LOTTE Chemical

OverviewSuggest Edit

LOTTE Chemical (롯데케미칼) is a chemical company that manufactures general chemistry products. It offers polymers, monomers for construction, textile, and industrial products, and basic petrochemicals. In addition, the company provides advanced materials such as polycarbonate (ABS), ABS alloys, engineering plastics, performance materials, construction materials, and water treatment membranes. LOTTE Chemical caters to the construction, agricultural, industrial, automobile, and other sectors.
TypePublic
Founded1976
HQSeoul, KR
Websitelottechem.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2021)10,093
Revenue (FY, 2021)₩18.1 T(+49%)
Share Price (Jul 2022)₩176.5 K
Cybersecurity ratingCMore
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Key People/Management at LOTTE Chemical

Shin Dong-Bin

Shin Dong-Bin

Chairman & CEO
Kim Gyo-Hyun

Kim Gyo-Hyun

President & CEO
Hwang Jin-Koo

Hwang Jin-Koo

Vice-President & CEO
Lee Young-Jun

Lee Young-Jun

Vice-President & CEO
Jeon Woon-Bae

Jeon Woon-Bae

Outside Director
Lee Keum-Ro

Lee Keum-Ro

Outside Director
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LOTTE Chemical Office Locations

LOTTE Chemical has offices in Seoul, Busan, Daegu, Daejeon and in 52 other locations
Seoul, KR (HQ)
300 Olympic-ro, Sincheon-dong, Songpa-gu
Busan, KR
1217 Jungang-daero, Yeonje-gu
Daegu, KR
202, 77 Yongsan-ro 12-gil, Dalseo-gu
Daegu, KR
35, Gukgasandan-daero 40-gil, Guji-myeon
Daejeon, KR
115 Gajeongbuk-ro, Yuseong-gu
Daejeon, KR
#210, 2F Prugiocity, 45 Oncheon-ro
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LOTTE Chemical Financials and Metrics

LOTTE Chemical Revenue

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LOTTE Chemical's revenue was reported to be ₩18.12 t in FY, 2021
KRW

Revenue (FY, 2021)

18.1t

Gross profit (FY, 2021)

3.2t

Gross profit margin (FY, 2021), %

17.6%

Net income (FY, 2021)

1.4t

EBITDA (FY, 2021)

2.8t

EBIT (FY, 2021)

1.9t

Market capitalization (29-Jul-2022)

6.0t

Closing stock price (29-Jul-2022)

176.5k

Cash (31-Dec-2021)

1.6t

EV

8.1t
LOTTE Chemical's current market capitalization is ₩6 t.
Annual
KRWFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

16.5t15.1t12.2t18.1t

Cost of goods sold

(12.7t)(12.1t)(9.9t)(15.0t)

Gross profit

3.9t3.1t2.4t3.2t

Gross profit Margin, %

24%20%19%18%
Quarterly
KRWQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

3.7t4.0t3.9t3.3t(3.0t)9.0t8.5t13.0t

Cost of goods sold

(3.0t)(3.4t)(3.2t)(2.9t)2.7t(8.1t)(6.6t)(10.6t)

Gross profit

767.3b682.9b721.7b422.5b(350.5b)903.4b1.9t2.4t

Gross profit Margin, %

21%17%18%13%12%10%23%19%
Annual
KRWFY, 2018FY, 2019FY, 2020FY, 2021

Cash

1.3t1.4t1.5t1.6t

Accounts Receivable

1.5t1.4t1.4t1.9t

Prepaid Expenses

90.5b125.5b128.9b194.8b

Inventories

1.8t1.7t1.6t2.8t
Quarterly
KRWQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

1.8t2.9t2.3t1.6t1.4t1.6t1.5t1.3t

Accounts Receivable

1.8t1.8t1.8t1.4t1.2t1.4t1.8t1.9t

Prepaid Expenses

22.9b17.3b15.1b49.5b19.6b16.5b6.1b6.0b

Inventories

1.6t1.8t1.8t1.6t1.3t1.4t2.2t2.4t
Annual
KRWFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

1.6t756.7b175.3b1.4t

Depreciation and Amortization

685.0b731.6b830.9b801.5b

Inventories

(258.1b)60.5b97.9b(1.2t)

Accounts Payable

(328.1b)170.1b(34.1b)748.1b
Quarterly
KRWQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

223.7b495.0b709.1b(61.5b)(59.5b)88.3b1.0t1.4t

Depreciation and Amortization

164.1b337.3b533.4b1.2t413.3b621.6b394.0b596.2b

Inventories

163.7b51.5b59.5b696.3b345.9b319.5b(648.3b)(799.6b)

Accounts Payable

163.5b224.2b(28.0b)(1.3t)(527.3b)(432.3b)326.9b246.7b
KRWFY, 2018

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x
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LOTTE Chemical Revenue Breakdown

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LOTTE Chemical revenue breakdown by business segment: 100.0% from MONOMER

LOTTE Chemical revenue breakdown by geographic segment: 100.0% from SOUTH KOREA

LOTTE Chemical Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

LOTTE Chemical Online and Social Media Presence

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LOTTE Chemical News and Updates

LOTTE Chemical Awarded ‘WINNER’ in the Design Concept Sector of the 2022 Red Dot Design Awards by Integrating Material Technologies and Design

LOTTE Chemical announced that it received two WINNER awards at the 2022 Red Dot Design Award. The Red Dot Design Award began in 1955 as an award overseen by the Design Zentrum Nordrhein Westfalen of Germany and it is one of the top 3 industrial design awards of the world together with IDEA (Inte…

Novatex Eyes Acquisition of Stake in LOTTE Chemical Pakistan

Novatex Limited has expressed its interest in acquiring control of 1.13 billion voting shares of LOTTE Chemical Pakistan, which is 75.01% of the paid-up capital of the company.

LOTTE Chemical Regenerated Plastic Material (PCR-PP) Expands Application Domestically and Globally

█ PP materials (Post-Consumer Recycled Polypropylene) applying LOTTE Chemical PCR 50% used in the famous Japanese cosmetic product company. █ Through quality certification and sampling work spanning for about a year, passed strict material standards of the client company and applied. packaging conta…

LOTTE Chemical Takes a Big Step for a Greener World Published ‘2021 Sustainable Management Report’ containing Every Step for GREEN Activities

■ Disclosed by concertizing ESG strategies and mid- to long-term growth strategies of LOTTE Chemical by publishing the. LOTTE Chemical announced that it issued the ‘2021 Sustainable Management Report’ to concretize and disclose its ESG strategies and mid- to long-term growth strategies, while active…

Korea’s Lotte Chemical to Expand EV Battery Materials Output

South Korea’s Lotte Chemical plans to spend an additional $108 million to expand a factory to produce four core electrolyte materials vital to the manufacture of lithium-ion batteries for electric vehicles (EVs).

LOTTE Chemical Applies Gas Separator Carbon Capture Technologies in Blue Hydrogen Production Site... Expected to Advance Related Technologies and Increase Utilization

LOTTE Chemical Applies Gas Separator Carbon Capture Technologies in Blue Hydrogen Production Site... Advancement of gas separator CO2 capture technologies and procured hybrid CO2 capture technologies. LOTTE Chemical will begin technological development of hybrid CO2 capture liquefaction processes fo…
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LOTTE Chemical Frequently Asked Questions

  • When was LOTTE Chemical founded?

    LOTTE Chemical was founded in 1976.

  • Who are LOTTE Chemical key executives?

    LOTTE Chemical's key executives are Shin Dong-Bin, Kim Gyo-Hyun and Hwang Jin-Koo.

  • How many employees does LOTTE Chemical have?

    LOTTE Chemical has 10,093 employees.

  • What is LOTTE Chemical revenue?

    Latest LOTTE Chemical annual revenue is ₩18.1 t.

  • What is LOTTE Chemical revenue per employee?

    Latest LOTTE Chemical revenue per employee is ₩1.8 b.

  • Who are LOTTE Chemical competitors?

    Competitors of LOTTE Chemical include Perma Pure, Domo Chemicals and Inner Mongolia Shenzhou Silicon Industry.

  • Where is LOTTE Chemical headquarters?

    LOTTE Chemical headquarters is located at 300 Olympic-ro, Sincheon-dong, Songpa-gu, Seoul.

  • Where are LOTTE Chemical offices?

    LOTTE Chemical has offices in Seoul, Busan, Daegu, Daejeon and in 52 other locations.

  • How many offices does LOTTE Chemical have?

    LOTTE Chemical has 67 offices.