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Lotte Chemical

Lotte Chemical image
Company Overview
  • Company name
    Lotte Chemical Corp.
  • CEO
    Huh, Soo-young
  • Date of
    March 16, 1976
  • Major business
    Petrochemical processing
  • Address
    Lotte Gwanak Tower, 51, Boramae-ro 5-gil, Dongjak-gu, Seoul, Korea
  • Phone
About us

Lotte Chemical Corporation made the first step in the petrochemical business through the Yeosu Petrochemistry Industrial Complex built in 1976. This led to the growth of the petrochemical industry in Korea through the localization of high technology and consistent technology development. It took over Complex 2 of Hyundai Petrochemical Corporation and KP Chemical in 2003 and 2004, respectively while taking over Titan, a Malaysian petrochemical business in 2010. Moreover, it expanded the competence of its overseas business by establishing a local corporate body called HPM Alabama Corporation in the U.S. in 2012. Based on the capability of a stable factory operation and flexible marketing strategy, it realized the largest accomplishment with 1 trillion won of sales profit in 2011. Meanwhile, it changed its name to Lotte Chemical Corporation in December 27, 2012 through the merger with KP Chemical. Since then, it has been getting closer toward the achievement of its vision to be a global business, as well as, the best petrochemical business in Asia.

Major products and services

Basic petrochemical materials, intermediates, synthetic resins, synthetic-fiber raw materials, etc

Lotte Chemical Plants info
Yeosu Plant Petrochemical Complex, 53, Yeosusandan 4-ro, Yeosu-si, Jeollanam-do, Korea ☎ 061-688-2000
Daesan Plant 643, Dokgot-ri, Daesan-eup, Seosan-si, Chungcheongnam-do, Korea ☎ 041-689-5114
115, Gajeongbuk-ro, Yuseong-gu, Daejeon, Korea ☎ 042-879-1114