NEW YORK and LONDON (PRNewswire) -- ICIS Chemical Business magazine is pleased to announce that South Korea-based LG Chem has been named the ICIS Company of the Year.
"Congratulations to LG Chem for an outstanding financial performance in
2009 - a difficult year in which most companies struggled with the impact of
the global economic crisis, " said Joseph Chang, Global Editor of ICIS
Chemical Business. "We commend CEO Peter Bahnsuk Kim and his team for their superb efforts."
In 2009, LG Chem registered an 8% increase in group sales in local
currency, a 45% increase in operating profits and a 51% jump in net income
for the year at a time when so many other firms experienced the worst of the
slump, noted ICIS Insight Editor Nigel Davis.
LG Chem's Executive in Russia James Han is going to participate in Russian Polymers Summit on October 14, 2010, organized by ICIS and MRC. For more information please refer to http://www.icisconference.com/russianpolymers/ Summit official web page.