History
LOTTE Chemical has grown into a leader of Korea's chemical industry.
We now build a future toward the world's best chemical company.
'Global Top 7' chemical company
- 2023.03
- Merged ILJIN MATERIALS (Current LOTTE Energy Materials)
- 2022.01
- Invest a total of 3.9 billion USD in Indonesia for the ‘LINE Project’
- 2021.07
- Announced the ‘2030 Hydrogen Growth Roadmap’
- 2021.04
- Ulsan Factory ‘Converts to Green Factory’
- 2021.02
- Announcement of Eco initiative ‘Green Promise 2030’
- 2021.01
- Extended EOA plant in Yeosu
- 2020.02
- Established LOTTE-GS Chemical (JV with GS Energy)
- 2020.01
- Merged LOTTE Advanced Materials
- 2019.07
- Signed joint venture agreement for petrochemical project worth 800 billion KRW with GS Energy
- 2019.05
- Completed ethane cracker, ethylene-glycol plant in the US
- 2019.01
- Acquired Belenco of Turkey that manufactures engineered stone
- 2018.05
- Pursued HPC project with Hyundai Oil Bank
- 2017.11
- Completion of construction of LOTTE Versalis Elastomers
- 2017.07
- LOTTE Chemical Titan listed on Bursa Malaysia
- 2016.09
- Yeosu NCC Plant achieved 4,000 days of continuous operation without accident
- 2016.05
- Acquired Samsung chemical business sector
- 2015.10
- Completed the gas field project in Uzbekistan
- 2015.09
- Began production and sale of Korea’s first Bio-PET
- 2015.06
- Signed joint venture agreement to construct ethane cracker plant in Louisiana, US
- 2015.01
- Established and applied Chemical Material Management System, participated in greenhouse gas emissions permit trading.
- 2014.04
- Established United States Branch (LOTTE Chemical USA)
- 2014.01
- Signed joint venture agreement with Hyundai Oil Bank to establish “Hyundai Chemical” to produce mixed xylene
- 2013.12
- Received the ‘$6 Billion Export Tower’ Award
- 2013.09
- Established a joint venture company for synthetic rubber in Malaysia
(LC Ube Synthetic Rubber)
- 2012.12
- Merged with KP Chemical and changed corporate name to LOTTE Chemical
- 2012.03
- Completed the GE project
- 2011.02
- Established US subsidiary LOTTE Chemical Alabama Corporation
- 2011.01
- Established Honam Mitsui Chemical Corporation
- 2010.11
- Established Greenhouse gas Energy Management System (GEMS)
- 2010.10
- Acquired DACC Aerospace Co., Ltd.
- 2010.07
- Acquired Titan Chemical Corp. in Malaysia
Focus on business diversification and efficient management.
a challenge toward the future of the world
- 2009. 06
- Acquired Sambark Co., Ltd./Sambark LFT Co., Ltd.
- 2009. 01
- Acquired LOTTE Daesan Petrochemical Corp.
- 2008. 12
- PC commercial production
- 2008. 02
- Signed agreement to establish UZ-KOR Gas Chemical
- 2006. 09
- Acquired Daijin Chemical in China and renamed it to LOTTE Chemical Engineering Plastics (Jiaxing) Co., Ltd.
- 2006. 08
- Signed MOU to establish a joint venture (Daesan MMA Corp.)
with Mitsubishi Rayon, Japan
- 2006. 07
- Established LOTTE Chemical Trading (Shanghai) Corp.
- 2005. 01
- Established LOTTE Daesan Petrochemical
- 2004. 11
- Acquired KP Chemical
- 2003. 06
- Acquired Hyundai Petrochemical 2nd Complex
- 2003. 05
- Completed construction of the 3AS plant;
consortium of LG Chem and Honam Petrochemical
- 2003. 05
- Completion of a thermal power plant
- 2001. 11
- Completed the naphtha disassembly plant and BXT planting revamping, and completed 3PP
- 2001. 02
- Completed the construction of MMA plant
Expansion of business fields, extension of production facilities, and
soaring as a general chemical company
- 1999. 11
- Completed the construction of EOA plant
- 1999. 04
- Completed the construction of 3PE plant
- 1998. 07
- Completed the construction of PET plant
- 1997. 04
- Completed the construction of 3EG plant
- 1997. 05
- Designated as KOLAS accredited laboratory,
attained UN Mark from Korean Register of Shipping
- 1995. 12
- Attained ISO 14001 (Environmental Management System)
model certificate
- 1995. 08
- Attained ISO 9001 (Quality system) certificate
- 1992. 05
- Began commercial operation of NC Plant and BTX Plant
- 1991. 05
- Completed the construction of SEG plant
- 1991. 05
- Public offering and stock listing
- 1991. 01
- Moved labs to Daeduk R&D complex
Business stability, corporate growth, and paving the foundation for management in the black
- 1988. 11
- Completed the construction of SPP plant
- 1988. 04
- Completed the construction of SPE plant
- 1986. 06
- Established Production Technology Research Center
in Yeosu Plant
March toward great history, powerful steps as a petrochemical company
- 1979. 12
- Began commercial production of HDPE, PP, and EOG
- 1979. 06
- Acquired by LOTTE Group and completed privatization
(stock transfer)
- 1979. 03
- Completed the construction of PP,PE,EOG and UC plant
- 1976. 03
- Establish a company
