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    A051910   KR7051910008

LG CHEM, LTD.

(A051910)
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End-of-day quote Korea Stock Exchange  -  2022-08-11
665000.00 KRW   +1.06%
08/05S.Korean shares post third straight weekly gain
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08/03LG Chem Submits an IND Application to the US FDA for Its First Independent Global Phase 3 Clinical Trial of Its New Gout Drug Tigulixostat
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LG Chem : Positive Transformation of Disposable Products Piled Up During COVID-19

06/13/2022 | 09:33pm EDT

The food containers we often ordered by delivery, the masks we used every day, and the vaccine syringes that protected our bodies during the pandemic are all made of a plastic called PP (polypropylene). This highly heat-resistant and transparent material has wide applications in everyday life, from bottled water lids to textiles and tape to auto parts.


LG Chem employs two recycling methods: mechanical and chemical recycling. Mechanical recycling cleans the sorted materials, dissolves them, and manufactures them again into pellets. Chemical recycling applies high-temperature, high-pressure steam to waste plastic to extract naphtha, the feedstock of PP. Recycled plastics created through this method are called post-consumer recycled (PCR) materials. In addition to PCR-PP, most plastics from LG Chem can be recycled into PCR materials.


By 2024, LG Chem plans to build Korea's first supercritical pyrolysis oil plant in Dangjin, Chungcheongnam-do.


At LG Chem, we connect science to every nook and cranny of life for a better future.

Disclaimer

LG Chem Ltd. published this content on 14 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2022 01:32:06 UTC.


© Publicnow 2022
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Analyst Recommendations on LG CHEM, LTD.
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Financials
Sales 2022 50 976 B 39,1 B 39,1 B
Net income 2022 2 601 B 1,99 B 1,99 B
Net Debt 2022 4 419 B 3,39 B 3,39 B
P/E ratio 2022 19,3x
Yield 2022 1,58%
Capitalization 49 185 B 37 702 M 37 702 M
EV / Sales 2022 1,05x
EV / Sales 2023 0,96x
Nbr of Employees -
Free-Float 59,6%
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Technical analysis trends LG CHEM, LTD.
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TrendsBullishBullishNeutral
Income Statement Evolution
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Mean consensus BUY
Number of Analysts 26
Last Close Price 665 000,00 KRW
Average target price 779 692,31 KRW
Spread / Average Target 17,2%
EPS Revisions
Managers and Directors
Hak Cheol Shin Chairman & Chief Executive Officer
Okdong Son President
Dong-Seok Cha Chief Financial Officer & Director
Ki-Soo No CTO & President-Executive Board
Young-Ho An Independent Director
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