Suppliers · Producer · Industrial biotech & bio-based materials

Lotte Chemical

1976년에 설립된 롯데케미칼은 첨단석유화학기술을 토착화하고 꾸준한 기술개발에 주력하여 그 입지를 탄탄히 다지고 있습니다. 롯데케미칼 여수, 대산, 울산 공장은 국내외 최고 규모를 자랑합니다. 올레핀, 방향족 사업과 같은 석유화학 기초원료 및 제품 생산은 물론 꾸준한 공장 증설과 사업 확장으로 원료에서 제품에 이르는 수직계열화를 이뤘습니다. 효율적인 공정을 통해 고품질의 제품을 생산하는 롯데케미칼의 대표제품으로는 에틸렌, HDPE, LDPE, LLDPE, PP, 기능성수지, EG, SM, PIA, PET 등이 있습니다. 또한, 대전에 위치한 롯데케미칼 연구소는 신제품 개발을 꾸준히 진행하며 국내석유화학 분야에서 입지를 확고히 하고 있습니다. 롯데케미칼의 제품은 전 세계 152개 국가로 뻗어가고 있습니다. …

active South KoreaAsia Founded 1976 Revenue: KRW 20.4304 trillion (revenue as of end-2024) checked 2026-10-05

Profile

LOTTE Chemical (South Korea; website: https://www.lottechem.com) is a diversified chemical company making basic chemicals, advanced materials/specialty materials, fine chemicals, and battery materials. Core products include synthetic resins and petrochemical intermediates such as ethylene, propylene, xylene, and polymers (PE, PP), plus specialty products like engineering plastics (ABS, PC) and battery-related materials; it also develops hydrogen-energy initiatives and biodegradable plastics (e.g., r-PET, r-ABS) and recycling brands (ECOSEED, Project LOOP). Founded in 1976, headquartered at Lotte World Tower, 300 Olympic-ro 14–16F, Songpa-gu, Seoul. Ownership: listed on the Korean stock exchange as LOTTE Chemical; as of Dec 31, 2025 largest holders include LOTTE Corporation (25.31%) and LOTTE Property & Development (20.00%). Reported scale: 2024 revenue about KRW 20.4304 trillion; business mix in 2024: Basic Chemicals 67.8%, Advanced Materials 26.8%, Fine Chemicals 8.2%, Battery Materials 4.4%. Key partners/customers mentioned include JV partners Hyundai Oil Bank and GS Energy, plus hydrogen projects with Air Liquide Korea (LOTE-Air Liquide Ener’Hy, LOTTE Chemical 40%) and SK Gas/Air Liquide (LOTTE SK ENEROOT, LOTTE Chemical 45%). Latest developments (2025–2026): it published its 2024 ESG report in June 2025 and is still active; in Q2 2026 it reported consolidated revenue KRW 5.6864 trillion and operating profit KRW 110.1 billion, with restructuring (Daesan/Yeosu) and a Yulchon compounding plant scheduled to start within 2026; separate reporting indicates 2025 was loss-making (revenue KRW 18.483 trillion, operating loss KRW 943.6 billion) but profitability improved in early 2026.

Sources#

Industry: Packaging & plastics
Topics: PBS / PBAT & biodegradable plastics, PLA (polylactic acid)
Role: Producer — “…cal solutions and efficient processes. Operations and presence: - Integrated approach across production, distr…”

Bio-solutions it supplies 0

Not yet cited as a supplier in a graded solution.

What they offer

This company does not publish its products or services — we find out through an introduction.

News & status 6

2026-09 Latest status: The company is undergoing major structural reform, including the spin-off of its Daesan plant and its merger into a joint venture with HD Hyundai Chemical, alongside broader business restructuring and divestment of non-core assets. ↗ ↗ ↗
Status review: reduced operations — Indefinite shutdown of the Daesan naphtha cracker (Sept 2026) and restructuring; company operating.
2026-09-18 Lotte Chemical Halts 77 Billion Won Ulsan Waste Plastic Investment | Gate News
Lotte Chemical suspended a 77 billion won plan to build a waste PET recycling facility at Ulsan, reducing spent investment to about 16.6 billion and canceling the rest, while keeping the already-built C-rPET line idle and accessible for potential future …
2026-08-20 Korea Approves First Petrochemical Merger With 5-Year Price Cap - Seoul Economic Daily
Lotte Chemical will become part of a jointly operated Daesan petrochemical entity with HD Hyundai Chemical after the merger, and its LDPE/EVA businesses will face five-year price caps and competitive safeguards to curb coordination and protect market …
2026-08-30 Lotte Chemical Raises 60 Billion Won More in Liquidity Push - Seoul Economic Daily
Lotte Chemical is still struggling to raise large-scale funding on its own, turning to short-term, private, non-guaranteed bonds at higher yields after a prior bank-guaranteed issue; despite a strong first-half turnaround, investors doubt its ability to fund …
2026-09-22 Lotte Stops South Korea PET Recycling Project
Lotte Chemical has canceled its planned $55.6 million chemical recycling plant in Ulsan, signaling a retreat from expensive circular-economy investments amid a prolonged petrochemical downturn, weak margins, and Chinese oversupply. The decision, taken after …
2026-10-01 LOTTE Chemical Cancels Ulsan PET Chemical Recycling Investment Amid Petrochemical Downturn - Renewable Carbon News
Lotte Chemical has halted its Ulsan PET chemical recycling project, abandoning about KRW 60.4 billion of planned spending after already investing roughly KRW 16.6 billion, due to a downturn in the petrochemical sector.
2026-10-01 South Korea indicts six petrochemical firms for record price-fixing - CHOSUNBIZ
Lotte Fine Chemical is named among six petrochemical firms indicted for price-fixing under Korea’s Monopoly Regulation and Fair Trade Act, with 43 executives and employees charged. The case highlights concerns about weak penalties for collusion and calls for …

Network: owners, partners, peers

Ownership & investors 1

parent

LOTTE

Partners & deals 1

counterparty

HD Hyundai Chemical (via joint venture H&L Advanced)

…The company is undergoing major structural reform, including the spin-off of its Daesan plant and its merger into a joint venture with HD Hyundai Chemical, alongside broader business restructuring and ……

Similar companies

PTT MCC Biochem Company Limited · TotalEnergies Corbion · Sekoplas Industries Sdn Bhd · A.J. Plast Public Company Limited · GoodBioPak · Zhejiang Hisun Biomaterials Co,Ltd · FUTERRO · Kingfa Sci.&Tech. Co., Ltd.

Identity & contacts

Contacts, people and legal identity are available to members.