Lotte Chemical Corporation (011170)

Overview

Lotte Chemical Corporation, originating as Honam Petrochemical Corporation before its name change in December 2012, stands as a pivotal entity in the chemical industry. Founded in 1976 and having its headquarters in Seoul, South Korea, the company has expanded its presence internationally, with operations extending to Malaysia, the United States, Pakistan, China, among other regions. The corporation is renowned for its comprehensive portfolio of chemicals spanning across various segments, including Monomers, Polymers, and Basic Petrochemicals. Alongside its core chemical production, Lotte Chemical Corporation also engages in property lease and labor dispatch services, showcasing its diversified business model.

Products and Services

• Polymer Products:

  This category features a range of polymers such as high density, low-density, and linear low-density polyethylene, ethylene-vinyl acetate, and more. It also encompasses transparent-impact resistance polypropylene, polypropylene suited for injection and blow molding, yarns/fibers, films, thermoplastic elastomers, adhesive resins, thermoplastic olefins, long fiber reinforced thermoplastics, expanded polypropylenes, polycarbonates, polycarbonate resins, and acrylonitrile-butadiene-styrene resins.

• Monomers:

  Within the monomers range, the company offers products like ethylene glycols/ethylene oxides; methoxy polyethylene glycols and polyethylene glycols; VPEG for third generation admixtures; glycol ethers; methyl methacrylates; and purified acids including isophthalic and terephthalic acids.

• Basic Petrochemicals:

  This segment includes a variety of essential petrochemicals such as benzene, toluene, mixed xylene, meta-xylene, para-xylene, ortho-xylene, and isoprene, dicyclopentadiene, piperylene, and styrene monomers.

• Water Treatment Membranes:

  The company further diversifies its portfolio with the provision of water treatment membranes, underscoring its commitment to addressing environmental and water purification concerns.

• Additional Services:

  Apart from its extensive product offerings, Lotte Chemical Corporation provides ancillary services that include property lease and labor dispatch services, demonstrating the company's multifaceted business operations.