LOTTE DAESAN PETROCHEM CORPORATION

Korea (South)

plant
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news articles
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South Korean company that Lotte Chemical split off in June 2026 to hold its Daesan petrochemical site, as the first step of the restructuring agreed with HD Hyundai Chemical. HD Hyundai Chemical absorbed it on 1 September 2026 and took the name H&L Advanced.

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LOTTE DAESAN PETROCHEM CORPORATION in chemical industry news

6 November 2026
LOTTE Chemical restructures basic chemicals and expands specialty businesses after Q3 2026 loss

Q3 revenue KRW 5.3951T, operating loss KRW 281.4B; Daesan JV launched; Yeosu integration targeted H1 next year; Yulchon compounding capacity 500,000 t/yr with new specialty line in Q1.

7 August 2026
LOTTE Chemical Q2 2026 results and restructuring push

Posted KRW 5.6864 trillion revenue and KRW 110.1 billion operating profit; advancing Daesan and Yeosu restructurings and bringing Yulchon compounding plant into operation this year.