Lotte Chemical Locations and Industry Presence

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Image of a large chemical factory in Schwechat, Austria, showcasing industrial pipes and machinery.
Credit: pexels.com, Image of a large chemical factory in Schwechat, Austria, showcasing industrial pipes and machinery.

Lotte Chemical has a significant presence in various regions around the world.

The company has a major manufacturing site in Yeosu, South Korea, which is one of its largest production facilities.

Lotte Chemical also operates in other countries, including China, Indonesia, and Malaysia.

In South Korea, the company's Yeosu site produces a wide range of chemical products, including polyethylene and polypropylene.

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Financials

Lotte Chemical's financial performance is a key aspect of understanding the company's overall health. The company's income statement and estimates reveal a significant presence in the stock market, with a notable equity stock A011170.

The Basic Materials Division of Lotte Chemical has seen substantial growth, with sales increasing from 9,242 billion in 2020 to 13,890 billion in 2021.

In 2023, the Advanced Materials Division reported sales of 5,041 billion. This is a notable decrease from the 6,024 billion reported in 2022.

The Fine Chemical Division of Lotte Chemical started reporting sales in 2023, with 1,769 billion. This is followed by 1,671 billion in 2024.

Credit: youtube.com, Lotte Chemicals - Should I Hold Lotte Chemicals?

The company's consolidation adjustment has been negative across all reported periods, with the largest negative adjustment of 1,909 billion in 2022.

Here's a breakdown of Lotte Chemical's sales by division:

Governance

Lotte Chemical has a diverse shareholder base, with Lotte Holdings holding a significant 25.31% stake. Other major shareholders include Lotte Corporation and Lotte Property & Development, each holding around 20% and 9% respectively.

The company's governance structure is led by a strong Board of Directors, with Chairman Dong-Bin Shin at the helm since 2021. The Board consists of seven members, including Young-jun Lee, Min-Jae Hwang, and Woon-Haeng Cho.

Here's a breakdown of the Board of Directors:

The Executive Committee is led by CEO Young-jun Lee, who has been at the helm since 2024. The Committee also includes CEO Min-Jae Hwang and CEO Dong-Bin Shin, among others.

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Holdings

Lotte Chemical Corporation has a significant stake in several companies through its holdings. LOTTE ENERGY MATERIALS CORPORATION holds 46.94% of the company's equities.

One of the notable holdings is LOTTE CHEMICAL TITAN HOLDING, which owns 74.72% of the equities. This is a substantial share, indicating a strong relationship between the two companies.

Here's a breakdown of the holdings:

Holdings: Corporation

Night view of Seoul's stunning skyline with the iconic Lotte World Tower and Han River.
Credit: pexels.com, Night view of Seoul's stunning skyline with the iconic Lotte World Tower and Han River.

Let's take a closer look at the holdings of Lotte Chemical Corporation. The company has a significant stake in various subsidiaries, with Lotte Energy Materials Corporation holding a 46.94% stake, valued at $395,905,018.

One of the notable holdings is Lotte Fine Chemical Co., Ltd., which holds a 43.5% stake, valued at $370,353,837. This shows that the company has a strong presence in the chemical industry.

The company also has a significant stake in Lotte Chemical Titan Holding, with a 74.72% holding, valued at $238,124,225. This is a substantial investment in the company's operations.

Here's a breakdown of the holdings:

These holdings demonstrate the company's diversification and investment in various sectors of the chemical industry.

Joint Venture

Lotte Chemical has a significant presence in the joint venture space, with several notable partnerships. Loday Neos Chemicals is a joint venture established by Samsung and BP Chemicals for the PTA business, but it now consists of 51% shares of INEOS and 49% shares of Lotte Chemical.

Credit: youtube.com, What is Joint Venture? | From A Business Professor

Lotte Chemical has also partnered with Mitsubishi Chemical for the MMA business through Lotte MCC, which holds a 50% stake in both companies. This partnership is a great example of how two companies can come together to achieve common goals.

Lotte Mitsui Chemistry is another joint venture, where Mitsui Chemical divides 50% of its shares. This partnership allows both companies to share resources and expertise.

Seetech is a joint venture established for the utility sector, excluding water treatment and operation of unloading facilities in the Daesan Industrial Complex, with 50% stake in Lotte Chemical and 50% in LG Chem. This partnership shows how two companies can work together to achieve a common goal.

In the synthetic rubber business, Lotte Chemical has partnered with Versalis to form Lotte Versalis Elastomers, where the shares are comprised of 50% + 1 share of Lotte Chemical and 50% - 1 share of Versalis.

HD Hyundai Chemical is a joint venture between HD Hyundai Oilbank and Lotte Chemical, with shares comprised of 60% of HD Hyundai Oilbank and 40% of Lotte Chemical. This partnership highlights the importance of diversification in business.

Lotte GS Chemicals is a joint venture established by Lotte Chemicals and GS Energy for the petrochemical business, with shares comprised of 51% of Lotte Chemicals and 49% of GS Energy.

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Locations

Credit: youtube.com, Lotte Chemical and Westlake Chemical hold grand opening for new chemical complex

Lotte Chemical has several locations across the country.

The Yeosu Plant is located in Jeollanam-do, specifically in Yeosu city at 53 Yeosusandan 4-ro (Jungheung-dong) and 334-27 Yeosusandan-ro (Pyeongyeo-dong).

Here are the exact addresses for the Yeosu Plant:

  • Jeollanam-do Yeosu city 53 Yeosusandan 4-ro (Jungheung-dong)
  • Jeollanam-do Yeosu city 334-27 Yeosusandan-ro (Pyeongyeo-dong)

Yeosu Plant Basic Materials

Yeosu Plant Basic Materials are located in Jeollanam-do province, South Korea. The plant has two main addresses in Yeosu city.

You can find the plant at 53 Yeosusandan 4-ro, Jungheung-dong, or at 334-27 Yeosusandan-ro, Pyeongyeo-dong, both in Yeosu city, Jeollanam-do.

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7.2.4 Ulsan Plant

The Ulsan Plant is located in the Nam-gu district of Ulsan Metropolitan City. It can be found at 119 Sapyeong-ro in Bugok-dong.

The address of the Ulsan Plant is 119 Sapyeong-ro, Bugok-dong, Nam-gu, Ulsan Metropolitan City.

Intellectual Property

Lotte Chemical has a significant presence in the field of intellectual property, with a notable number of patents filed.

The company has filed 172 patents, showcasing its commitment to innovation and research.

Credit: youtube.com, lotte chemical properties

One of the most interesting aspects of Lotte Chemical's patent portfolio is the diversity of topics covered.

Polymers, thermoplastics, and commodity chemicals are among the most popular patent topics, highlighting the company's focus on materials science and manufacturing.

Here are the top 3 patent topics for Lotte Chemical:

  • Polymers
  • Thermoplastics
  • Commodity chemicals

The company has also successfully granted patents, with one notable example being the "Thermoplastic resin composition and molded article therefrom" patent, which was granted on March 18, 2025.

This patent has a unique combination of related topics, including thermoplastics, polymers, dielectrics, WWE teams and stables, and commodity chemicals.

Industry and Sector

Lotte Chemical operates within the Basic Materials sector, which encompasses a broad range of industries.

The company is specifically involved in the production of chemicals, including commodity chemicals and plastics.

Here's a breakdown of the sectors Lotte Chemical is associated with:

Frequently Asked Questions

What is Lotte basic chemical?

Lotte Basic Chemicals offers a diverse range of products, including Polyolefin, Monomers, and Aromatics. Their business is built on a strong foundation of Ethylene production, with a capacity of 4,500 kilo tonnes per annum.

Verna Walter

Lead Writer

Verna Walter is a seasoned writer with a passion for finance and business. With a keen eye for detail and a knack for research, she has established herself as a trusted authority on the European financial landscape. Verna's expertise spans a wide range of topics, from the inner workings of the European Central Bank to the intricacies of the Austrian stock market.

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