LG Chem Ltd. (Korean: LG화학), or also called LG Chemical, is the largest chemical company in Korea[1] headquartered in Seoul, South Korea. LG Chem is a chemical company with the 10th largest total sales in the world in 2017. [citation needed] This company was founded under the name Lucky Chemical Industrial Corporation to produce cosmetics. The company now only serves business-to-business sales, after its retail product division was separated into LG Household & Health Care.