LG Twin Towers, 20 Yeouido-dong, Yeongdeungpo-gu, Seoul 150-721, Korea LG Chem, Ltd. / Tel_ 82-2-3773-1114

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Whether you’re searching for a competitive edge, new

experiences, or a more comfortable, beautiful life,

LG Chem has the solutions to make it happen.

From quality petrochemicals to advanced information

technology and electronic materials, we have innovative

solutions you won’t find anywhere else.

If you’re looking for a solution partner to help you

succeed in the global marketplace, you’ve come to the

right place.

Welcome to LG Chem.

You’ll Find It Here.

01 YOUR SOLUTION PARTNER

06 MESSAGE FROM THE CEO

08 VISION

09 CORE VALUES

10 INNOVATION

12 RESEARCH & DEVELOPMENT

14 HUMAN RESOURCES

16 GLOBAL BUSINESS

22 BUSINESS DOMAIN

24 PETROCHEMICALS

28 IT & ELECTRONIC MATERIALS

32 SUSTAINABILITY MANAGEMENT

34 ENVIRONMENTAL RESPONSIBILITY

36 SOCIAL RESPONSIBILITY

38 BOARD OF DIRECTORS

C O N T E N T S

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“I’m looking for materials that aredurable and easy to work with.”

“I want my work commute to besmooth and relaxing.”

At LG Chem, we have reliable solutions.

Today’s home appliances and automobiles have to be strong and attractive, both inside and out. Our heat- and

impact-resistant ABS resins are easy to work with, so you can make more durable and beautiful products. Our PVC resins

for applications such as decorative sheets and gaskets also help enhance product design and performance. And we have

the production capacity to meet all your needs. That’s what keeps us at the forefront of the global ABS and PVC markets.

At LG Chem, we have special solutions.

Great driving experiences begin with a safe and dynamic ride. When your car runs on tires made with our synthetic

rubber and roads paved with our SBS asphalt modifier, the conditions are set for the ultimate ride where you and the

road become one. That’s the kind of enjoyment our advanced technology is bringing to life.

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“I need polarizers for my newbig-screen LCD TV models.”

“I want thinner, lighter batteries to keep my digital life

going all day long.”

At LG Chem, we have timely solutions.

Today’s big-screen LCD TVs require advanced polarizers to deliver the brightest, sharpest pictures. Our TFT-LCD

polarizers can compete with anything on the market. We have the technology and capacity to deliver polarizers for

second- through seventh-generation motherglass sizes as well as the latest 100-inch displays. And as LCD TVs grow

bigger, you can be sure that we’ll be ready. That’s the kind of innovation that makes entertainment larger than life.

At LG Chem, we have energizing solutions.

Perhaps the biggest challenge of the mobile digital lifestyle is how to keep it powered. We are a global leader in the

small-, medium-, and large-format rechargeable battery fields. Our ongoing R&D and capacity expansions enable us to

offer lithium-ion and lithium-polymer batteries with custom form factors and increasing energy densities to keep your

digital devices thin, light, and working all day long. That’s the kind of thinking that makes the digital life a delight.

MESSAGE FROM THE CEO

results Faster than competitors by focusing on coretasks and checking these changes More Frequentlythan competitors to ensure we review our progresstoward our goals until they are achieved. The SpeedManagement execution principles of Earlier thancompetitors, Faster than competitors, and MoreFrequently than competitors are becoming an integralpart of our DNA.

In 2011, the growth rate in China, astrategic market for LG Chem, will slow down, as willforward industries such as IT. In addition, the overallbusiness environment looks bleaker than last year, witha stronger Korean won forecast for the year ahead.However, over the past few years, our entire workforcehas actively embraced and experienced the benefits ofSpeed Management, acquiring the capabilities we needto rise above the challenges ahead. Building on this solidfoundation, we are now pushing ahead with our coreinitiatives of No.1 in Core Business , Customer ValueCreation , and Global Organizational Capabilityenhancement, all of which will allow us to continuegaining speed as we deliver growth that is bothsustainable and profitable.

In addition, we continually reform ourpractice of reporting, meeting, and leaving the office tofocus on core by reducing unnecessary tasks and pushahead with ‘finding and reinforcing strengths’ so toenhance team sprit and create excellent performance.

We continue to place great emphasis oncreating a Great Work Place for all our employees,somewhere they can both have fun and develop asense of worth, equipping them with world-classcapabilities and leadership skills as we strive totransform our organization and culture to thrive intoday s global marketplace.

Sustainability is another one of ourongoing areas of focus. As a responsible chemicalcompany, we are dedicated to strengthening ourenvironmental leadership and practicing trans-parency and integrity in management with aprogressive governance structure. We are alsoactively involved in educational outreach programsand a broad range of community service activities aswe strive to be a trusted and respected member ofour local communities.

Today, our passion for helping ourcustomers succeed and ambitious plans for the futureare driving us forward as we aim for global greatnessin our second half-century of business and beyond.And as we become a top solution partner that bringsgreater success and prosperity to life for ourcustomers, we will also be attaining our dream ofbeing a truly global chemical company. We lookforward to serving and growing with you in the yearsahead.

At LG Chem, we have been meeting theneeds of customers for more than 60 years now. Sinceour founding as Lucky Chemical Industrial Corporationback in 1947, we have grown to become a global playerin the chemical industry, with an annual revenue of overKRW 19.5 trillion and more than 16,000 employeesworldwide.

From the very beginning, our mission hasbeen to provide customers with greater satisfaction andvalue through better products and service. In the earlyyears, that dedication helped drive growth and improvethe quality of life in Korea, enabling us to emerge as oneof nation’s most respected chemical companies. Today,we are delivering the petrochemicals and informationtechnology and electronic materials that are doing thesame for the world as we aim to be a global leader inchemicals.

As we enter our seventh decade inbusiness, we have rededicated ourselves to globalexcellence. Guided by our core values of CustomerValue Creation, Execution, and Mutual Respect, weaspire to be a global leader that grows with customers byproviding innovative materials and solutions. PracticingSpeed Management is key to achieving this vision. In theSpeed Management paradigm, market- and customer-centric thinking is the key to doubling the speed ofchange both in business and in people. At its core, SpeedManagement is about anticipating changes and preparingfor these changes Earlier than competitors, achieving

“ We aim to be a world-class solution partner, delivering the innovative materials and solutions

customers need to succeed. ”

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Peter Bahnsuk Kim I Vice Chairman & CEO

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VISION CORE VALUES

WE AIM TO BE A GLOBAL LEADER, GROWING WITH CUSTOMERS BY PROVIDING INNOVATIVE MATERIALS AND SOLUTIONS.

Execution is essential to bringing corporate objectives and aspirations to fruition.It is a systematic process that requires anobjective view of reality, thorough analysis, and concrete planning to achieve our goals.

Mutual respect plays a key role in building effective teams and the capacity to make breakthroughs. This teamwork, strengthened by mutual recognition and respect, is what empowers us to achieve our goals.

We deliver value that substantially improves customer performance and competitiveness. We act to enhance customer value with a customer-centric mindset and a deep understanding of both our customers and their markets.

We strive to be trusted and admired by our customers, the most attractive investment to investors, the workplace of choice for the best and the brightest, and feared and emulated by our competitors.

We grow with our valuable customers by delivering innovative value that helps them thrive and prosper.

We deliver the best materials to ensure the success of our customers. These innovativematerials are superior in both price and performance to the competition, enhancing theperformance of every product our customers make.

We solve customer problems and improve their performance by providing innovative solutions encompassing products, services, and expertise tailored to match their specific needs.

INNOVATIVE MATERIALS

INNOVATIVE SOLUTIONS

GROWING WITH CUSTOMERS

A GLOBAL LEADER

Core Values

MUTUAL RESPECTEXECUTION

CUSTOMER VALUE

CREATION

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INNOVATION

At LG Chem, we are now practicing Speed Management across the enterprise to meet our

business targets and bring us a step closer to achieving our vision of being a global leader. We

continue to expand our Six Sigma and total productive maintenance (TPM) initiatives as we

systematically take our competitiveness to the next level.

Our active innovation is taking ourcompetitiveness to the next level.

Speed Management to Create Excellent Performance

Speed Management, a unique means to

guiding implementation of LG Way in LG Chem, enables

acceleration of strategy execution and organizational

transformation with a focus on market and customer, to

realize our vision as a Global Leading Company that

delivers sustainable performance excellence. There are

three core Speed management initiatives- No.1 in Core

Business , Customer Value Creation , and Global

Organizational Capability -of which are executed through

an Earlier preparation than competitors , Faster

results than competitors , and More Frequent check

than competitors approach. Speed Management requires

us to concentrate on our core strengths to provide

excellent performance. In business management, we are

deploying the Core Focused Strategy to focus our time

and effort on our core, competitive business areas. In

people management, we identify and further reinforce the

strengths in our people. In addition, our people accumulate

success experiences of achieving challenging goals with

strong desire and through flow. By building up these

success experiences, we are acquiring breakthrough

capability that consistently creates excellent performance.

Our on-site innovation initiatives, such as Quality Control

(QC) and Total Productive Maintenance (TPM), have helped

build a systematic facility management mechanism across

our plants, resulting in maximum productivity and minimum

defects to deliver products with world-class quality. We

deployed Six Sigma across organization to secure cost and

product leadership in 1999, so that we could proactively and

flexibly adapt to increasingly sophisticated and evolving

customer needs. Our Six Sigma program brings in the best

and the brightest from different areas of the company to

solve problems. To further facilitate such innovation

programs, we hold Best Practice Contest every year to share

our innovation performance and recognize people for their

efforts.

Double the Speed of Change in Business

E (Performance) = M (Resource) • C (Speed)2

Speed Management Execution principle

Focusing on Strengths

Earlier than Competitors

Faster than Competitors

More Frequently than Competitors

Business: Core-focused strategies

look forward and prepare in advance

derive outcome by focusing on the core

check progress status and achieve goals

People: Find and reinforce strengths

Realizing Our Vision

Core Initiatives• No.1 in Core Business• Customer Value Creation• Global Organizational Capability

Execution Principle•‘Earlier than competitors•‘Faster than competitors•‘More Frequently than competitors

Double the Speed of Change in People

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RESEARCH & DEVELOPMENT

At LG Chem, we are leading our industry into the future through basic and applied research in the

fields of petrochemicals, information technology and electronic materials, and batteries.

Supported by state-of-the-art facilities, top-notch personnel, and a global R&D network, we

continue to develop the innovative materials and technologies that will create the value for

customers around the globe.

An Engine for Continuous Growth

LG Chem runs a Corporate R&D Center,

an IT & Electronic Materials R&D Center, a Battery R&D

Center, and a Petrochemicals R&D Center. We have also put

together a global R&D network with satellite labs in the United

States, Germany, Russia, China, and, as of 2011, Japan. We

currently have more than 1,300 professionals on our

multidisciplinary research staff, 25% of which have doctorates.

We have registered more than 11,000 patents worldwide to

date, creating a growing intellectual property portfolio that is

making us increasingly competitive in the global marketplace.

We continuously invest and strategically allocate resources to

develop value-added premium products, optimize

manufacturing processes, and incubate businesses that will

drive future growth. To this end, we actively recruit and train

core talent, select and manage projects that meet the needs of

both our customers and the market, integrate existing core

technologies with new ones, and prepare for new businesses

in the future.

Increasing Our Competitive Edge and ExpandingFirst-Mover Advantage

Our R&D initiatives are closely tied with

enhancing our competitiveness in our major business areas.

We are boosting our cost competitiveness in the field of

petrochemicals by developing premium polyolefin products

that use new material catalysts, while also conducting a wide

range of R&D programs. Furthermore, we are continuing to

make significant advances in the field of information

technology and electronic materials, an area we identified as

an engine for growth back in the mid-1990s. Over the years,

we have developed and launched TFT-LCD polarizers, LCD

color filter photoresists, OLED materials (which are expected

to become a next-generation display), printed circuit board

materials, and, most recently, FPR (film patterned retarder)

passive 3D glasses.

In the battery business, we were able to mass-produce lithium

polymer batteries for the Hyundai Avante hybrid car in July

2009, and for GM's electric vehicle, the Volt, in December

2012. We are currently the top producer of the leading lithium-

ion batteries for electric cars in the world, and our clients

include global auto giants such as GM, Ford, Hyundai, and

Renault. As well as reinforcing core businesses, we are

committing ourselves to developing future growth engines.

Today, we are leveraging core competencies cultivated over

the years to develop and integrate entirely new technologies

as we work on next-generation display materials, green

energy solutions such as materials for solar cells, batteries

for hybrid electric vehicles, next-generation semiconductor

materials, and cutting-edge eco-friendly materials. In the

coming years, LG Chem will conduct extensive R&D to acquire

original technology so we can expand differentiated products

lines, securing future competitiveness as well as top business

results.

Global R&D Organization

Corporate R&D Center

LG ChemResearch

Park

IT & Electronic Materials R&D Center

Battery R&D Center

Petrochemicals & Polymers R&D Center

Japan R&D Center

Our results-driven R&D organization is delivering the futureour customers want.

253.8295.2

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R&D Investment in KRW billions

Administration

At LG Chem, our approach to delivering customer value innovation and enhancing the

competitiveness of our businesses is simple. We hire quality people, develop their competency more,

motivate them to create great performance based on innovative corporate culture, and then fairly

evaluate and compensate them. It s a sound approach that has earned us “Best Human Resource

Developer” certification from the Korean government as well as the top award in the HR category at

the Korea Management Awards from KMA Consultants for the past five straight years.

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HUMAN RESOURCES

Recruiting and Developing the Best

We believe that our competitive edge is

our people. Accordingly, recruiting and training is an

company-wide priority. For the last seven years, we have

hit the road to recruit top talent from around the world,

especially through our annual Business & Campus Tour

and Tech Fair academic seminar programs, in which LG

Chem s CEO participates. We also fund scholarships at

major Korean universities, including an academic program

whose focus is on secondary batteries, to create a hiring

pool of highly qualified chemical and mechanical engineers

with practical experience.

Continuous training and development at all levels is an

integral part of our HR policy. We have succession plans in

place for key positions to ensure we have world-class

business leaders. Our High Potential Individual (HPI) program

and Next-Generation Global Business Leader program help

identify and develop next-generation business leaders.

Furthermore, our training programs can be divided into three

general categories: core talent training, management and

cross-cultural training, and professional training, each of

which includes in-house or external training depending on

the individual s position and skill set.

Creating a Great Place to Work

We respect the ingenuity and autonomy

of our people and value their capabilities and contributions

as we strive to give each one equal opportunity to advance

and excel. We start by assigning new hires to departments

that match their preferences and aptitudes. We help them

achieve their full potential and coach them based on their

career plans. Then we evaluate them fairly and reward

high performers with fast-track promotions and a variety

of incentives. We also implement the Together Program

for second-year employees, which helps them find their

strengths and establish career development plans, as well

as a Professional Leader program for second-year

assistant managers to help them rebuild their career

vision.

We recognize that happy employees are performing better

than who are not. Our wide range of employee welfare

programs aims to improve the quality of all aspects of life

for our people. Basic benefits include housing rental and

purchase assistance, school tuition for dependents, health

check-ups and medical expense support, congratulatory

and condolence payments, and dormitory housing for plant

employees. We also support club activities and operate

recreational and resort facilities. Our flexible benefits plan

has given our people greater choices and control over their

welfare benefits since 2006, further enhancing employees’

satisfaction.

Respect for Individual Creativity & Autonomy

Emphasis on Competency

Performance-BasedCompensation

Equal Opportunity Long-Term Perspective

Workforce Statistics As of the end of 2010

Value Creation

57.5%_ Korea

Global Operations

Management Style

Basic Principles

HR Principles

42.5%_ Overseas

26.7%_ Administrative

51.8%_ Production

21.5%_ Research

Autonomy, Creativity and Teamwork

Customer First and Innovation

Integrity and Fair Competition

LG Chem Employees…

“People who have strong belief in the LG Way”

16,062 9,373

Korea Operations

Passion for Global No.1

Our world-class employees are thereason we are becoming a leadingglobal company

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GLOBAL BUSINESS

At LG Chem, we are becoming more global every day. Our products and services are

creating value and transforming life for customers across China, Asia, the Americas, and

Europe. We are tailoring our aggressive global strategy to the needs and circumstances of

each market as we set our sights on becoming one of the world’s largest and most-

profitable chemical makers.

Overseas Sales in USD millions

Our Global Business is Growing

We operate worldwide through a global

network of 29 business locations in 15 countries. This

network includes a holding company in China, 14 overseas

manufacturing subsidiaries, five marketing subsidiaries,

seven representative offices, and two R&D centers.

Despite challenging market conditions in 2010, our focus

on improving the profitability of our local sales operations

helped us generate significant qualitative growth.

Overseas markets generated more than USD 10.52 billion

in sales during the year, representing over 63% of total

sales. Overseas business accounts for 65% of the

petrochemical sector s total business, 40% of information

technology and electronic materials, and 91% of batteries.

Not only did China continue to dominate our global

business strategy, accounting for 63% of overseas sales,

but it also emerged as our second domestic market. In

addition, we reaped the benefits of market diversification

as sales continued to rise in North America, Europe, and

Japan, as well as emerging markets such as India, South

America, the Middle East, and Africa. We continue to

localize our operations and enhance the capabilities of our

local staffs through short-term training sessions at our

headquarters and a numerous other initiatives.

As we look ahead to the future, we are formulating

market-specific strategies and expanding our business

infrastructure in each region as we steadily diversify into

new markets worldwide. Beyond enabling us to grow our

information technology and electronic materials, our

global network is helping us secure the world’s most

advanced technologies, making us an even more

formidable competitor in the global marketplace.

2010 Overseas Sales

63%_ China

37%_ Rest of World

Our focus is on bringing greatervalue to customers around the globe.

7,522

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77%_ Petrochemicals

11%_ IT & Electronic Materials

BY CATEGORY

12%_ Batteries

BY REGION

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GLOBAL BUSINESS

China Sales in USD millions

* Figures include both direct exports and sales by local subsidiaries in mainland China and Taiwan.

Rest of World Sales in USD millions

CHINA

LG Chem has been operating subsidiaries such

as ABS, EP, PVC, EDC, VCM, SBL, and SBS since it entered the

Chinese market. It also established its first manufacturing

subsidiary there, LG Yongxing, and expanded into new areas such

as secondary batteries and polarizers in 2003. Today, LG Chem

(China) Investment Co., Ltd.-our local holding company-oversees

one marketing and ten manufacturing subsidiaries. We continue to

steadily expand our R&D and training capabilities here as we

become an increasingly important employer in the local economy.

A rising local petrochemical capacity has recently begun to put

downward pressure on prices. LG Chem responded by shifting its

focus to boosting our cost competitiveness in the petrochemicals

field, as well as focusing on developing growth engines in the

information technology and electronic materials fields. With local

PVC production capacity holding steady at 400,000 tons, we are set

to increase our ABS capacity in Hunan Province by 300,000 tons,

from the current capacity of 600,000 tons, by 2015, solidifying our

position as a global market leader.

We will continue to assemble a more robust and profitable

business portfolio in the coming years by enhancing our local cost

competitiveness in petrochemicals - our largest business field - as

we step up exports of value-added products. We will also be actively

pursuing new growth opportunities as we shift our focus to door

and window systems, high-gloss sheets, LCD polarizers and other

promising industrial, information technology, and electronic

materials.

C H I N A UNITED STATES

Despite an unfavorable real estate market, we

continue to expand our customer and revenue base in the solid

surface field as we aggressively pursue opportunities in

petrochemicals, batteries, auto interior coverstocks, and other fields.

In particular, we are aggressively looking to advance into the North

American market, as was backed up by our groundbreaking

ceremony in July 2010 for electric car batteries in Holland, Michigan,

which was attended by VIPs that included President Obama.

EUROPE

LG Chem Europe GmbH is actively targeting

end-consumers to boost profitability with higher-margin specialty

product sales across the continent. We are carrying out localization

projects at a steady pace, including the commissioning of a polarizer

post-processing plant in Poland. In the future, we aim to grow sales

of value-added products as we build a high-performance business

network.

BRICs

We have actively pursued opportunities in India

since establishing LG Polymers India in Vizag in 1996. The steady

growth of India s auto, construction, and home appliance industries

makes the PVC and ABS businesses our primary targets. Since

setting up our Moscow office in 2004, we have expanded its

marketing mandate beyond Russia to cover the CIS and Far East.

Founded in 2005, our Brazil marketing subsidiary continues to

increase petrochemical sales throughout Latin America.

R E S T O F W O R L D

5,1056,630

09 10

5,069

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2,417

3,893

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08

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GLOBAL NETWORK

Manufacturing Subsidiaries

Marketing Subsidiaries

Representative Offices

Domestic Plants

Head Office

Ochang Techno ParkCheongju Plant

Ulsan Plant

Onsan Plant

Yeosu PlantNaju Plant

Iksan Plant Gimcheon Plant

Daesan Plant

Research Park

R&D Center

Paju Plant

Marketing SubsidiariesManufacturing Subsidiaries Representative Offices

Location

Tianjin

Tianjin

Tianjin

Ningbo

Guangzhou

Tianjin

Nanjing

Beijing

Taipei

Wroclaw

Mumbai

Vizag

Ho Chi Minh

Holland

Huizhou

Location

Beijing

Shanghai

Guangzhou

Nanjing

Chongqing

Qingdao

Shenzhen

Yantai

Hong Kong

New Delhi

New York

Los Angeles

San Jose

Austin

Houston

Sao Paulo

Frankfurt

Name

LG Chem (China) Investment Co., Ltd.

LG Chem Hong Kong Ltd.

LG Chemical India Private Ltd.

LG Chem America, Inc.

LG Chem Brasil, Ltd.

LG Chem Europe GmbH

Location

Moscow

Istanbul

Ho Chi Minh

Bangkok

Tokyo

Jakarta

Singapore

Name

LG Chem, Ltd. Moscow Office

LG Chem, Ltd. Istanbul Office

LG Chem, Hochiminh Office

LG Chem, Ltd. Bangkok Office

LG Chem, Tokyo Office

LG Chem, Jakarta Office

LG Chem, Singapore Office

Domestic Plants

Research Park

Area_ 85,530 m2

Major Business_ New Materials Research

Ulsan Plant

Area_ 12,161 m2

Major Businesses_ Plasticizers

Yeosu Plant

Area_ 991,735 m2

Major Businesses_ NCC, SM, PE, PVC, VCM, ABS, SAN, EPS, Acrylates,

Octanol, NPG, SBS, MBS, BPA

Naju Plant

Area_ 562,793 m2

Major Businesses_ Octanol, Butanol, Plasticizers, Acrylic Acid

Daesan Plant

Area_ 1,297,477 m2

Major Businesses_ NCC, EO/EG, SM, BD, MTBE, PE, PP, Synthetic Rubbers,

PVC, VCM

Cheongju Plant

Area_ 226,490 m2

Major Businesses_ Electrolytes, PCM, Photoresists, Secondary Batteries

Gimcheon Plant

Area_ 24,800 m2

Major Businesses_ SAP (Super Adsorbent Polymer)

R&D Centers

Location

Troy

Tokyo

Name

LG Chem Power Inc.

LG Chem, Ltd. Japan R&D Center

Paju Plant

Area_ 390,000 m2

Major Businesses_ LCD Glass Panels

Iksan Plant

Area_ 94,636 m2

Major Businesses_ ABS Compounds, EP

Ochang Techno Park

Area_ 248,209 m2

Major Businesses_ Rechargeable Batteries, Display Materials, Optical

Materials

Name

Tianjin LG DAGU Chemical Co., Ltd.

Tianjin LG Bohai Chemical Co., Ltd.

Tianjin LG Botian Chemical Co., Ltd.

Ningbo LG Yongxing Chemical Co., Ltd.

LG Chemical (Guangzhou) Engineering Plastics Co., Ltd.

LG Chem (Tianjin) Engineering Plastics Co., Ltd.

LG Chem (Nanjing) Information &

Electronics Materials Co., Ltd.

LG Chem Display Materials (Beijing) Co., Ltd.

LG Chem (Taiwan), Ltd.

LG Chem Poland Sp. z o.o.

LG Polymers India Privat Ltd.

LG VINA Chemical J/V Company

LG Chem Michigan Inc.

CNOOC & LG Petrochemicals Co., Ltd.

• NCC / Polyolefins• Rubbers / Specialty

Polymers• PVC• ABS / EP• Acrylates / Plasticizers

• Batteries • Optical Materials• Electronic Materials• Techno-films

PETROCHEMICALS

IT & ELECTRONIC MATERIALS

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BUSINESS DOMAIN

At LG Chem, our goal is to produce and deliver the essential

materials and solutions that help industries grow and make life

more convenient and comfortable for customers around the world.

Our vertically integrated Petrochemicals business manufactures

basic naphtha feedstocks, polyolefins, synthetic rubbers and

specialty polymers, PVC resins, ABS resins, engineering plastics,

acrylates, plasticizers, and other high-quality petrochemicals. Our

IT & Electronic Materials business manufactures high-tech lithium-

ion and lithium-ion polymer batteries, optical materials, electronic

materials, and Techno-films. Join us now for a closer look at the

dynamic and innovative materials and solutions that our six decades

of experience, expertise, and technology are bringing to life.

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Our mergers with LG Daesan Petrochemicals in 2006

and LG Petrochemical in 2007 have given us a vertically integrated production

system that continues to enhance the synergy of our operations. At the same

time, our recently expanded ABS plant in China has solidified our position as

the global ABS industry leader, while our new styrene-butadiene latex (SBL)

plant there is now playing a key role in expanding the weighting of specialty

product grades in our portfolio.

Today, we continue to systematically lay the

foundation for future growth. At home, we are steadily expanding the capacity

of our Daesan naphtha cracking center. In China, we are growing our PVC

business as we enter the specialty polymers business. In the longer term, our

increasing vertical integration will enhance our revenue base as we focus on

upgrading and streamlining our business operations and selectively developing

innovative new products that will improve our bottom line.

At LG Chem, we are a major global supplier of quality petrochemicals ranging frombasic distillates to specialty polymers. Our extensive experience and advancedtechnology are enabling us consistently break new ground in the industry with high-performance products.

We support our customers in their quest for success bybeing a reliable source for chemicals and polymers.

PETROCHEMICALS

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PVC

Polyvinyl chloride (PVC) is widely used in pipes,

flexible and rigid sheets, window profiles, and floorcoverings. Our

PVC lineup includes straight, paste, and specialty resins.

Continuous expansion and debottlenecking of our PVC plants in

Korea and China has made us one of the world’s largest producers.

Our vinyl chloride monomer (VCM) and ethylene dichloride (EDC)

plants that came online in China in 2007 have further enhanced our

cost competitiveness.

ABS / EP

Acrylonitrile-butadiene-styrene (ABS) resins

are produced with SM feedstock and are extensively used in electric

and electronic devices, auto parts, industrial materials, and

everyday plastics. Our recently expanded China plant has increased

our annual production capacity to 1.3 million tons, making us the

global industry leader in both scale and market share.

Engineering plastics (EP) resins are used in applications such as

electric and electronic components, auto parts, and conductive

materials. We can produce 250,000 tons of EP resins annually. Our

high-performance resins have outstanding mechanical and thermal

properties that make them ideal structural materials and suitable

alternatives for metals and thermoset resins.

ACRYLATES / PLASTICIZERS

Acrylic acid and esters are widely used as

feedstocks to make super-absorbent polymers, textiles, paints,

adhesives, and impact modifiers due to their superior reactivity. We

produce isopropyl alcohol (IPA), a solvent used in paints and inks,

and high-purity IPA for cleaning semiconductor wafers and LCDs.

We have also developed neopentyl glycol (NPG) for use in saturated,

unsaturated, and urethane resins as well as water-soluble

polycarboxylic copolymers for use in high-performance concrete

admixtures and pressure sensitive adhesives (PSA) designed for

display films. In 2008, we have acquired the superabsorbent

polymer (SAP) business to integrate the SAP business with existing

acrylic monomers business.

Plasticizers are added to resins and polymers to improve their

workability and physical properties. We currently produce

commodity and specialty plasticizers. Our eco-friendly glycol-based

plasticizer-an industry first-has established us as one of the

industry’s most innovative makers.

AC

RYLA

TESA

BS

Acrylates get their excellent

chemical reactivity from the

double bond and functional group

of their molecular structure. Their

many applications include highly

absorbent resins, textiles, paints,

adhesives, and impact modifiers.

These thermoplastic resins are

used in electric and electronic

components, auto parts, industrial

materials, and a wide variety of

everyday plastic products. Our

plants in Korea and China have a

combined capacity of 1.06 million

tons, making us the global market

leader in the transparent and

heat-resistant ABS market

segments.

NCC / PO

Our mergers with LG Daesan Petrochemicals in

2006 and LG Petrochemical in 2007 have enabled us to achieve full

vertical integration in the PVC and ABS businesses. Our naphtha

cracking centers (NCC) in Yeosu and Daesan thermally “crack” or

break down naphtha into feedstocks such as ethylene, propylene,

mixed C4s, and pyrolysis gasoline that we sell worldwide for use in a

wide range of downstream products such as polyolefins (PO),

bisphenol A (BPA), ABS, PVC, octanol, acrylic acid (AA), synthetic

rubbers (SBR/BR), styrene monomer (SM), and ethylene glycol (EG).

We increased our production of ethylene to 1.95 million tons and

propylene to 1.1 million tons annually by adding new NCC facilities in

2010 and 2011. Polyolefins are polymers such as polyethylene (PE)

and polypropylene (PP), both plastic resins known for outstanding

work ability. They are used to make electric wire insulation, films,

pipes, and a wide range of injection-molded products. The quality of

our PO products is recognized worldwide.

SYNTHETIC RUBBERS & SPECIALTY POLYMERS

We produce a broad lineup of synthetic rubbers

and specialty polymers using Butadiene (BD), SM and Benzen as

our primary feedstocks. Our styrene-butadiene rubber (SBR) and

butadiene rubber (BR) products are used in tires, shoe soles, while

our acrylonitrile butadiene rubber (NBR) is used for shoe soles,

gaskets, and hoses.

In the specialty polymers field, we produce methyl methacrylate-

butadiene-styrene (MBS) impact modifiers for PVC products,

styrene-butadiene-styrene (SBS) with rubber-like elasticity that is

ideal for asphalt and waterproof sheets, adhesives, and shoe soles

as well as a plastic modifier, SB Latex, raw material for paper

coating, NBR Latex for Nitrile Gloves, and BPA for polycarbonate

and epoxy resins.

PETROCHEMICALS

BA

SIC

FEE

DST

OC

KS

RU

BB

ERS/

SPEC

IALT

Y P

OLY

MER

SP

VC

Our Yeosu and Daesan NCCs

thermally crack naphtha to

produce ethylene, propylene,

butadiene, benzene, and other

basic feedstocks. Our 2006~2007

center expansion projects in-

creased ethylene production

capacity to 1,660,000 tons and

propylene capacity to 960,000

tons.

Major Product Categories

Our primary synthetic rubber

products are SBR and BR, both

commonly used in tires and shoe

soles. They are known for their

excellent abrasion resistance,

tackiness processability, rebound,

and low-temperature properties.

SBS is a specialty polymer used

primarily as an asphalt modifier to

improve elasticity, impact re-

sistance, and durability.

We produce PVC straight, paste,

and specialty resins for use in

pipes, flexible and rigid sheets,

window profiles, floor coverings,

and many other products. We also

produce the non-toxic PVC resin

for food and beverage packaging.

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At LG Chem, we supply rechargeable lithium-ion and lithium-ion polymer batteries, optical materialssuch as LCD polarizers, color filter photoresists, and PDP filters, and electronic materials such asprinted circuit board materials and toners to a client list that includes some of the world’s biggestelectric and electronics manufacturers. Our ongoing investment in R&D, innovative products, andprogressive marketing continues to make this our fastest-growing business area.

We help our customers make tomorrow happen today with advanced materials and solutions for the information revolution.

IT & ELECTRONIC MATERIALS We continue to increase the capacity utilization ratio of

our battery business. Our recently expanded mobile-phone battery line in Nanjing,

China has boosted our overseas production capacity to 10 million cells annually. We

are also stepping up our investment in LCD polarizer production with a ultra-wide

lines in Ochang, Korea as well as additional back-end processing capacity in China

and Taiwan as we position ourselves for growth in those markets.

Looking ahead to the future, our goal is to raise IT &

Electronic Materials Group sales from the current 20% level to 30% of the total by

2012. Toward this end, we will focus on developing value-added optical materials,

gaining a cost edge in batteries by bringing production of key materials in-house,

and building a presence in the medium- and large-format battery fields. We will

also be expanding our business portfolio into profitable, fast-growing clean energy

fields and nanomaterials.

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Display today. The immensely improved viewing angle and brightness

are also attributable to the development of Polarizers. By 2006, LG

Chem co-developed the world s first 100 LCD panel. By 2007, we

were leading the polarizer market in the monitor segment. Two years

later, LG Chem became number one in the overall polarizer

business. That position is still held by LG Chem today.

Electronic Materials

LG Chem develops and produces a wide variety

of display materials, ranging from photoresists and strippers to

OLED (Organic Light-Emitting Diode) materials. LG Chem s

Photoresists for TFT-LCD is known to have the industry s highest

contrast rate. Our Photoresists color reproduction range helps

reproduces images with superior depth and detail. Strippers are

processing chemicals essential to the TFT-LCD manufacturing

process, used for circuit fabrication. OLEDs are expected to lead the

next generation of display technology. The efficiency of the OLED

device is directly influenced by its Materials. LG Chem s OLED

Materials (HIL: Hole Injection Layer, ETL: Electron Transporting

Layer, EM: Emitting Layer) happen to be the strongest in the

industry, in terms of low power consumption and high efficiency.

Color Filter Photoresist

Photoresists improve the contrast

ratio and color reproduction of

TFT-LCD panels. We currently

produce color, column spacer,

overcoat, and black matrix

photoresists. As the developer of

the industry’s highest contrast-

ratio color filter photoresist

solution, we continue to break

new ground in both technology

and quality for our customers.

In addition to display materials, LG Chem produces a wide range of

printing, battery, and PSB (Printed Circuit Board) materials. LG

Chem currently supplies toners for copiers and laser printers to

more than 150 manufacturers worldwide. LG Chem s Battery

Materials (electrolytes and cathodes) is a strategic area in which

we are pursuing to enhance the competitiveness of our battery

lineup. Our development efforts are focused on improving the

capacity, stability, and overall performance of rechargeable

batteries. LG Chem s Printed Circuit Board Materials (CCL:

Copper-Clad Laminates, RCC: Resin-Coated Copper foil, 2CCL: 2

Layer CCL) assist the development of semiconductors by enabling

high-density circuit design. The evolution continues as we are

currently making the transition into producing high-tech IC

packaging materials.

IT-Films

LG Chem is also involved in the development

of BLU (Back Light Unit) films for displays. In 2007, we have

commenced the commercial production of our LSFs (Light Shaping

Film). This film enhances the display s efficiency by concentrating

the light from the BLU into an optimal viewing angle. LG Chem

produces its own Protective Film for Polarizers. Our Protective

Films are well known for its anti-static, anti-pollution, and optimal

peel-off qualities. Finally, LG Chem s DAFs (Die Attach Film)

improves the productivity in the semiconductor packaging process

with its superior quality and high reliability.

Batteries

We completed development and began mass

production of Korea’s first lithium-ion batteries back in 1999. By

the end of 2008, we were the world’s fourth-largest maker with an

annual production capacity of 40 million cells, including 30 million

cells in Korea and 10 million overseas. As the first in the industry to

commercially produce 2,800 mAh cells, we are considered to be

one of the technology leaders in the field.

We produce both lithium-ion and lithium-ion polymer rechargeable

batteries. Lithium-ion batteries come in cylindrical or prismatic

cells, exhibit no memory effect, and have a high energy density and

nominal voltage. They also have multiple safety features that make

them ideal for notebook PCs, camcorders, mobile phones, and

other personal electronic devices. Lithium-ion polymer batteries

offer more freedom in battery shape than lithium-ion cells,

enabling the battery to be easily and perfectly tailored to fit the

device. Their energy density is also superior to conventional cells,

allowing significant weight savings to be achieved.

Medium-and Large-sized Batteries

Medium-and large-format batteries are high-

output, high-capacity devices with a long list of applications

including robots, robot vacuum cleaners, electric bicycles, electric

wheelchairs, and electric-and hybrid vehicles. Since beginning

commercial production of these batteries in 2005, we have

continued to enhance our competitiveness by working closely with

major customers. We are also positioning ourselves for future

growth by accelerating development of low-cost, high-efficiency

clean energy solutions.

Optical Materials

The Polarizer is an essential component for LCD

Displays. Our innovations on the Polarizer have contributed greatly to

bringing you the clear and natural screen you see on your LCD

IT & ELECTRONIC MATERIALS

Rec

harg

eabl

e B

atte

ry

LCD

Pol

ariz

erPD

P Fi

lter

Lithium-ion batteries are known

for their stable discharge voltage

and long service lives. Cylindrical

batteries are used in high-drain,

high-power applications such as

notebook PCs and power tools,

while prismatic batteries are used

for mobile devices such as phones

and digital cameras. Lithium-ion

polymer batteries can easily be

sized and shaped to match the

application, making them ideal for

devices that are ultra-light and

ultra-slim as well as high-volume

objects such as automobiles.

Major Product Categories

TFT-LCD panel performance

ultimately depends on the quality

of polarizers used. We developed

our own LCD polarizer technology

and began commercial production

backin 1999. Our high performance

polarizers are recognized around

the world for their outstanding

optical, thermal, and adhesive

properties.

Plasma TVs depend on glass or

film PDP filters to improve their

optical performance. These filters

perform a number of important

functions such as correcting and

improving color reproduction,

improving contrast, preventing

reflections, and blocking near-

infrared light and electromagnetic

emissions.

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Our pursuit of a sustainable future begins with a

commitment to balanced environmental, social and economic growth. We

pursue green management in an effort to protect both human beings and

nature by seeking a balance between business activities and the environment.

As a result, we have made environmental protection one of our most

important goals based on two principles: Creating value for customers and

Respecting human diginity.

Our social commitment also plays a key role in

our strategy for sustainability. We follow a strict code of conduct as we strive to

be a transparent and responsible company that stakeholders can trust. We

sponsor outreach programs to help the youth better understand chemistry.

We are also actively involved in making our communities better places to live

through fundraising and volunteer service. In these and many other ways, we

are taking the lead in making the world a healthier, safer, warmer and more

beautiful place to live.

We are dedicated to creating value

through continuous communication with

our stakeholders and practicing

responsibility as we work for a

sustainable future.

SUSTAINABILITY MANAGEMENT

At LG Chem, we’re working for a world that’s clean and green,

a society that’s bright and full of hope and a future that’s

healthy and prosperous for all.

Customers &

BusinessPartners

Investors

LocalCommunities

Employees

LG Chem

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Environment/Safety Management System

Each and every business location has

established environment/safety policies based on company-wide

environmental regulations and safety/health guidelines, as well as

LG Chem management principles. We have adopted environment

and safety management systems that include the ISO14001,

OHSAS18001, and KOSHA18001. This has enabled us to improve

environmental management, risk evaluation, environment and

safety training, and emergency programs. In addition, LG Chem has

integrated and refurbished various environment and safety systems

based on Responsible Care, our voluntary sustainability program, in

order to create better results and in a more efficient way.

Furthermore, we have drawn up with annual plans at each business

location to be better prepared for environment and safety

investigations, including an environment performance index (EPI) to

complete our systematic environmental management system.

Designing Eco-Friendly Products

LG Chem has come up with an eco-design

process which analyzes the environmental effects of a product

throughout its lifecycle, from product development and purchase of

raw materials to manufacturing, consumption, and disposal. We

also try to reduce the environmental burden generated through

production by developing products that are both durable and

harmless, while increasing the recycling rate of products after they

are disposed of.

Green Certification of Partner Companies

LG has instituted green certification guidelines

to proactively respond to domestic and international regulations,

such as RoHS (Restriction of Hazardous Substances) and REACH

(Registration, Evaluation, Authorization and restriction of

Chemicals), while at the same time implementing a green

certification system since 2006. We are also doing our utmost to

reduce the risks related to toxic substances contained within

products in our supply chain through training and carrying out

investigations at partner companies.

ERP-Based Chemical Substance Management System

LG Chem established CHARMs (Chemical

Assurance and Regulation Management System), an ERP-based

management system which deals with chemical substances in

products, and has been utilizing it to ensure that products do not

contain harmful substances and comply with major environmental

regulations such as REACH and RoHS. CHARMs integrates all

aspects of the existing substance management process, from

purchasing and warehousing to manufacturing and shipping.

CHARMs has allowed LG Chem to count, search (on a quantitative

basis), and manage every single item and chemical substance

coming into and going from the company. Based on this system, we

will be able to deal with changing market needs more astutely in

the future.

Energy-Saving Measures

LG Chem is establishing eco-friendly

production processes through innovative energy-saving measures,

transforming itself into a low energy consuming structure which

optimizes energy efficiency and improves energy management

technology. We are also developing technologies to save energy and

promote the exchange of information by assigning relevant tasks to

headquarters and other business sites.

Responding to the Convention on Climate Change

By phasing in and carrying out steps to respond

to the UNFCC effectively, LG Chem is supporting the alleviation of

global warming even as it pursues sustainable growth. In fact, LG

Chem has not only established teams under the CEO to

systematically deal with climate change but has also come up with

a proactive response system that connects headquarters with each

business site. There are personnel in place at each business site

who are responsible for gathering information and reporting on

greenhouse gas emissions, as well as developing projects to reduce

emissions. At the same time, headquarters analyzes international

trends, cooperates with all levels of the government, collects

information, provides training and develops mid- and long-term

strategies.

LG Chem has established a vision and conducted action plans to respond tovarious issues with the environment, safety, the environmental impact of products (EIPRO),energy, and the UNFCCC (UN Framework Convention on Climate Change). Our priority is to createa sustainable harmony between business and the environment. To ensure compliance withstringent product environmental regulations such as REACH and other environmental standardsin the developed markets such as the EU, we put in place an eco-product taskforce team toaddress specific issues by each product group. In addition, a climate TFT was set up amidst risingconcerns over weather abnormalities and global warming caused by greenhouse gases. The teamdevelops strategic initiatives and action plans and implements them in stages.

ENVIRONMENTAL RESPONSIBILITY

• LG Chem Green Management Strategy System

�Ensuring absolute safety�Environmental safety risk management�Continuous improvement of the

environment

�Responsibility for products throughouttheir lifecycle

�Product stability�Advocacy�Effective responses to regulations

Responding to Energy and

Conventions onClimate Change

�Become an energy-saving structure�Maximize energy efficiency� Improve energy management technology

Establishing an Eco-FriendlyManufacturing Process

EnvironmentalImpact of Products

(EIPRO)

Partners for Eco-Friendly Products andSolutions

Strengthening Environmental and SafetyCompetitiveness and Practices

Environment/Safety

A global corporation providing differentiated values for customers through eco-friendly materials and solutions

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• Junior Science Class • Chemistry Camp • Community Service

SOCIAL RESPONSIBILITY

“Jeong Do” Management is the paradigm that guides us in our quest to be atransparent and responsible corporate citizen. Our educational outreach programs are helpinginspire tomorrow’s scientists. We also bring hope and smiles to our neighbors throughcommunity service and support programs. These are just a few of the ways we’re laying thefoundation for a brighter future.

Bringing Hope and Smiles to Our Neighbors

As a responsible corporate citizen, we are

actively involved in making our local communities better places to

live. We have adopted farming villages as well as local mountains

and streams to help improve rural quality of life and keep nature

clean. Our Twin Angel Fund matches employee contributions to

make a bigger impact in local communities. Distributed through

volunteer service teams at each workplace, the fund aids local

welfare organizations, helps the less fortunate, grants

scholarships, and supports many other activities.

LG WAY

Vision

Code of Conduct

ManagementPhilosophy

No.1 LG

LG will succeed through the constant development ofcapability based in ethical management

LG's management principles state the purpose of LG'sbusiness activities, and also provide a basis for it's operations

LG's vision is to become the market leading company withbroad market recognition

"Jeong Do" Management

Creating Value for Customers Respecting Human Dignity

Standing Up for Transparency and Integrity

“Jeong Do” Management defines both our code

of conduct and corporate culture. It embodies our determination to

be a transparent company trusted by both our customers and the

public. We have taken a very deliberate and systematic approach in

our pursuit of integrity in management. We have established

performance indicators and a compliance program. We have ethics

teams at each plant and subsidiary as well as an ethics hotline to

report unethical or illegal behavior. We also have lectures, on-line

training, workshops, and one-on-one counseling to ensure our

employees are equipped and committed to practicing integrity in all

aspects of their jobs.

Sharing the Wonders of Chemistry

We sponsor or co-sponsor a number of

educational outreach programs for primary and secondary youth to

create interest in chemistry and inspire the next generation of

scientists. We host Chemistry Camp several times a year for middle

schoolers. We also co-sponsor the annual Chemistry Frontier

Festival for high schoolers, a science fair that solicits projects in the

environment, energy, life science, sociology, information

technology, and traditional Korean science fields.

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MILESTONES

1990'SJAN. 1947 Established as Lucky Chemical Industrial Corporation

(manufacturing of cosmetics begun)NOV. 1951 Moved to Bujeon-dong, Busanjin-gu, Busan, Korea

(Produced Korea’s first injection-molded products)JUN. 1954 Busan Yeonji plant constructed (extension of synthetic resin

processing facilities)MAR. 1959 Established Lucky Oil & Fat ManufacturingAUG. 1962 Established Lucky Vinyl Ltd.JAN. 1966 Renamed Lucky Chemical Industries Co., Ltd.MAR. 1966 Established Korea’s first synthetic detergent plant in AnyangOCT. 1969 First listed on the Korea Stock ExchangeFEB. 1974 Renamed Lucky Ltd.NOV. 1976 Commissioned Yeosu PVC paste resin plant AUG. 1978 Commissioned Ulsan FRP plantDEC. 1979 Lucky Central R&D Center opened in DaedukSEP. 1982 Expansion of Yeosu PVC paste resin plant completedMAR. 1984 Acquired Korea General Chemicals’ Naju octanol plantJAN. 1985 Commissioned Yeosu PS plantMAY 1987 Commissioned Naju acrylate plantOCT. 1992 Commissioned Yeosu PA plantAPR. 1993 Developed and marketed industry’s first HCFC-resistant

synthetic resinOCT. 1994 Completed Lucky Research ParkFEB. 1995 Renamed LG Chem, Ltd.NOV. 1996 Acquired India’s Hindustan Polymers Ltd.APR. 1997 Completed expansion of Yeosu acrylate, EDC/CA, and

VCM plantsDEC. 1997 Named one of Asia’s top companies by EuromoneyJUL. 1998 Commissioned Ningbo ABS plant in ChinaFEB. 1999 Two million global depository receipts issued (first time for a

listed company in Korea)SEP. 1999 Commissioned Cheongju secondary battery, phosphor, and

copper-clad laminate plantsOCT. 1999 Commissioned IT & Electronic Materials (lithium-ion battery,

optical materials, and MBL negatives) plant, commercializedcolor filter photoresists for LCD panels

2000'SJUL. 2000 Developed Phosphor for PDPOCT. 2000 Completed 90,000 mtpa expansion of Ningbo ABS plantNOV. 2000 Acquired Hyundai Petrochemical°Øs PVC businessMAR. 2001 Founded battery developer Compact Power, Inc. in the U.S.APR. 2001 Demerged into three separate companies: LG Chem

Investment, LG Chem, and LG Household & Health CareOCT. 2001 Completed 90,000 mtpa expansion of Tianjin PVC plantFEB. 2002 Completed Cheongju polarizer plant expansion

APR. 2002 Completed expansion of Cheongju plant, doubling thecapacity of secondary batteries with KRW 100 billioninvestment

AUG. 2002 Commissioned Guangzhou EP compound plantDEC. 2002 Completed 150,000 mtpa expansion of Ningbo ABS plantJUN. 2003 Acquired Hyundai Petrochemicals through consortium with

Honam PetrochemicalsJUL. 2003 Completed 100,000 mtpa expansion of Tianjin PVC plantAUG. 2003 Established Nanjing IT & Electronic MaterialsMAR. 2004 Completed Ochang Techno Park production complexJUN. 2004 Established Ningbo SBL joint ventureJUL. 2004 Established marketing subsidiary LG Chem (Taiwan), Ltd.NOV. 2004 Commissioned Guangzhou ABS plantDEC. 2004 Established LG Chem (China) Investment Co., Ltd.JAN. 2005 Established LG Daesan PetrochemicalsJUN. 2005 Established joint R&D lab with Moscow State UniversityJUL. 2005 Established sales subsidiary LG Chem Europe GmbHJUL. 2005 Completed expansion of Yeosu acrylate facilities,

raising capacity to 95,000 mtpaNOV. 2005 Established LG Chem Poland polarizer back-end subsidiaryDEC. 2005 Completed expansion of Ochang polarizer (26 million m©˜)JAN. 2006 Merged with LG Daesan PetrochemicalsDEC. 2006 Completed expansion of Ochang polarizer (49 million m©˜)APR. 2007 Completed expansion of Daesan NCC, raising ethylene

capacity to 260,000 mtpa and propylene ethylene capacity to130,000 mtpa

NOV. 2007 Merged with LG Petrochemical Co., Ltd.MAR. 2008 Signed an OLED high-efficiency development agreement

with UDCAUG. 2008 Concluded an MOU to develop car batteries with the Ministry

of Knowledge and Economy and Hyundai Motor CompanySEP. 2008 Acquired Kolon’s SAP BusinessSEP. 2008 Developed and produced elastomer, Korea°Øs first high

added-value resinAPR. 2009 Industrial Materials Business (LG Housys) spun offMAY 2009 stablished Tianjin SBS manufacturing subsidiaryJUN. 2009 Started construction of car battery plant in

Ochang Techno ParkSEP. 2009 Started construction of TFT-LCD Glass plant in LG Paju

Industrial ComplexJAN. 2010 Established joint venture with Hyundai Mobis called HL Green

Power Co.,APR. 2010 Completed expansion of Yeosu NCC, raising ethylene capacity

to 100,000 mtpa and propylene capacity to 40,000 mtpaJUL. 2010 Started construction of car battery plant in MichiganOCT. 2010 Became 100% shareholder of LG Polycarbonate (through 50

percent acquisition of DOW Chemical shares)

MILESTONES

BOARD OF DIRECTORS

Peter Bahnsuk KimVice Chairman & CEOLG Chem, Ltd.

Yu-Sig Kang Vice Chairman & CEOLG Corp.

Suk-Jeh ChoPresident & CFO, LG Chem, Ltd.

Il-Jin ParkPresident, IJ International

Ki-Myoung NamProfessor, Law School,Chungnam National University

Seung-Mo OhProfessor, School of Chemical and Biological EngineeringSeoul National University

Se-Jin KimPresident, Korea Asset Pricing

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