LG Chem got there first. Founded in 1947, it was Korea's first chemical company. The company produces a variety of products, including cosmetics, personal care products, petrochemicals, pharmaceuticals, and specialty chemicals. It's divided into two segments. The Petrochemicals unit makes basic chemicals like ethylene, propylene, and their derivatives, as well as PVC, acrylates, and engineering plastics. The company's Information and Electronic Materials segment produces rechargeable batteries and display materials. It boasts 12 manufacturing subsidiaries and 20-plus marketing subsidiaries. Formerly the chemical division of the LG Group, the company went public in 2001, while LG still owns a third of LG Chem.