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Published on 06/12/2025 at 20:14
SEOUL (Reuters) -South Korea’s LG Chem said in a regulatory filing on Friday it will transfer its water solutions business to Korea Water Solution Holdings for 1.4 trillion won ($1.03 billion).
(Reporting by Joyce Lee; Editing by Himani Sarkar)
© Reuters – 2025
Stocks mentioned in the article
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A051910: Dynamic Chart
LG Chem Ltd is a Korea-based company principally engaged in the manufacture of petrochemical materials. The Company operates its business through five segments. The Petrochemistry Business segment is mainly engaged in the manufacture of basic materials which are mainly used for petrochemical industry, and the products include polyvinyl chloride (PVC) resins, low-density polyethylene (LDPE), poly styrene (PS), and acrylonitrile butadiene styrene (ABS). The LG Energy Solution Business segment mainly engages in the manufacture of rechargeable batteries for mobile phone, automobile and storage batteries. The Advanced Materials Business segment mainly manufactures optical materials for manufacturing polarizers, and electronic materials including liquid crystal display (LCD) materials and cathode materials. The Life Science Business segment engages in the bio pharmaceutical business. The Common and Other segment manufactures and sells crop protection agents, fertilizers and seeds.
More about the company
Buy
Last Close Price
210,500.00KRW
Average target price
314,653.85KRW
Spread / Average Target
+49.48%
Consensus
Quarterly revenue – Rate of surprise
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