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Last Updated: 2026
LOTTE Chemical image

LOTTE Chemical

Rank#5004
Market Cap1.98B
CountrySouth Korea
Summary
History
Mission
Vision
References
Summaryarrow
Lotte Chemical Corporation, a chemical company, manufactures and distributes polymers, monomers, basic petrochemical products, and megatrend products. The company operates through Monomer, Polymer, Basic Petrochemicals, and Others segments. It offers polymer products, including high density, low-density, and linear low-density polyethylene, as well as ethylene-vinyl acetate; transparent-impact resistance polypropylene, as well as polypropylene for injection and blow molding, yarns/fibers, and films; thermoplastic elastomers, adhesive resins, thermoplastic olefins, long fiber reinforced thermoplastics, and expanded polypropylenes; polycarbonates, polycarbonate resins, and acrylonitrile-butadiene-styrene resins; and polyethylene terephthalates. The company also provides monomers, such as ethylene glycols/ethylene oxides; methoxy polyethylene glycols and polyethylene glycols, as well as VPEG, a raw material for third generation admixtures; glycole ethers; methyl methacrylates; purified isophthalic acids; and purified terephthalic acids. In addition, it offers basic petrochemicals comprising benzene, toluene, mixed xylene, meta-xylene, para-xylene, and ortho-xylene, as well as isoprene, dicyclopentadiene, piperylene, and styrene monomers; and water treatment membranes. Further, the company provides property lease and labor dispatch services. It conducts operations in the Republic of Korea, Malaysia, the United States, Pakistan, China, and other regions. The company was formerly known as Honam Petrochemical Corporation and changed its name to Lotte Chemical Corporation in December 2012. Lotte Chemical Corporation was founded in 1976 and is headquartered in Seoul, South Korea.
Historyarrow

Lotte Chemical was established as Honam Petrochemical in 1976 and became part of Lotte Group after three years. After being integrated into Lotte, the company acquired various companies for business expansion. In 2010, Honam took over Malaysia's Titan Chemicals for US$ 1.27 billion to expand its business to the Southeast Asian market. In 2012, Honam merged with KP Chemical and was renamed Lotte Chemical. Lotte Chemical acquired Samsung's chemical businesses, including Samsung SDI's chemical unit, Samsung Fine Chemicals, and Samsung BP Chemicals for 3 trillion won in 2016.

Missionarrow
At LOTTE Chemical, we are driven to deliver products and solutions that significantly contribute to the progress and welfare of mankind
Visionarrow
We strive to be the world’s best chemistry company and through innovative and sustainable growth to be a leading provider of advanced materials and integrated solutions
Referencesarrow

https://en.wikipedia.org/wiki/Lotte_Chemical

https://in.investing.com/equities/lotte-chemical-corp

https://finance.yahoo.com/quote/011170.KS/profile?p=011170.KS

https://www.crunchbase.com/organization/lotte-chemical

https://companiesmarketcap.com/

https://www.lottechem.com

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Leadership team
M
Mr. Gyo Hyun Kim (Pres, CEO & Representative Director)
M
Mr. Nak-Seon Sung (Deputy MD, Director of Global Operations Department & Director of Ethics Management Department)
M
Mr. Sung-Taek Cho (Deputy MD & Director of Financial Accounting Department)
Products / Services
Chemical, Manufacturing
Number of Employees
1,000 - 20,000
Address
Seoul, Seoul-t'ukpyolsi, South Korea
Established
1976-01-01
Net Income
S_100M_500M
Revenue
$1B+
Traded as
011170.KS
Website
https://www.lottechem.com
Social Media
linkedinfacebook
Last Updated: 2026
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