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LG Polymers Belongs To S.Korean

Visakhapatnam: LG Polymers India, a chemical plant in Visakhapatnam, is part of the South Korean group LG Chemical and is headquartered in Mumbai.

Founded as Hindustan Polymers in 1961 for making polystyrene and its co-polymers at Visakhapatnam, the company was merged with McDowell & Co Ltd of UB Group in 1978.

S.Korean group LG Chemical looked at India as an important market and acquired Hindustan Polymers from UB group and renamed it as LG Polymers India in 1997.

 

 

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