SHIPPER: LOTTE CHEMICAL CORPORATION

LOTTE CHEMICAL CORPORATION Company Profile

Company Introduction:

LOTTE CHEMICAL CORPORATION is a leading global chemical company based in South Korea. Established in 1976, it is a key subsidiary of the Lotte Group, one of South Korea's largest conglomerates. The company specializes in the production of a wide range of petrochemical products, including polymers such as polyethylene (PE), polypropylene (PP), and ABS, as well as basic chemicals like ethylene and propylene, and synthetic resins. LOTTE CHEMICAL CORPORATION operates large-scale production facilities globally, serving various industries including automotive, electronics, construction, and packaging. Its business model focuses on continuous innovation, sustainable growth, and expanding its global presence through strategic investments and advanced technological capabilities.

Nature of Business:

LOTTE CHEMICAL CORPORATION is primarily a manufacturer. It operates extensive factories and production plants where it processes raw materials into a vast array of chemical products. While it engages in the sale and distribution of its manufactured goods, its core identity and primary function are that of a chemical producer and factory owner.

LOTTE CHEMICAL CORPORATION produces and sells the following products:

* **Basic Chemicals:** Ethylene, Propylene, Butadiene, Benzene, Toluene, Xylene, Ethylene Dichloride (EDC), Vinyl Chloride Monomer (VCM), Acetic Acid, Caustic Soda.

* **Polymers:** Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Styrene Monomer (SM), Expandable Polystyrene (EPS).

* **Advanced Materials:** Engineering Plastics, Composites.

* **Other Chemicals:** MEG (Mono Ethylene Glycol), Ammonia, Purified Terephthalic Acid (PTA).