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
Feb
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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
Facilities Relocation / Expansion
LOTTE Chemical is building the largest functional compounding plant in Korea in the Yulchon area, with capacity of 500,000 tons. Construction is currently underway.
Facilities Relocation/Expansion, Construction, Manufacturing Operations
Pain Point
LOTTE Chemical is facing oversupply in copper foils overall and is not yet realizing any significant profitability in supplying to battery companies.
Pain Point, Manufacturing Operations
Earnings
LOTTE Chemical has announced that its Basic Chemicals segment reported Q4 sales of KRW 3,343.1 billion and an operating loss of KRW 395.7 billion. Profitability declined from the startup of LCI commercial operations and the start of the seasonal off-peak period toward year-end.
Earnings, Accounting, Financial Reporting, Chemical Engineering, Finance
Facilities Relocation / Expansion
LOTTE Chemical has successfully completed the Indonesian Petrochemical Complex, which commenced operations in Q4 to respond to growing demand in Southeast Asia.
Facilities Relocation/Expansion, Chemical Engineering, Manufacturing Operations
Earnings
Earnings, Product Development, Forecasting, Finance, Manufacturing Operations
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
