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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

    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
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