4 FAQs about India lg chem

Who owns LG polymers India?

LG Chem took over Hindustan Polymers and renamed it LG Polymers India (LGPI) in 1997. The state government paid 375 million Indian rupees in compensation to the victims immediately after the accident, while LG Polymers has paid over 20 billion won ($14.4 million) in deposits as ordered by Indian authorities.

Who is LG Chemical India Private Limited?

Lg Chemical India Private Limited, a active private limited company, was established on 09 September 1996 in New Delhi, Delhi, India. Engaging in business & it consulting within the professional, scientific and technical sector, it holds CIN: U24290DL1996PTC081742. Registered under ROC Roc Delhi. it is unlisted.

Who is LG Chem?

The Petrochemicals Company is LG Chem's major business area with world-class productivity and cost competitiveness. We have established a vertically integrated system from basic raw materials such as ethylene and propylene to downstream products such as PE, ABS, and synthetic rubber.

What is LG India CSR Foundation?

LG Chem said the establishment of the LG India CSR Foundation is part of its efforts to take responsibility for a catastrophic gas leak at the LG Polymers India plant in 2020. The accident claimed 12 lives and injured hundreds. LG Chem has promised to provide around US$20 million in compensation to the victims of the incident.

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