Lotte Chemical Corp - Company Profile
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Business Description
Lotte Chemical Corp (Lotte Chemical) is a chemical company engaged in the production and distribution of a diverse range of chemical products. The company operates in the basic materials business, advanced materials business, fine chemical business, and battery material business. It manufactures and sells products such as polyethylene (PE) and polypropylene (PP) as basic oils and monomer products of ethylene, propylene, and xylene.
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R&D Overview
Lotte Chemical is focused on procuring platform technologies and enhancing competitiveness through the development of polymer resins, catalysts, and specialty products based on olefin/aromatic compounds. The company has focused on securing core technologies and developing high-value-added products within its existing business domains. Additionally, it is actively exploring new growth drivers in emerging megatrend areas such as hydrogen energy, battery materials, carbon neutrality, and resource recycling. The company has expanded product development and technical support for its clients and overseas affiliates, reinforcing its global strategy. The company's Basic Chemicals Research Institute is dedicated to securing core technologies and strengthening competitiveness through the development of polyolefin resins and olefin/aromatic-based specialty products. This includes a wide range of research and development activities from polyolefin resins, a representative plastic polymer resin, to new materials, thereby expanding industrial application fields. The company is also at the forefront of process and catalyst development for product development. Efforts are being made to develop environmentally friendly and recyclable products, and to reduce carbon emissions and energy consumption associated with production and research activities. In FY2025, the company spent KRW135,071.5 million, which as a percentage of revenue stood at 0.7%.
Business Segments
Overview
Comprises products such as Acrylonitrile Butadiene Styrene (ABS), Polycarbonate (PC), Polypropylene (PP), Long Fiber Composite Resin (LFT), Thermoplastic Elastomer (TPE), Expanded Polypropylene (EPP), Water Treatment Membraanes, Artificial Marble, E-Stone.
Performance
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Overview
Offers products such as Ethylene, Propylene, Benzene, Toluene, Xylene, Ethylene Oxide (EO), Ethylene Glycol (EG), Ethylene Oxide Adduct (EOA), Glycol Ether (GE), Methyl Methacrylate (MMA), Styrene Monomer (SM), Butadiene (BD), Paraxylene (PX), Oxoxylene (OX), Metaxylene (MX), High Purity Isophthalic Acid (PIA), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE), Polyethylene Terephthalate (PET), Polypropylene (PP), Leasing Business, Dispatching Services, etc.
Performance
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Overview
Include manufacturing and selling of Elecfoil and other battery materials. It provides these products to the electric vehicle industry, intelligent robot industry, and eco-friendly energy industry.
Performance
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Overview
Includes manufacturing and selling of chlorine, ammonia, and cellulose series. Its key products include ECH, methylcellulose, caustic soda, Anicote. It provides these products to the construction, coating, medicine, and food industries.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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