Focusing on green hydrogen production and plastic recycling technologies for a sustainable future.
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LOTTE Chemical is a leading global chemical company based in South Korea, recognized for its extensive portfolio of petrochemical products including polymers, monomers, and specialty chemicals. As a core subsidiary of the LOTTE Group, the company has pivoted its long-term strategy toward sustainability, focusing heavily on the development of green hydrogen, battery materials, and advanced plastic recycling technologies. By integrating eco-friendly practices into its manufacturing processes, LOTTE Chemical aims to lead the transition toward a circular economy in the chemical industry. The company operates a vast network of production facilities and research centers across Asia, Europe, and the Americas. Through its commitment to 'Green Promise 2030,' LOTTE Chemical is actively investing in carbon neutrality initiatives and the expansion of its high-value-added material business. This strategic shift reflects the company's ambition to evolve from a traditional petrochemical manufacturer into a comprehensive provider of sustainable material solutions for the global market.
Mission: To enrich people's lives by providing innovative and sustainable chemical solutions. Vision: To become a global top-tier chemical company that leads the sustainable future through technological innovation.
Founded
1976
Headquarters
Seoul, South Korea
Employees
10,000+
Industry
Chemicals & Sustainability
Revenue
Strong financial stability and market presence as a major conglomerate subsidiary.
Significant investment in R&D and future-oriented sustainable technologies.
Comprehensive benefits package and competitive compensation structure.
Highly hierarchical corporate culture typical of large South Korean conglomerates.
10B+ USD
Funding
Publicly Traded (KRX: 011170)
CEO
Lee Hun-ki
Complex bureaucratic processes can slow down decision-making.
Industry-wide exposure to cyclical market volatility and raw material price fluctuations.