LG Polymers factory was originally established in 1961 as Hindustan Polymers to manufacture polystyrene. It was merged with McDowell & Co of the UB Group in 1978 and was taken over by South Korea-based LG Chem in 1997 which renamed it as LG Polymers. The factory manufactures general purpose polystyrene and high impact polystyrene, expandable polystyrene, and engineering plastics compounds.
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