won from the original 250 billion won acquisition cost in November 2022, while LG Chem maintains its 2% friendly stake in Korea Zinc valued at over 500 billion won.
#YonhapInfomax #KoreaZinc #LGChem #StakeSale #SecondaryBatteryMaterials #StrategicPartnership #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=110140