MIRA INFORM REPORT

 

 

Report No. :

307953

Report Date :

14.02.2015

 

IDENTIFICATION DETAILS

 

Name :

LG CHEM LTD.

 

 

Registered Office :

128, Yeoui-daero, Yeongdeungpo-gu, Seoul, 24th Fl., LG Twin Tower East Annex, Zip Code 150-721

 

 

Country :

South Korea

 

 

Financials (as on) :

30.06.2014

 

 

Date of Incorporation :

01.04.2001

 

 

Com. Reg. No.:

107-81-98139

 

 

Legal Form :

Listed Company

 

 

Line of Business :

l  Manufacturer of Basic Organic Petrochemicals, Performance Polymers, Industrial Materials, Information & Electronic Materials

l  Manufacturer of Synthetic Resin and Other Plastic Materials

 

Subject product ranges includes :

 

Information & Electronic Materials

l  Mobile Energy

l  Optical Materials

l  Electronic Materials

 

Chemicals & Polymers

l  NCC/Polyolefin

l  Rubbers/Specialty Polymers

l  PVC

l  ABS/EP

l  Acrylates/Plasticizers

 

Industrial Materials

l  Housing Solutions

l  Living Solutions

l  Automotive Solutions

 

 

No of Employees :

13,205

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

--

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

South Korea

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

SOUTH KOREA - ECONOMIC OVERVIEW

 

South Korea over the past four decades has demonstrated incredible growth and global integration to become a high-tech industrialized economy. In the 1960s, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion-dollar club of world economies, and is currently the world's 12th largest economy. Initially, a system of close government and business ties, including directed credit and import restrictions, made this success possible. The government promoted the import of raw materials and technology at the expense of consumer goods, and encouraged savings and investment over consumption. The Asian financial crisis of 1997-98 exposed longstanding weaknesses in South Korea's development model including high debt/equity ratios and massive short-term foreign borrowing. GDP plunged by 6.9% in 1998, and then recovered by 9% in 1999-2000. South Korea adopted numerous economic reforms following the crisis, including greater openness to foreign investment and imports. Growth moderated to about 4% annually between 2003 and 2007. South Korea's export focused economy was hit hard by the 2008 global economic downturn, but quickly rebounded in subsequent years, reaching 6.3% growth in 2010. The US-Korea Free Trade Agreement was ratified by both governments in 2011 and went into effect in March 2012. Throughout 2012 and 2013 the economy experienced sluggish growth because of market slowdowns in the United States, China, and the Eurozone. The administration in 2014 is likely to face the challenge of balancing heavy reliance on exports with developing domestic-oriented sectors, such as services. The South Korean economy's long term challenges include a rapidly aging population, inflexible labor market, dominance of large conglomerates (chaebols), and heavy reliance on exports, which comprise about half of GDP.

 

Source : CIA


Basic Information

 

Company Name

LG CHEM LTD.

Registered Address

128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea

Building

24th Fl., LG Twin Tower East Annex

Zip Code

150-721

Tel

+82-2-3773-5114

Fax

+82-2-3773-7933

E-mail

ir@lgchem.com

Website

www.lgchem.com

Trading Address

24th Fl., LG Twin Tower East Annex, 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea

(Old Address System : 24th Fl., LG Twin Tower East Annex, 20, Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea)

Tel

+82-2-3777-1114

Fax

+82-2-3773-7933

Other Address-Yeosu VCM Factory

763, Wolnae-dong, Yeosu-si, Jeonnam-do 555-260 Korea

Tel

+82-61-680-6400

Fax

 

Other Address-Yeosu SM Factory

1214-1, Jeokryang-dong, Yeosu-si, Jeonnam-do 555-270 Korea

Tel

+82-61-680-6201

Fax

 

Other Address-Okso Alcohol Factory

760 Jungheung-dong, Yeosu-si, Jeonnam-do 555-200 Korea

Tel

+82-61-680-6810

Fax

 

Other Address-Yeosu Acylate Factory

70-1, Hwachi-dong, Yeosu-si, Jeonnam-do 555-280 Korea

Tel

+82-61-680-1114

Fax

+82-61-680-6006

Other Address-Naju Factory

1, Songwol-dong, Naju-si, Jeonnam-do 520-130 Korea

Tel

+82-61-330-1114

Fax

+82-61-330-1350

Other Address-Daesan Factory

679-13, Daejuk-ri, Daesan-eup, Seosan-si, Chungnam-do 356-874 Korea

Tel

+82-41-660-7821

Fax

+82-41-660-7891

Other Address-Iksan Factory

599, Yongje-dong, Iksan-si, Jeonbuk-do 570-350 Korea

Tel

+82-63-830-1114

Fax

+82-63-830-4118

Other Address-Ochang Techno Park

8B Ochang Scientific Local Industrial Complex 1114-1 Namchon-ri, Oksan-myeon, Cheongwon-gun, Chungbuk-do 363-911 Korea

Tel

+82-41-660-7826

Fax

+82-41-660-7891

Type

Export/Import

  Main Business

l  Manufacturer of Basic Organic Petrochemicals, Performance Polymers, Industrial Materials, Information & Electronic Materials

l  Manufacturer of Synthetic Resin and Other Plastic Materials

 

Subject product ranges includes :

 

Information & Electronic Materials

l  Mobile Energy

l  Optical Materials

l  Electronic Materials

 

Chemicals & Polymers

l  NCC/Polyolefin

l  Rubbers/Specialty Polymers

l  PVC

l  ABS/EP

l  Acrylates/Plasticizers

 

Industrial Materials

l  Housing Solutions

l  Living Solutions

l  Automotive Solutions

Established (mm/dd/yyyy)

04/01/2001

 

The Subject owns the premises of registered factories in Yeosu, Daesan, Naju, Iksan and Ochang.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Photographic processing chemicals(45141500)

Sell

Resins(13111000)

Sell

Surface decorative materials

Sell

Circuit assemblies and radio frequency RF components(32101500)

Sell

Films(13111200)

Sell

Electrical boxes(39121303)

Sell

Rugs and mats(52101500)

Sell

Synthetic or imitation leather(11162307)

Sell

Wall finishing materials(30161500)

Sell

Heating equipment and parts and accessories(40101800)

Sell

Additives(12160000)

Sell

Flooring(30161700)

Sell

Restroom partitions(30181508)

Sell

Pipe(40142100)

Sell

Tiles and flagstones(30131700)

Sell

Doors(30171500)

Sell

Door frames(30171507)

Sell

Films(13111200)

Sell

Wallpapers(30161502)

Sell

Nickel hydrogen batteries(26111712)

Sell

Lithium batteries(26111711)

Sell

Transportation components and systems(25170000)

Sell

Polarizers(31242202)

Sell

Billboard advertising(82101501)

Sell

Molding(30161906)

Sell

Polystyrene PS(13102026)

Sell

Gaseous fuels(15111500)

Sell

Inorganic hydroxides(12352305)

Sell

Elastomers(13101700)

Sell

Toner(44103103)

Sell

Plasticizers(12162000)

Sell

Low Density Polyethylene LDPE(13102018)

Sell

Polybutylene Terepthalate PBT(13102012)

Sell

Chemicals including Bio Chemicals and Gas Materials(12000000)

Sell

Aromatic or heterocyclic compounds(12352005)

Sell

Acrylonitrile butadiene styrene ABS(13102001)

Sell

Thermoplastic plastics(13102000)

Sell

Polypropylene PP(13102022)

Sell

Styrene Acrylonitrile SAN(13102031)

Sell

Polyethylene (PE) Compound

Sell

Acrylate or methacrylate intermediates(12352130)

Sell

High Density Polyethylene HDPE(13102017)

Sell

Polyvinyl Chloride PVC(13102030)

 

 

CEO’s

 

Name

Park Jin-Soo

Date of Birth

03/1952

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

369,500,105,000

Employees

13,205

Formation

Listed Company (Korea Stock Exchange : 051910 ) as of 04/25/2001

A Company of LG Business Group

Bank Details

Woori Bank-Twin Tower Branch

Hana Bank

Corporate Registered No.

110111-2207995

Business Registered No.

107-81-98139

Permit & Licenses

KOSHA 2000

 

Int’l Trade No.: 11893323

Shareholder Position

Name

Shares

%

LG CORP.(110111-0003543)

22,219,326

30.07

NATIONAL PENSION SERVICE(110171-0007134)

5,769,047

7.81

CAPITAL GROUP INTERNATIONAL, INC.(CGII) 11100 SANTA MONICA BLVD., 15TH FLOOR LOS ANGELES, CA90025 USA

2,870,555

3.88

OTHERS

43,041,093

58.24

TOTAL

73,900,021

100.00

Company History

DEC 2013. Established High EVA(140,000 tons) and SSBR(60,000 tons) plant in Deasan

AUG 2013. Completed expansion of polymer battery(10,000,000cells/month) plant in Nanjing, China.

JUN 2012. Completed expansion of acrylic acid(160,000 tons) and SAP(80,000 tons) plant.

JUL 2011. Established a petrochemical joint venture in Kazakhstan

APR 2011. Completed expansion of Daesan NCC(ethylene 150,000 tons, propylene 75,000 tons, etc.)

APR 2011. Completed construction of Ochang plant 1 for electric vehicle batteries

APR 2011. Merged with LG Polycarbonate

OCT 2010. Became 100% shareholder of LG Polycarbonate (through acquisition of remaining 50% shares)

JUL 2010. Started construction of automotive battery plant in Michigan, USA

APR 2010. Completed expansion of Yeosu NCC (ethylene 100,000 tons, propylene 40,000 tons, etc.)

JAN 2010. Established HL Green Power Co., LTD., a joint venture with Hyundai Mobis

SEP 2009. Started construction of TFT-LCD glass plant in LG Paju Industrial Complex

JUN 2009. Started construction of car battery plant in Ochang Techno Park

MAY 2009. Established a SBS manufacturing subsidiary in Tianjin, China

APR 2009. Industrial Materials Business spun off (LG Housys)

SEP 2008. Developed and produced elastomer, a high value-added resin, first in South Korea

SEP 2008. Acquired Kolon’s SAP business (high absorbent resin)

AUG 2008. Concluded an MOU on development of electric car batteries with the Ministry of Knowledge and Economy and Hyundai Motor Company

MAR 2008. Signed an agreement on the development of high-efficiency OLED with UDC in the U.S.

NOV 2007. Merged with LG Petrochemicals Co., Ltd.

APR 2007. Completed expansion of Daesan NCC (ethylene 260,000 tons, propylene 130,000 tons, etc.)

DEC 2006. Completed expansion of Ochang polarizer plant (49 million m²)

JAN 2006. Merged with LG Daesan Petrochemicals Co., Ltd.

DEC 2005. Completed expansion of Ochang polarizer plant (26 million m²)

NOV 2005. Established a polarizer back-end subsidiary in Poland

JUL 2005. Completed expansion of Yeosu acrylate facilities (95,000 M/T)

JUL 2005. Established a marketing subsidiary in Europe

JUN 2005. Established a joint R&D lab with Moscow State University

JAN 2005. Established LG Daesan Petrochemicals Co., Ltd.

DEC 2004. Established LG Chem (China) Investment Co., Ltd.

NOV 2004. Completed construction of Guangzhou ABS plant, China

JUL 2004. Established a marketing subsidiary in Taiwan

JUN 2004. Established an SBL manufacturing subsidiary in Ningbo, China

MAR 2004. Completed construction of Ochang Techno Park

JUN 2003. Established an IT & electronic materials subsidiary in Nanjing, China

JUL 2003. Completed expansion of the PVC plant in Tianjin, China (100,000 M/T)

JUN 2003. Acquired Hyundai Petrochemicals through consortium with Honam Petrochemicals

DEC 2002. Completed expansion of the ABS plant in Ningbo, China (150,000 M/T)

AUG 2002. Completed construction of the EP plant in Guangzhou, China

AOR 2002. Completed expansion of the Cheongju plant, doubling the capacity of rechargeable batteries with KRW 100 billion investment

FEB 2002. Completed expansion of Cheongju polarizer plant

OCT 2001. Completed expansion of Tianjin PVC plant in China (90,000 M/T)

APR 2001. Split the company (LGCI, LG Chem, LG Household & Healthcare)

MAR 2001. Established a battery R&D center in the U.S.

NOV 2000. Acquired Hyundai Petrochemicals’ PVC business

OCT 2000. Completed expansion of Ningbo ABS plant in China (90,000 M/T)

JUL 2000. Developed phosphor for PDP

Company History

OCT 1999. Completed construction of IT & electronic materials (lithium-ion batteries, optical materials, and MBL negatives) plant

OCT 1999. Commercialized color filter photoresist for LCD panels

SEP 1999. Completed construction of Cheongju plant for rechargeable batteries, phophors and CCL

FEB 1999. Issued two million global depository receipts (first time for a listed company in South Korea)

JUL 1998. Completed construction of Ningbo ABS plant in China

DEC 1997. Euromoney named LG Chem one of Asia’s top companies

APR 1997. Completed expansion of Yeosu acrylate, EDC/CA, and VCM plants

NOV 1996. Acquired India’s Hindustan Polymers Ltd.

FEB 1995. Renamed to LG Chem, Ltd.

OCT 1994. Completed construction of Lucky Research Park

APR 1993. Developed and marketed industry’s first HCFC-resistant synthetic resin

OCT 1992. Completed construction of Yeosu PA plant

MAY 1987. Completed construction of Naju acrylate plant

APR 1985. Completed construction of Yeosu PS plant

MAR 1984. Acquired Korea General Chemicals’ Naju plant

SEP 1982. Completed expansion of Yeosu PVC paste resin plant

DEC 1979. Opened the Daedeok Central R&D Center

AUG 1978. Completed the Ulsan Plastic Processing Plant

NOV 1976. Completed the Yeosu PVC Paste Resin Plant

FEB 1974. Changed company name to Lucky Corporation

OCT 1969. Listed on Korea Stock Exchange

MAR 1966. Established Korea’s first synthetic detergent plant in Anyang

JAN 1966. Renamed to Lucky chemical Industries Co., Ltd.

AUG 1962. Established Lucky Vinyl Ltd.

JUN 1954. Constructed Busan Yeonji Plant (expanded synthetic resin processing facilities)

JAN 1947. Established as Lucky Chemical Industrial Corporation (manufacturing of cosmetics begun)

 

Detailed Information

 

Management

 

Job Description

Title

Name

Nationality

Date of Birth

Education

Advisor & Chairman

Mr.

Kim Bahn-Suk

Korean

1949.01.06

Seoul National University, Korea

President & CEO

Mr.

Park Jin-Soo

Korean

1952.03

Seoul National University, Korea

President & CEO

Mr.

Park Young-Ki

Korean

1955.03

Illinois Tech College, USA

President & CEO

Mr.

Kwon Young-Soo

Korean

1957.02

KAIST, Korea

President

Mr.

Cho Jun-Ho

Korean

1959.02

Chicago University, USA

Outside Director

Mr.

Nam Ki-Myung

Korean

1952.11.16

Chungnam National University, Korea

Outside Director

Mr.

Oh Seung-Mo

Korean

1954.01.25

Seoul National University, Korea

Outside Director

Mr.

Kim Se-Jin

Korean

1956.02.01

Yonsei University, Korea

Outside Director

Mr.

Park Il-Jin

Korean

1947.02.10

Korea University, Korea

Outside Director

Mr.

Kim Jang-Joo

Korean

1955.05

Stanford University, USA

Outside Director

Mr.

Kim Jin-Kon

Korean

1957.12

Polytechnic University, USA

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

(*)06/2014

10,121,288,000,000

15,719,659,000,000

473,248,000,000

(*)2013

20,255,935,000,000

15,387,176,000,000

1,174,392,000,000

(*)2012

20,442,790,000,000

14,784,787,000,000

1,440,317,000,000

(*)2011

19,809,874,000,000

13,419,017,000,000

2,028,321,000,000

(*)2010

16,850,454,000,000

11,014,609,000,000

1,970,993,000,000

(*)2009

13,694,516,000,000

9,434,738,000,000

1,384,472,000,000

2008

12,645,000,000,000

8,036,382,000,000

1,002,585,000,000

2007

10,795,320,000,000

7,049,952,000,000

686,205,000,000

2006

9,284,570,000,000

5,806,516,000,000

316,000,000,000

2005

7,425,104,000,000

5,593,399,000,000

400,258,000,000

2004

7,127,411,000,000

5,679,529,000,000

536,420,000,000

2003

5,672,465,760,496

4,761,747,857,666

362,108,459,312

(*)Figures are based on the K-IFRS Accounting System.

 

 

Financial Description

 

Authorized Capital(KRW)

1,460,000,000,000

Paid-Up Capital(KRW)

369,500,105,000

Total Issues Shares

73,900,021(Common : 66,271,100 / Preferable : 7,628,921)

 

 

Balance Sheet

 

Unit : Million Korean Won

01/01/2014~06/30/2014

As of 12/31/2013

As of 12/31/2012

Total Assets

15,719,659

15,387,176

14,784,787

Current Assets

6,876,754

6,689,921

6,289,234

Cash & Cash Equivalents

991,851

1,076,468

448,967

Trade Payables

2,975,516

2,776,773

2,703,963

Other Receivables

881,423

699,520

846,853

Current Financial Instruments

68

 

2,352

Other Current Assets

96,750

139,604

117,498

Inventories

1,925,507

1,997,556

2,169,601

Non-Current Assets to be Sold

5,639

 

 

Non-Current Assets

8,842,905

8,697,255

8,495,553

Other Long-Term Receivables

32,609

19,784

16,033

Non-Current Financial Instruments

5,846

5,846

21,696

Investment_Subsidiaries

940,472

762,738

788,285

Investment_Related Companies

409,080

367,145

325,875

Tangibles

7,172,982

7,273,111

7,100,621

Intangibles

267,640

252,561

223,360

Other Non-Current Assets

14,276

16,070

19,683

Total Liabilities

4,463,002

4,309,275

4,584,153

Current Liabilities

3,557,003

3,286,775

3,394,450

Trade Payables

1,038,725

924,340

1,193,446

Other Payables

897,284

989,400

940,086

Borrowings

1,362,881

1,132,555

1,012,874

Other Current Finance Debts

 

 

154

Current Portion of Provisions

4,073

2,239

1,840

Accrued Income Tax

149,102

113,934

120,682

Other Current Liabilities

104,938

124,307

125,368

Non-Current Liabilities

905,999

1,022,500

1,189,703

Long-Term Trade Payables & Other Payables

61,281

75,577

14,463

Borrowings

602,134

706,008

909,675

Non-Current Provision

20,453

17,402

11,240

Provision for Severance & Retirement

88,989

50,022

104,213

Deferred Income Tax Credit

133,142

173,491

150,112

Capital Stock

369,500

369,500

369,500

Capital Surplus

1,166,764

1,166,764

1,166,764

Others

-15,484

-15,484

-15,484

Installments

 

 

-117

Profit Surplus

9,735,877

9,557,121

8,679,971

Total Equity

11,256,657

11,077,901

10,200,634

Liab. & Shareholder’s Equity

15,719,659

15,387,176

14,784,787

 

 

Income Statement

 

Unit : Million Korean Won

01/01/2014~06/30/2014

As of 12/31/2013

As of 12/31/2012

Sales

10,121,288

20,255,935

20,442,790

Cost of Sold Goods

-8,766,997

-17,291,982

-17,482,874

Gross Profit

1,354,291

2,963,953

2,959,916

Selling & Admin. Expenses

-736,080

-1,384,684

-1,232,956

Operating Income

618,211

1,579,269

1,726,960

Finance Income

71,019

209,675

151,675

Finance Expenses

-58,869

-189,772

-98,191

Other Non-Operating Income

161,969

332,554

341,160

Other Non-Operating Expenses

-213,475

-460,377

-335,423

Income Before Taxes

578,855

1,471,349

1,786,181

Income Taxes Expenses

-105,607

-296,957

-345,864

Net Income

473,248

1,174,392

1,440,317

 

 

Cash Flows

 

Unit : Million Korean Won

01/01/2014~06/30/2014

As of 12/31/2013

As of 12/31/2012

Operating Activities Cash Flows

940,756

2,068,129

1,572,768

Cash Flows from Operating

1,055,726

2,321,356

1,931,685

Interests Received

18,885

35,323

21,218

Interests Paid

-23,313

-50,184

-53,550

Dividends Received

254

40,670

65,103

Income Taxes

-110,796

-279,036

-391,688

Cash Flows from Investing

-909,349

-1,081,727

-2,455,066

Cash Inflow from Investing

340,941

859,485

18,219

Cash Outflows for Investing

-1,250,290

-1,941,212

-2,473,285

Cash Flows from Financing

-113,510

-358,717

227,887

Cash Inflows from Financing

182,224

 

757,451

Cash Outflows from Financing

-295,734

-358,717

-529,564

Increase/Decrease in Cash

-82,103

627,685

-654,411

Cash at the Beginning of Year

1,076,468

448,967

1,105,301

Cash at the End of Year

991,851

1,076,468

448,967

 

 

Products, Technologies, Services Description

 

Main Products & Services

-Information & Electronic Materials

Mobile Energy

Optical Materials

Electronic Materials

 

-Chemicals & Polymers

NCC/Polyolefin

Rubbers/Specialty Polymers

PVC

ABS/EP

Acrylates/Plasticizers

 

-Industrial Materials

Housing Solutions

Living Solutions

Automotive Solutions

Detailed Products Spec.

Information & Electronic Materials

Chemicals & Polymers

Industrial Materials

 

Trade Partners & Competitors

 

Suppliers

LG INTERNATIONAL CORP.

LG PETROCHEM. CO., LTD.(110111-0226905)

LG CORP.

OXY/DOW CHEM

PETOCA

 

ADVANCED NANO PRODUCTS CO., LTD.

BUYONG LOCAL INDUSTRIAL COMPLEX, 244, GEUMHO-RI, BUYONG-MYEON, CHEONGWON-GUN, CHUNGBUK-DO 363-942 KOREA

TEL:+82-43-275-6966  FAX:+82-43-275-6960

INDUSTRY: MANUFACTURE OF ALL OTHER CHEMICAL PRODUCTS N.E.C.

 

KAEL CO., LTD.

1690-2, SINIL-DONG, DAEDEOK-GU, DAEJEON 306-230 KOREA

TEL:+82-42-931-6287   FAX:+82-42-931-9190

INDUSTRY: MANUFACTURE OF SEMICONDUCTOR- MAKING MACHINERY

 

ELICO POWER CO., LTD.

466-2, SONGJEONG-DONG, GWANGJU-SI, GYEONGGI-DO 464-903 KOREA

TEL:+82-31-760-3600  FAX:+82-31-760-3601

INDUSTRY: MANUFACTURE OF OTHER ELECTRIC MOTORS, GENERATORS AND TRANSFORMERS

 

SEMONG NICE CO., LTD.

#407 YUCHEON FACTOPIA 196 ANYANG 7-DONG MANAN-GU ANYANG-SI GYEONGGI-DO 430-727 KOREA

TEL:+82-31-467-2713~6  FAX:+82-31-467-2999

INDUSTRY: MANUFACTURE OF SHOES

 

BUMSAN SYSTEC CO., LTD.

2 FL., GEUMSEONG BLDG., 117-2, YANGJAE-DONG, SEOCHO-GU, SEOUL 137-130 KOREA

TEL:+82-2-577-2574  FAX:+82-2-579-6481

INDUSTRY: PAPER HANGING, DECORATING AND CARPENTRY WORKS

Suppliers

LS CABLE LTD.

19 FL., ASEM TOWER, 159, SAMSEONG 1-DONG, GANGNAM-GU, SEOUL 135-798 KOREA

TEL:+82-2-2189-9114  FAX:+82-2-2189-9509

INDUSTRY: MANUFACTURE OF INSULATED WIRE AND CABLE, EXCEPT INSULATED CODE SETS

 

SUN YOUNG CHEMICAL CO., LTD.

170-43, ANNYEONG-RI, TAEAN-EUP, HWASEONG-SI, GYEONGGI-DO 445-976 KOREA

TEL:+82-31-226-3016  FAX:+82-31-226-3010

INDUSTRY: MANUFACTURE OF PLASTIC FILMS, SHEETS AND PLATES

 

NEXCON TECHNOLOGY CO., LTD.

303-1, YOBANG-RI, SEONGGEO-EUP, CHEONAN-SI, CHUNGNAM-DO 330-834 KOREA

TEL:+82-41-620-4000  FAX:+82-41-620-4009

INDUSTRY: MANUFACTURE OF OTHER ELECTRIC MOTORS, GENERATORS AND TRANSFORMERS

 

POWER LOGICS CO., LTD.

5445, SANGDAEWON-DONG, JUNGWON-GU, SEONGNAM-SI, GYEONGGI-DO 462-120 KOREA

TEL:+82-31-704-1463  FAX:+82-31-704-9487

INDUSTRY: MANUFACTURE OF ELECTRICAL APPARATUSESES FOR SWITCHING, PROTECTING AND CONNECTING ELECTRICAL CIRCUITS USED IN POWER DISTRIBUTION SYSTEMS

 

SPEC CORP.

1695-5, SINIL-DONG, DAEDEOK-GU, DAEJEON 306-230 KOREA

TEL:+82-42-934-9200  FAX:+82-42-934-9300

INDUSTRY: MANUFACTURE OF AIRCRAFT PARTS AND ACCESSORIES

 

DONGKOOK IND. CO., LTD.

GABEUL BLDG., 2-5, GARWOL-DONG, YONGSAN-GU, SEOUL 140-758 KOREA

TEL:+82-2-754-2961  FAX:+82-2-754-2960

INDUSTRY: MANUFACTURE OF OTHER PARTS AND ACCESSORIES FOR MOTOR VEHICLES

 

S DOCERA CO.

11-1206 REX APT, DONG BU ICHON DONG, YONGSAN GU, SEOUL 140-030 KOREA

TEL:+82-2-7492720  FAX:+82-2-7492722

INDUSTRY: WHOLESALE TEXTILES

Customers

SILTRON INC.

LG INTERNATIONAL CORP.

LG ELECTRONICS INC.

LG. PHILIPS LCD CO., LTD.

LG PETROCHEM. CO., LTD.

 

KIA MOTORS CORPORATION

231, YANGJAE-DONG, SEOCHO-GU, SEOUL 137-130 KOREA

TEL:+82-2-3464-1114 FAX:+82-2-3464-6800

INDUSTRY: MANUFACTURE OF PASSENGER MOTOR VEHICLES

 

DAEWOO ELECTRONICS CO., LTD.

686, AHYEON-DONG, MAPO-GU, SEOUL 121-010 KOREA

TEL:+82-2-360-7114  FAX:+82-2-360-5588

INDUSTRY: MANUFACTURE OF OTHER DOMESTIC ELECTRIC APPLIANCES

 

GS ENGINEERING & CONSTRUCTION CORP.

GS YEOKJEON BLDG., 537, NAMDAEMUNNO 5-GA, JUNG-GU, SEOUL 100-722 KOREA

TEL:+82-2-728-1112~3  FAX:+82-2-728-1203,3235

INDUSTRY: APARTMENT BUILDING CONSTRUCTION

 

NATIONAL PLASTIC CO., LTD.

834, WONSI-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO 425-852 KOREA

TEL:+82-31-361-8613  FAX:+82-31-360-7501

INDUSTRY: MANUFACTURE OF PACKAGING PLASTICS AND SHIPPING CONTAINERS

 

HYNIX SEMICONDUCTOR INC.

SAN 136-1, AMI-RI, BUBAL-EUP, ICHEON-SI, GYEONGGI-DO 467-866 KOREA

TEL:+82-31-630-4114  FAX:+82-31-630-4103

INDUSTRY: MANUFACTURE OF DIODES, TRANSISTORS AND SIMILAR SEMI-CONDUCTOR DEVICES

Customers

GAON CABLE CO., LTD.

166, GEUMJEONG-DONG, GUNPO-SI, GYEONGGI-DO 435-824 KOREA

TEL:+82-31-452-7346  FAX:+82-31-454-1916

INDUSTRY: MANUFACTURE OF INSULATED WIRE AND CABLE, EXCEPT INSULATED CODE SETS

 

YOULCHON CHEMICAL CO., LTD.

4F NONGSHIM BD, 370-1, SINDAEBANG 2-DONG, DONGJAK-GU, SEOUL, 156-848 KOREA

TEL:+82-2-822-0022  FAX:+82-2-821-0956

INDUSTRY: MANUFACTURE OF PLASTIC SACKS, BAGS AND SIMILAR PRODUCTS

 

SL CORPORATION

236-3, NOWONDONG 3-GA, BUK-GU, DAEGU 702-815 KOREA

TEL:+82-53-352-8511  FAX:+82-53-352-8520

INDUSTRY: MANUFACTURE OF OTHER PARTS AND ACCESSORIES FOR MOTOR VEHICLES

 

DONG AH TIRE RUBBER CO., LTD.

90, YUSAN-DONG, YANGSAN-SI, GYEONGNAM-DO 626-230 KOREA

TEL:+82-55-389-0011  FAX:+82-55-382-7736

INDUSTRY: MANUFACTURE OF TIRES AND TUBES

 

KOLON CHEMICAL CO., LTD.

10F KOLON TOWER 1-23, BYEORYANG-DONG, GWACHEON-SI, GYEONGGI-DO 427-709 KOREA

TEL:+82-2-3677-6043  FAX:+82-2-3677-6190

INDUSTRY: MANUFACTURE OF SYNTHETIC RESIN AND OTHER PLASTIC MATERIALS

Customers

DC CHEMICAL CO., LTD.

ORIENTAL CHEMICAL IND. BLDG., 50, SOGONG-DONG, JUNG-GU, SEOUL 100-718 KOREA

TEL:+82-2-727-9500  FAX:+82-2-757-4111

INDUSTRY: MANUFACTURE OF OTHER BASIC INORGANIC CHEMICALS

 

HANIL EWHA CO., LTD.

176-3, GOCHEOK 2-DONG, GURO-GU, SEOUL 152-831 KOREA

TEL:+82-2-2618-5231  FAX:+82-2-2618-1153

INDUSTRY: MANUFACTURE OF PARTS AND ACCESSORIES FOR MOTOR VEHICLE BODY

 

HYUNDAI MOTOR COMPANY

231, YANGJAE-DONG, SEOCHO-GU, SEOUL 137-130 KOREA

TEL:+82-2-3464-1114  FAX:+82-2-3464-3469

INDUSTRY: MANUFACTURE OF PASSENGER MOTOR VEHICLES

 

GM DAEWOO AUTO & TECHNOLOGY COMPANY

199-1, CHEONGCHEON-DONG, BUPYEONG-GU, INCHEON 403-030 KOREA

TEL:+82-32-520-2114  FAX:+82-32-520-4658

INDUSTRY: MANUFACTURE OF PASSENGER MOTOR VEHICLES

 

CHIL SUNG POLYMER CO., LTD.

54-5, SEONGSAN-DONG, MAPO-GU, SEOUL 121-250 KOREA

TEL:+82-2-334-4604  FAX:+82-2-334-8969

INDUSTRY: MANUFACTURE OF ADHESIVES AND GELATIN

Competitors

SAMSUNG GENERAL CHEMICALS CO., LTD.

SAN 222-2, DOKGOT-RI, DAESAN-EUP, SEOSAN-SI, CHUNGNAM-DO 356-874 KOREA

TEL:+82-41-660-6213  FAX:+82-41-681-4812

INDUSTRY: MANUFACTURE OF BASIC ORGANIC PETROCHEMICALS

 

SAMSUNG TOTAL PETROCHEMICALS CO., LTD.

411-1, DOKGOT-RI, DAESAN-EUP, SEOSAN-SI, CHUNGNAM-DO 356-874 KOREA

TEL:+82-41-660-6114  FAX:+82-41-681-4812

INDUSTRY: MANUFACTURE OF BASIC ORGANIC PETROCHEMICALS

 

SK CHEMICALS CO., LTD.

600, JEONGJA 1-DONG, JANGAN-GU, SUWON-SI, GYEONGGI-DO 440-745 KOREA

TEL:+82-31-245-3131  FAX:+82-31-247-2004

INDUSTRY: MANUFACTURE OF BASIC ORGANIC PETROCHEMICALS

 

BASF CO., LTD.

373-15, HWACHI-DONG, YEOSU-SI, JEONNAM-DO 555-280 KOREA

TEL:+82-61-680-7000  FAX:+82-61-684-7260

INDUSTRY: MANUFACTURE OF BASIC ORGANIC PETROCHEMICALS

 

ACE DIGITECH CO., LTD.

441-1, GURYONG-RI, OCHANG-MYEON, CHEONGWON-GUN, CHUNGBUK-DO 363-883 KOREA

TEL:+82-43-210-0100  FAX:+82-43-217-6991

INDUSTRY: MANUFACTURE OF OPTICAL FIBERS AND ELEMENTS

 

Related Parties (Subsidiaries, Joint-Venture & Affiliates)

 

Affiliates-Domestic

LG CORP.(110111-0003543)

LG ELECTRONICS INC.(110111-2487050)

LG DACOM CORPORATION(110111-0315948)

LG INTERNATIONAL CORP(110111-0004632)

LG CHEM LTD.(110111-2207995)

LG HOUSEHOLD & HEALTH CARE LTD.(110111-2208000)

LG LIFE SCIENCES CO.,  LTD.(110111-2581183)

LG DISPLAY CO., LTD.(110111-0393134)

LG TELECOM CO., LTD.(110111-1296676)

LG INNOTEK CO., LTD.(110111-0192180)

LG MICRON LTD.(175311-0001075)

LG DOW POLYCARBONATE CO., LTD.(206211-0014519)

LG CNS CO., LTD.(110111-0516695)

LG SPORTS CO., LTD.(110111-0359300)

LG MANAGEMENT DEVELOPMENT INSTITUTE CO., LTD.(110111-0423494)

SILTRON INCORPORATED(175311-0001348)

LG MMA CORPORATION(206211-0001805)

DACOM MULTIMEDIA INTERNET CORPORATION(110111-1905441)

DACOM CROSSING CORPORATION(110111-2234683)

SERVEONE(110111-2411520)

LG N SYS CO., LTD.(110111-2397027)

HIPLAZA CO., LTD.(131111-0028801)

LG POWERCOM CORPORATION(110111-1863889)

HI BUSINESS LOGISTICS CO., LTD.

V-ENS CO., LTD.(120111-0334897)

LUSEM CO., LTD.(176011-0038073)

CS LEADER CO., LTD.(110111-2271924)

AIN TELE SERVICE CO., LTD.(180111-0367581)

BIZ TECH & EKTIMO CO., LTD.(110111-2689507)

LG SOLAR ENERGY INC.(110111-3759408)

COCA-COLA BEVERAGE CO., LTD.(110111-1342130)

UCESS PARTNERS CO., LTD.(110111-3798026)

SYSTEM AIR-CON ENGINEERING INCORPORATION(110111-3371989)

JIHEUNG CO., LTD.(180111-0630053)

CS ONE PARTNER CORPORATION(110111-3961756)

SEETECH CO., LTD.

TWIN WINE CO., LTD.(110111-3791129)

KOREA COMMERCIAL VEHICLE CO., LTD.(200111-0105200)

GIOVINE CO., LTD.(110111-3942714)

PIXDIX CO., LTD.(110111-3947657)

LG HAUSYS, LTD.(110111-4071207)

Affiliates-Overseas

LG INNOTEK HUIZHOU CO.,LTD

SERVEONE(NANJING) COMPANY LIMITED

ARCELIC-LG KLIMA SANAYI VE TICARTE A.S(LGEAT)

BEIJING LG HOUSEHOLD CHEMICAL CO., LTD.

CCKBC(NETHERLANDS)HOLDING BV

CCKBC(NETHERLANDS)HOLDING BV

COMPACT POWER INC.

DACOM AMERICA INC.

DE ZWARTE PONK B.V.(DZP)

EIC PROPERTIES PTE.LTD.

ELECTROMAGNETICA GOLDSTAR S.R.L

EPC MUNAI LLP

FOSCO B.V.

GFTZ LG INTERNATIONAL LTD.

GLOBAL PROFESSIONAL SOURCING CO., LTD

GUANGZHOU NEW VISION TECHNOLOGY RESEARCH AND DEVELOPMENT LIMITED

HANGZHOU LG COSMETICS CO., LTD.

HI LOGISTICS CHINA

HI LOGISTICS EUROPE B.V.

LANCHAO LG(YANTAI)DIGITAL MOBILE TECH& DEVELOP.CO.

INSPUR LG DIGITAL MOBILE COMMUNICATIONS CO., LTD.

LG (TIMOR SEA 06-102) LTD

LG (YANTAI) INFORMATION & COMMUNICATION TECH.

LG ALINA ELECTONICS(LGERI)

LG CHEM BRASIL INTERMEDICAO DE NEGOCIOS DO SETOR QUIMICO LTDA.

LG CHEM DISPLAY MATERIAL CO., LTD

LG CHEM EUROPE GMBH

LG CHEM INDUSTRIAL MATERIALS INC.

LG CHEM POLAND SP. Z O. O.

LG CHEM TAIWAN, LTD.

LG CHEM(CHINA)INVESTMENT CO.,LTD.

LG CHEM(NANJING) INFO & ELECTRONIC MATERIALS CO. LTD

LG CHEM(TIANJIN) ENGINEERING PLASTICS CO., LTD

LG CHEMICAL AMERICA INC.

LG CHEMICAL HONG KONG LTD.

LG CHEMICAL INDIA PRIVATE LTD.

LG CHEMICAL TRADING CO., LTD

LG CHEMICAL(GUANGZHOU) ENGINEERING PLASTICS CO.,LTD

LG CNS AMERICA, INC

LG CNS BRASIL SERVICOS DE T.I.LTDA

LG CNS CHINA, INC

LG CNS EUROPE B.V

LG CNS GLOBAL PRIVATE LIMITED

Affiliates-Overseas

LG CNS JAPAN, INC

LG CNS PHILIPINES, INC

LG ELCTRONICS NORWAY AS

LG ELECTONICS HUIZHOU LTD.

LG ELECTRONICS (KUNSHAN) COMPUTER CO., LTD.

LG ELECTRONICS (LEVANT) - JORDAN

LG ELECTRONICS (NANJING) PLASMA CO., LTD

LG ELECTRONICS (SHENYANG) INC.(LGESY)

LG ELECTRONICS AFRICA LOGISTICS FZE

LG ELECTRONICS ALAMABA, INC. (LGEAI)

LG ELECTRONICS ALMATY KAZAK CO., LTD.(LGEAK)

LG ELECTRONICS ARGENTINA S.A.(LGEAR)

LG ELECTRONICS AUSTRALIA PTY., LTD. (LGEAP)

LG ELECTRONICS AUSTRIA GMBH

LG ELECTRONICS BENELUX SALES B.V.

LG ELECTRONICS CANADA,INC. (LGECI)

LG ELECTRONICS CHINA CO., LTD. (LGECH)

LG ELECTRONICS COLOMBIA, LTDA.(LGECB)

LG ELECTRONICS CZECH S.R.O.

LG ELECTRONICS DA AMAZONIA LTDA (LGEAZ)

LG ELECTRONICS DE SAO PAULO LTDA. (LGESP)

LG ELECTRONICS DEUTSCHLAND.GMBH. (LGEDG)

LG ELECTRONICS EGYPT CARIO S.A.E (LGEEC)

LG ELECTRONICS EGYPT S.A.E. (LGEEG)

LG ELECTRONICS ESPANA S.A. (LGEES)

LG ELECTRONICS EUROPEAN HOLDINGS B.V.

LG ELECTRONICS EUROPEAN LOGISTICS & SERVICES B.V.

LG ELECTRONICS EUROPEAN SHARED SERVICE CENTER B.V.

LG ELECTRONICS FRANCE S.A.R.L.

LG ELECTRONICS GULF FZE (LGEGF)

Affiliates-Overseas

LG ELECTRONICS HELLAS S.A

LG ELECTRONICS HK LTD.(LGEHK)

LG ELECTRONICS INC. CHILE LIMITADA

LG ELECTRONICS INDIA (PVT.) LTD. (LGEIL)

LG ELECTRONICS ITALY S.P.A. (LGEIS)

LG ELECTRONICS JAPAN INC. (LGEJP)

LG ELECTRONICS JIT EUROPE B.V

LG ELECTRONICS LATVIA LLC

LG ELECTRONICS MAGYAR KFT. (LGEMK)

LG ELECTRONICS MALAYSIA SDN. BHD.(LGEML)

LG ELECTRONICS MEXICALI, S. A. DE C. V. (LGEMX)

LG ELECTRONICS MEXICO S.A. DE C.V (LGEMS)

LG ELECTRONICS MIDDLE EAST CO., LTD.

LG ELECTRONICS MLAWA SP.ZO.O (LGEMA)

LG ELECTRONICS MOBILE RESEARCH U.S.A. LLC (LGEMR)

LG ELECTRONICS MOBILECOMM FRANCE S.A.S

LG ELECTRONICS MOBLECOMM U.S.A., INC.(LGEMU)

LG ELECTRONICS MONTERREY MEXICO S.A. DE C.V.

LG ELECTRONICS MOROCCO SARL(LGEMC)

LG ELECTRONICS NANJING DISPLAY CO.,LTD

LG ELECTRONICS(HANGZHOU) RECORDING MEDIA CO., LTD

LG ELECTRONICS NIGERIA LIMITED(LGENI)

LG ELECTRONICS NORDIC AB

LG ELECTRONICS OVERSEAS TRADING FZE

LG ELECTRONICS PANAMA S.A. (LGEPS)

LG ELECTRONICS PERU S.A. (LGEPR)

LG ELECTRONICS PHILIPPINES, INC. (LGEPH)

LG ELECTRONICS POLSKA SP.ZO.O (LGEPL)

LG ELECTRONICS PORTUGAL S.A.

LG ELECTRONICS QINHUANGDAO CO.,LTD(LGEQH)

LG ELECTRONICS RAYNOSA, S.A.DE C.V(LGERS)

LG ELECTRONICS ROMANIA S.R.L

LG ELECTRONICS RUS.LLC

Affiliates-Overseas

LG ELECTRONICS RUS-MARKETING, LLC

LG ELECTRONICS S.A.(PTY) LTD. (LGESA)

LG ELECTRONICS SINGAPORE PTE LTD

LG ELECTRONICS TAIWAN TAIPEI CO., LTD.

LG ELECTRONICS THAILAND CO.,LTD.(LGETH)

LG ELECTRONICS TIANJIN APPLIANCES CO., LTD.

LG ELECTRONICS TICARET A.S

LG ELECTRONICS UKLAINE

LG ELECTRONICS UNITED KINGDOM LTD. (LGEUK)

LG ELECTRONICS USA INC. (LGEUS)

LG ELECTRONICS VIETNAM LTD. (LGESV)

LG ELECTRONICS WALES LTD. (LGEWA)

LG ELECTRONICS WROCLAW SP. ZO.O

LG ELECTRONICS(CHINA) RESEARCH AND DEVELOPMENT CENTER CO., LTD

LG H&H TRADING(SHANGHAI) CO.LTD.

LG HOLDINGS LTD. (LGHK)

LG HOUSEHOLD & HEALTH CARE AMERICA, INC

LG INNOTEK MEXICALI S.A. DE C.V

LG INNOTEK POLAND SP. ZO.O.

LG INNOTEK USA INC.

LG INNOTEK YANTAI CO., LTD

LG INTERNATIONAL AMERICA INC.

LG INTERNATIONAL CORP.(SINGAPORE) PTE. LTD.

LG INTERNATIONAL JAPAN LTD.

LG INTERNATIONAL INVESTMENT (CANADA) LTD.

LG INTERNATIONAL SAUDI LLC

LG INTERNATIONAL(AUSTRALIA) PT'S, LTD.

LG INTERNATIONAL(DEUTCHLAND) GMBH

LG INTERNATIONAL(HK) LIMITED

LG INTERNATIONAL(U.K.) LTD.

LG LIFE SCIENCES INDIA PVT,LTD

LG LIFE SCIENCES POLAND, LTD

LG MICRON(FUJIAN) ELECTRONICS CO.,LTD

LG MICRON(TAIWAN) LTD.

LG MITR ELECTRONICS CO., LTD. (LGEMT)

LG PHILIPS LCD AMERICA INC.

LG PHILIPS LCD GERMANY GMBH

LG PHILIPS LCD HONGKONG CO.,LTD

LG PHILIPS LCD JAPAN CO.LTD.

LG PHILIPS LCD NANJING CO. LTD

LG.PHILIPS LCD SHENZEN CO., LTD.

LG PHILIPS LCD TAIWAN CO. LTD. (LGPLT)

Affiliates-Overseas

LG PROPERTIES PTE. LTD.

LG SOFT INDIA PVT LTD.(LGSI)

LG SOLID SOURCE, LLC

LG VINA CHEMICAL J/V COMPANY

LG VINA COSMETICS

LG.PHILIPS LCD GUANGZHOU CO., LTD.(LPLGZ)

LG.PHILIPS LCD POLAND SP. Z O.O.

LG.PHILIPS LCD SHANGHAI CO., LTD.

LG-SHAKER CO.,LTD

MONGOLIA RESOURCES INVESTMENT LIMITED

NAKHODKA FEZ TELECOMMUNICATIONS CO.LTD.(ROKOTEL)

NANJING LG INTERNATIONAL VMI LTD.CO.

NANJING LG PANDA APPLIANCES CO., LTD. (LGEPN)

NINGBO LG YONGXING CHEMICAL CO., LTD.

PHILCO RESOURCES LIMITED

PT LG CNS INDONESIA

PT LG ELECTRONICS INDONESIA (LGEIN)

PT. BATUBARA GLOBAL ENERGY

PT. GOLDEN HYUNDAI MACHINERY(PT.GHM)

PT. KIMCO ENERGY UTAMA

PT. LG INNOTEK INDONESIA

PT. TUTUI BATUBARA UTAMA

QINGDAO LG INSPUR DIGITAL COMMUNICATION CO., LTD.

RESOURCES INVESTMENT (H.K) LIMITED

SHANGHAI LG ELECTRONICS  CO., LTD. (LGESH)

SILTRON AMERICA, INC.

TAIZHOU LG ELECTRONIC REFRIGERATION CO.LTD(LGETR)

TIANJIN LG BOHAI CHEMICL CO., LTD.

TIANJIN LG DAGU CHEMICAL CO., LTD.

TIANJIN LG NEW BUILDING MATERIALS CO., LTD.

TRIVENI DIGITAL INC.

V-ENS(M) SDN. BHD.

ZENITH ELECTRONICS CO. (ZENITH)

Overseas Office

TOKYO OFFICE

HIGASHI-KAN 16F, AKASKA TWIN TOWER, 17-22, 2-CHOME, AKASAKA, MINATOKU, TOKYO, JAPAN

TEL:+81-3-3584-6545  FAX:+81-3-3224-1545

 

ISTANBUL OFFICE

BUYUKDERE CADDESI NUROL PLAZA NO:71 A BLOK KAT:8 MASLAK/ ISTANBUL TURKEY

TEL:+90-533-667-2995

 

HOCHIMINH OFFICE

8TH FLOOR, YOCO BUILDING, 41 NGUYEN THI MINH KHAI STREET,  DISTRICT 1 HO CHI MINH VIETNAM

TEL:+84-8-822-0409  FAX:+84-8-822-0407

 

NEW DELHI LIAISON OFFICE

AB-3, SAFDARJUNG ENCLAVE, NEW DELHI-110029 INDIA

TEL:+91-11-2671-4001  FAX:+91-11-2671-3646

 

FRANKFURT OFFICE

LYONER STR 15 ATRICOM CENTER BAUTEIL C 8TH 60528 FRANKFURT GERMANY

TEL:+49-69-666-5014  FAX:+49-69-666-4026

 

JAKARTA OFFICE

JAKARTA STOCK EXCHANGE 15F, 1502 JALAN JEND. SUDIRMAN, KAV. 52-53, JAKARTA 12190 INDONESIA

TEL:+6221-515-1714  FAX:+6221-515-1716

 

MOSCOW OFFICE

ROOM #1804, OFFICE BLDG., SOVINCENTER 12, KRASNOPRESNENSKAYA NAB., MOSCOW 123610, RUSSIA

TEL:+7-095-258-2335~9  FAX:+7-095-258-2340

 

SINGAPORE OFFICE

NO. 8 TEMASEK BOULEVARD #27-01, SUNTEC TOWER 3, SINGAPORE 038988

TEL:+65-6333-6090  FAX:+65-6333-6109

 

BANGKOK OFFICE

19TH FLOOR, SERMMIT TOWER, 159 ASOKE, SUKHUMVIT 21 ROAD, BANGKOK 10110, THAILAND

TEL:+66-2-665-7417 / 7418  FAX:+66-2-665-7420

Liaison Office

--

Overseas Branch

--

Joint Venture

LG VINA CHEMICAL JOINT VENTURE CO., LTD.

8TH FLOOR, YOCO BUILDING, 41 NGUYEN THI MINH KHAI STREET, DISTRICT 1 HO CHI MINH VIETNAM

TEL:+84-8-822-1686  FAX:+84-8-822-1685

Subsidiary

SEETECH CO., LTD.

(50.0% held by the subject company)

 

LG DOW POLYCARBONATE CO., LTD.(206211-0014519)

(50.0% held by the subject company)

 

COMPACT POWER,INC.

(100.0% held by the subject company)

 

LG CHEM TRADING(SHANGHAI) CO., LTD.

(100.0% held by the subject company)

 

LG HOLDINGS (HK) LTD.

(18.18% held by the subject company)

 

LG CHEM (NANJING) INFORMATION & ELECTRONICS MATERIALS CO.,LTD

(81.99% held by the subject company)

 

LG CHEM INDUSTRIAL MATERIALS INC.

(100.0% held by the subject company)

 

LG CHEM (TAIWAN), LTD.

(100.0% held by the subject company)

 

LG CHEM (CHINA) INVESTMENT CO., LTD.

(100.0% held by the subject company)

 

TIANJIN LG DAGU CHEMICAL CO., LTD.

(75.0% held by the subject company)

 

TIANJIN LG NEW BUILDING MATERIALS CO., LTD.

(85.35% held by the subject company)

 

NINGBO LG YONGXING CHEMICAL CO., LTD.

(75.0% held by the subject company)

 

LG POLYMER INDIA PVT. LTD.

(100.0% held by the subject company)

 

LG CHEMICAL HONG KONG LTD.

(100.0% held by the subject company)

 

LG VINA CHEMICAL J/V COMPANY

(40.0% held by the subject company)

 

LG CHEM AMERICA, INC.

(100.0% held by the subject company)

Subsidiary

M.DOHMEN S.A.

(49.0% held by the subject company)

 

LG CHEMICAL (GUANGZHOU) ENGINEERING PLASTICS CO., LTD.

(100.0% held by the subject company)

 

LG CHEM (TIANJIN) ENGINEERING PLASTICS CO., LTD.

(90.0% held by the subject company)

 

LG CHEM DISPLAY MATERIALS (BEIJING) CO., LTD.

(90.0% held by the subject company)

 

TIANJIN LG BOHAI CHEMICAL CO., LTD.

(65.0% held by the subject company)

 

LG CHEM EUROPE GMBH

(100.0% held by the subject company)

 

LG CHEM BRASIL, LTD.

(100.0% held by the subject company)

 

LG CHEM POLAND SP.Z O.O.

(100.0% held by the subject company)

 

LG CHEM MICHIGAN INC.

10717 ADAMS ST. HOLLAND, MI 49423, USA

 

LG CHEM POWER INC.

1857 TECHNOLOGY DR. TROY, MI 48083, USA

 

TIANJIN LG BOTIAN CHEMICAL CO., LTD.

3F LG BOTIAN LINGANG INDUSTRIAL AREA A12 ROAD NO.667 TANGGU TIANJIN CHINA  POST CODE: 300452

 

NINGBO ZHENHAI LG YONGXING TRADING CO., LTD.

66, HAITIAN ROAD HOUHAITANG INDUSTRY ZONE, ZHENHAI, NINGBO, ZHEJIANG, CHINA

 

LGC PETROCHEMICAL INDIA PRIVATE LTD.

732 VASU BHAVAN, GEVREJ NO. 5, 11TH ROAD, HINDUJA HALL, KHAR WEST, OPP. T D, MUMBAI - 400052, MAHARASHTRA, INDIA

Corporate Ownership

 

Major Shareholders

LG CORP.

LG TWIN TOWER, 20 YOIDO-DONG, YONGDUNGPO-GU, SEOUL 150-721 KOREA

TEL:+82-2-3773-2042  FAX:+82-2-3773-2100

INDUSTRY: HOLDING COMPANIES

Cooperative Enterprise

-Technical Support from

STYRON EUROPE GMBH

EXXONMOBIL(USA)

 

-Brand License from

LG CORP.(110111-0003543)

 

 

Sales by Region (Activity & Markets)

 

Sales/ Unit :Mil KRW

09/2011

2010

2009

Export

10,820,712

12,195,451

9,918,759

Domestic

6,256,027

7,275,999

5,602,054

Total

17,076,739

19,471,450

15,520,813

The Subject exports to North America, Asia Africa and Europe.

 

 

Court Action

 

There are 7 cases filed as Plaintiff(s)/ Creditor(s)/ Applicant(s) amounting 1,633,000,000 KRW, and 3 cases filed as Defendant(s)/ Debtor(s)/ Respondent(s) amounting 1,388,000,000 KRW.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.14

UK Pound

1

Rs.95.78

Euro

1

Rs.71.05

 

INFORMATION DETAILS

 

Report Prepared by :

ANK

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

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NB

                                       New Business

 

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This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.