LG Chem Ltd. (SEO:051910) is a manufacturer engaged in the provision of petrochemical goods, plastics, flooring and automobile parts. The Company operates three main segments: petrochemical segment, which provides basic chemicals, polyvinyl chloride products, plasticizers, octanol, butanol, polyethylene compounds, acrylic acids, performance polymers, engineering plastics, elastomers, conductive resins and other chemicals; industrial material segment, which produces residential flooring, commercial flooring, wall covering, surface and decorative materials, advertising banner sheets and automotive components, and information and electronic material segment, which produces batteries, display and optical materials, printed circuit materials and toners. The Company established a new subsidiary, LG Chem Industrial Materials Russia, LLC, engaged in manufacturing and sale of windows and floor materials, on December 25, 2008.