Lotte Chemical Corporation

14~16/F Lotte World Tower
300 Olympic-ro, Songpa-gu
Seoul, Seoul, 05551  Republic Of Korea
Company Type: Public Parent

Lotte Chemical (formerly Honam Petrochemical) manufactures a variety of petrochemical products from two facilities in South Korea. Its primary product is ethylene, and Lotte Chemical ranks among the country's leading producers of polyolefins like high density polyethylene (HDPE) and polypropylene as well as other downstream chemicals like ethylene glycol. The integrated company also operates a naphtha cracker, which supplies the raw materials for its other products. Lotte Chemical is a part of Japanese conglomerate Lotte's Korean network. While it is publicly traded, various Lotte companies own a majority share in Lotte Chemical. The company took its current name in 2013.

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