Lotte Chemical

Lotte Chemical is a leading producer of petrochemical products worldwide. Founded in 1976, the company is headquartered in Seoul, South Korea, and operates in various countries, including the United States, China, Vietnam, and Malaysia. Lotte Chemical has a diverse range of businesses, including refining, basic petrochemicals, and specialty chemicals.

The company's products are used in various industries, including automotive, construction, and packaging. Lotte Chemical is committed to sustainable manufacturing practices, and it has implemented a range of measures to minimize its environmental impact. These efforts include investing in the development of eco-friendly products, reducing greenhouse gas emissions, and promoting efficient use of resources.

In recent years, Lotte Chemical has expanded its business portfolio to include bioplastics, which are a sustainable alternative to traditional plastic products. The company has developed a range of bioplastics made from renewable materials, including cornstarch and sugarcane, and has received certifications from various international organizations for their eco-friendly properties.

Despite facing challenges such as global economic uncertainties and fluctuating oil prices, Lotte Chemical has maintained its position as a leading player in the petrochemical industry. The company's success can be attributed to its commitment to innovation, sustainability, and customer satisfaction.

Founded: 1976

Headquarters: Seoul, South Korea

Website: https://www.lottechem.com