LOTTE Chemical
Chemicals & Related Products · South Korea · 5K - 10K Employees
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Overview
Headquarters
14f-16f Lotte World Tower 300 Olympic-ro...Phone Number
+82 28294114Website
www.lottechem.comRevenue
$12.6 BillionStock Symbol
A011170Industry
ZI Rank: 1
Signal Type
Mar
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ZI Rank
1
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About LOTTE Chemical
Lotte Chemical Corporation, a chemical company, manufactures and distributes petrochemical products. The company offers basic chemicals, such as ethylene, propylene, benzene, toluene, xylene, ethylene oxide, ethylene glycol, ethylene oxide adduct, glycol ether, methyl methacrylate, styrene monomer, butadiene, para-xylene, ortho-xylene, meta-xylene, purified isophthalic acid, high-density polyethylene, low-density polyethylene, linear low-density polyethylene, polyethylene terephthalate, polypropylene, property lease, labor dispatch services, and other products.Explore more
LOTTE Chemical Org Chart
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Company Profile Activity
Activity Insights
LOTTE Chemical is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
LOTTE Chemical is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about LOTTE Chemical.
LOTTE Chemical Tech Stack
A closer look at the technologies used by LOTTE Chemical
Most Recent Scoops
Pain Point
incurred approximately KRW 50 billion in one-off losses during H1 2026 due to a delayed restart following a scheduled turnaround and maintenance at its Yeosu plant, which was accelerated ahead of the original schedule to address supply chain risks arising from the Middle East conflict, resulting in reduced production and sales volume during the maintenance period.
Logistics / Supply Chain, Finance, Manufacturing Operations, Risk
Earnings
LOTTE Chemical has reported revenue of KRW 5.6894 trillion, operating profit of KRW 110.1 billion, EBITDA of KRW 458.1 billion, profit before tax of KRW 242.4 billion, and net income of KRW 194.4 billion for Q2 2026, with profitability improving quarter-over-quarter driven by wider product spreads across key business areas, increased gains on equity method valuation, and favorable derivative valuation gains from FX rate changes.
Earnings, Finance, Financial Operations
Pain Point
reported that both its Basic Chemicals division and Titan each incurred inventory valuation losses of approximately KRW 100 billion in Q2 2026, as a positive lagging effect in April reversed sharply in May and June due to falling feedstock prices stemming from the Middle East conflict, with the total reverse lagging effect estimated at a level comparable to the inventory valuation losses incurred.
Accounting, Logistics / Supply Chain, Financial Reporting, Inventory Management, Finance
Pain Point
recognized inventory valuation losses of approximately KRW 100 billion in its Basic Chemicals division in Q2 2026, driven by a sharp decline in naphtha prices in June following a rise in April and May due to the Middle East conflict, with similar inventory valuation losses also occurring in its Malaysian and Indonesian businesses, which share naphtha-based structures similarly exposed to feedstock price fluctuations.
Accounting, Logistics / Supply Chain, Financial Reporting, Finance, Financial Operations
Earnings
Accounting, Financial Reporting, Business Finance, Finance
LOTTE Chemical News & Media
Lotte Chemical pivots to new growth areas amid petrochemical slump
SEOUL, April 17 (Yonhap) -- Lotte Chemical Corp., the chemical arm of South Korea's L...Lotte Chemical sells 75% stake in Pakistani subsidiary for $69 million - CNA
NEW DELHI :South Korea's Lotte Chemical said on Thursday it has sold about 75 per cent stake in its Pakistani subsidiary to Dubai-based PTA Global Holding for 98 billion won ($68.94 million).The South Korean company is trying to restructure its portfolio under a government-led programme aimed at aiding loss-Syzygy Plasmonics and Lotte Chemical Unlock Ammonia as a Hydrogen Carrier in Asia, Successfully Complete Trial of Ammonia e-Cracking Unit
Rigel reactor cell removes doubt with exceptional performance in Ulsan, South Korea HOUSTON, Jan. 27, 2025 /PRNewswire/ -- Syzygy Plasmonics announced today that it and Lotte Chemical have commissioned and completed performance testing of the world's largest all-electric ammonia cracking...Lotte Chemical begins shutting down Yeosu EG, MMA facilities - 매일경제 영문뉴스 펄스(Pulse)
Lotte Chemical Corp. has reportedly initiated the shutdown process for its ethylene glycol (EG) and methyl methacrylate (MMA) production facilities at Yeosu Plant 2 in southern South Korea. According
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Frequently Asked Questions Regarding LOTTE Chemical
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Lotte Chemical Corporation, a chemical company, manufactures and distributes petrochemical products. The company offers basic chemicals, such as ethylene, propylene, benzene, toluene, xylene, ethylene oxide, ethylene glycol, ethylene oxide adduct, glycol ether, methyl methacrylate, styrene monomer, butadiene, para-xylene, ortho-xylene, meta-xylene,... Read More
