LG Chem Read the bottom news links. LMAO. No wonde
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LG Chem Read the bottom news links. LMAO. No wonder they closed the Holland plant! they need shavers. LMAO! Convincing Women in China They're Too Hairy
Lg Chem Ltd (051910: Korea SE )
Lg Chem Ltd (051910) Snapshot
| Open 297,500 | Previous Close 299,500 | |
| Day High 298,500 | Day Low 289,000 | |
| 52 Week High 02/9/12 - 434,000 | 52 Week Low 06/4/12 - 261,500 | |
| Market Cap 19.2T | Average Volume 10 Days 321.0K | |
| EPS TTM 22,263 | Shares Outstanding 66.3M | |
| EX-Date 12/28/11 | P/E TM 13.0x | |
| Dividend 4,000 | Dividend Yield 1.38% |
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Lg Chem Ltd (051910) Details
LG Chem, Ltd. engages in the petrochemicals, information technology, and electronic materials business in South Korea and internationally. Its Petrochemicals segment engages in the production and supply of feedstocks, such as ethylene, propylene, mixed C4s, and pyrolysis gasoline that are used in a range of downstream products, including polyolefins, bisphenol A (BPA), acrylonitrile-butadiene-styrene (ABS), polyvinyl chloride (PVC), synthetic rubbers, styrene monomer, and ethylene glycol; styrene-butadiene rubber and butadiene rubber products that are used in tires, shoe soles, and high-impact polystyrene; acrylonitrile butadiene rubbers that are used for shoe soles, gaskets, and hoses; methyl methacry latebutadiene-styrene impact modifiers for PVC products; styrene-butadiene-styrene for asphalt and waterproof sheets and shoe soles; latexes for paper coating and gloves; and BPA for polycarbonate and epoxy resins. It also offers PVC that is used in pipes, flexible and rigid sheets, window profiles, and floor coverings; ABS resins that are used in electric and electronic devices, auto parts, and industrial materials; engineering plastics resins that are used in electric and electronic components, auto parts, and conductive materials; acrylic acid and esters that are used as feedstocks to make super-absorbent polymers, textiles, paints, adhesives, and impact modifiers; and plasticizers. The company’s Information and Electronic Materials segment manufactures and supplies display materials, such as LCD polarizers, sensitized materials, PDP filters, and toners; lithium-ion batteries and lithium-ion polymer rechargeable batteries, including medium and large-format batteries for application in robots, electric bicycles, electric wheelchairs, and electric and hybrid vehicles; display materials; and LCD polarizer protective films. The company was founded in 1947 and is based in Seoul, South Korea.
Lg Chem Ltd (051910) Top Compensated Officers
Lg Chem Ltd (051910) Key Developments
LG Chem, Ltd. expected to report Q3 2012 results on October 25, 2012. This event was calculated by Capital IQ (Created on October 19, 2012).
The landscape of the nation's car battery market is expected to change as SK Innovation Co., Ltd. has won a patent suit against LG Chem, Ltd. The key affiliate of SK Group was successful in its legal battle against LG Chem, citing a decision by the Korea Intellectual Property Tribunal (KIPO) to nullify LG's lithium-ion battery separator patent after filing a patent invalidity case late last year. It is as yet uncertain whether LG Chem will pay royalties to its cross-town rival while confirming it will appeal the ruling. In December, LG Chem filed a lawsuit with the Seoul Central District Court insisting that SK stole its patents. SK countersued, according to officials from the companies. SK looks confident to defeat LG Chem after winning against Japan-based company Tonen in a similar case, according to SK officials. A lithium-ion battery separator is considered a key part in the production process.
LG Chem, Ltd. reported consolidated earnings results for the second quarter and six months of 2012. For the quarter, the company reported sales of KRW 5,995,620 million against KRW 5,699,963 million a year ago. Operating income was KRW 502,955 million against KRW 775,384 million a year ago. Net profit from continuing operations before corporate income tax was KRW 480,065 million against KRW 786,148 million a year ago. Net income was KRW 373,853 million against KRW 624,467 million a year ago. For the six months, the company reported sales of KRW 11,748,690 million against KRW 11,190,849 million a year ago. Operating income was KRW 962,431 million against KRW 1,610,696 million a year ago. Net profit from continuing operations before corporate income tax was KRW 920,290 million against KRW 1,627,010 million a year ago. Net income was KRW 754,707 million against KRW 1,281,055 million a year ago.
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