Please check the “Dividend Info” section in the IR website.
We provide dividends through the resolution of the board of directors and approval of the general meeting of stockholders pursuant to our articles of incorporation, and we determine the appropriate level of dividend rates considering investments for the continuous growth of the company, enhancing stockholder value, management environment, etc. within the scope of profits that can be shared as dividends.
Our dividend policy is annual dividends by establishing the basic policy of [30% of current net profit (based on separate financial statement, excluding one-time profits)] as part of our active stockholder return policy.
However, if financial resources for dividends decrease due to losses of the company caused by sudden external variables, dividend characteristics and market-price dividend rates are considering taking into account the dividend stability of stockholders, future investments of the company, and financial stability.
Year-end dividend payments and the amount of payment, etc. are decided by the regular general meeting of stockholders in March, and when year-end dividends are provided, it is paid within one month from the date of the general meeting of stockholders. The amount of dividends can be checked through the electronic announcement system.
※The year-end dividend reference date is December 31.
PET bottles are molded in polymer material called polyethylene terephthalate.
At the time of recycling, abbreviations are shown on the containers for easier segregation. PET or PETE means Polyethylene Terephthalate.
Polyester fibers used in making clothes are also made from the same material as PET bottles. Like this, the very same polymer materials can be made into various other products depending on the molding methods.
With its linear molecular structure, the existing PP makes it impossible to perform high- magnification extrusion foaming and large thermo-foaming due to the rapid drop in viscosity and melt tension when melting.
High Melt Tension Polypropylene (HMS-PP) is a product with improved melt tension and viscosity with the introduction of Long Chain Branching (LCB) by polymerizing the existing PP or subjecting it to post-treatment.
It is widely used in high-magnification extrusion foaming, large vacuum and pressure molding, high-speed coating, etc., which have been hitherto difficult to mold with the existing PP.
PE and PP are widely used as general-purpose resins for their low price, excellent mechanical and chemical properties, and processability. However, they have the disadvantage of non-compatibility with polar materials due to their stable non-polar structures consisting of only carbon and hydrogen.
It is adhesive polyolefin resin that renders adhesiveness to non-polar polyolefin by chemically introducing polarity to it.
The polyolefin modified by the functional group with adhesive function has the characteristics of adhering to various kinds of materials and retaining the excellent physical properties of polyolefin as they are by introducing the polar group in side chains rather than in the main chains.
It is the olefin-based thermoplastic elastomer (TPE) developed by LOTTE CHEMICAL using its original technology. Among them, the Lottmer H-Series is also called thermoplastic elastomer vulcanizate (TPV) because it entails a cross-linking process within it.
Thermoplastic elastomer has the same mechanical properties or elastic restoring force at room temperature, but as it melts when heated it can be molded using ordinary molding equipment for thermoplastic resin.
The major markets for its applications are those replacing rubber products or soft PVC amid the increasingly stricter environmental regulations. Therefore, it is being recognized as an eco-friendly material that allows recycling and causes no environmental pollution unlike PVC.
It is mainly used for electric cooker cases and containers for kimchi refrigerators. With its unique characteristics of light weight, low price, and eco-friendly material, it can realize cost reduction of the parts and make them lightweight.
Currently, high-priced engineering plastic materials are being replaced on a continuing basis. The replacement speed is expected to increase dramatically if its physical properties are improved by high functionality through technology development.
The PVC for automobiles is mainly used as interior skin material or for cables. For the production of PVC, phthalate plasticizers, oxidation stabilizers, lead, cadmium, etc., are used and since they emit hazardous substances such as dioxin, furan, etc. when incinerated, global PVC use is being phased out.
Particularly in case of EU, all imported cars are subject to regulations mandating compliance with more than 95% Recycle, Reuse, and Recover by 2015, compelling automakers to remove PVC completely from automobiles and expand the use of alternative materials. Accordingly, the use of PP-based materials with its superb competitiveness as an alternative in terms of price and performance is steadily increasing.
PP is an abbreviation of polypropylene, which is synthetic resin made from the polymerization of propylene. Its areas of applications and usage show gradually increasing trend due to its excellent physical properties compared to its low price. Nowadays, specialized PP used for special purposes is being developed on a continuing basis with the development of new catalysts.