LOTTE Chemical holds a ‘CEO Investor Meeting’…

■ CEO Lee Young-jun holds his first ‘CEO Investor Meeting’ since inauguration… “We will reinforce competitiveness in basic chemicals through proactive business restructuring and rationalization, while building solidly the four growth pillars—Advanced Materials, Fine Chemicals, Battery Materials, and Hydrogen Energy—to complete a balanced portfolio.”
■ Basic Chemicals: Expected improvement in financial and profit structure through proactive business restructuring; Advanced Materials: Establishing a foundation to expand high-value specialty materials business through compounding technology capabilities and scalability.
■ Fine Chemicals: Strengthening food/pharmaceutical materials and semiconductor chemicals business; Battery Materials: Focusing on high-value portfolios such as AI circuit foil and high-end battery foil; Hydrogen Energy: Preempting the domestic market through hydrogen fuel cell power plants and hydrogen distribution centers.

LOTTE Chemical announced on the 17th that it held a ‘CEO Investor Meeting’ on the 16th at NH Financial Tower in Yeouido, Seoul, targeting major domestic institutional investors.

At the event, CEO Lee Young-jun personally explained the current status of the ongoing petrochemical business restructuring in Daesan and Yeosu, as well as the company’s future strategic direction, stating, “We will reinforce competitiveness in basic chemicals through proactive business restructuring and rationalization, while building solidly the four growth pillars—Advanced Materials, Fine Chemical, Battery Materials, and Hydrogen Energy—to complete a balanced portfolio.”

In Basic Chemicals, the company expects improvements in financial and profit structures through strengthened competitiveness driven by business restructuring. In the case of LOTTE Chemical Daesan, it is pursuing a merger with HD Hyundai Chemical as the first in Korea’s petrochemical industry, while Yeosu has also submitted its final restructuring plan to the government and is awaiting approval. The company plans to reinvest the investment capacity secured through improved financial structure from restructuring into high-value and high-growth businesses, thereby shifting toward a portfolio focused on qualitative growth.

Advanced Materials, one of the four growth pillars, will expand its functional compounding business. LOTTE Engineering Plastics plans to begin full-scale operation of Korea’s largest compounding plant with an annual capacity of 500,000 tons in the second half of this year, supplying customized materials to customers. Based on technological capabilities enhanced through advanced production, the company plans to expand product lines such as Super EP and broaden its materials business into future high-growth advanced industries including Physical AI and aerospace.

In Fine Chemicals, the company plans to expand production capacity for high-value food and pharmaceutical materials and gradually grow its semiconductor chemicals business centered on TMAC and TMAH. In Battery Materials, it will strengthen competitiveness by enhancing its high-value portfolio, including AI circuit foil and high-end battery foil products.

In the Hydrogen Energy business, the joint venture LOTTE SK Eneroot recently commenced commercial operation of its second hydrogen fuel cell power plant, Ulsan Hydrogen Power Unit 1, and with additional completions, a total capacity of 80MW will be in operation by the end of this year. In addition, the company plans to preempt the domestic market through the Daesan hydrogen distribution center, which has been in operation since last November. For ammonia, it aims to lead the clean ammonia-centered business by leveraging the infrastructure and distribution network of LOTTE Fine Chemical.

‘CEO Investor Meeting’ held in the afternoon of the 16th.