LG Chem to Restructure Bisphenol A Business, Evaluating Partial Stake Sale or Joint Venture Formation

LG Chem is advancing structural reorganization for its bisphenol A (BPA) business, a general petrochemical product line, with plans that may include equity divestment. Industry observers widely regard this as a strategic step to restructure low-margin commodity chemical operations while repositioning toward high value-added business segments.

 

On April 8, 2026, LG Chem carried out strategic cooperation due diligence for the BPA business division with Kukdong Chemical and Samil PwC at LG Chem’s Daesan Plant in Chungcheongnam-do, Republic of Korea. The company is assessing multiple restructuring alternatives, among which are the partial sale of equity in the BPA business and the formation of a joint venture (JV).