Lotte Energy Materials

Korea (South)

Lotte Energy Materials is a South Korea–based manufacturer of advanced electronic materials, best known for electrolytic copper foil used as the current collector in lithium‑ion batteries. The company was formerly Iljin Materials and became part of the Lotte Group following its acquisition by Lotte Chemical, after which it was rebranded as Lotte Energy Materials.

Its battery‑grade copper foils are supplied to global cell and electronics manufacturers for applications in electric vehicles, energy storage systems, and consumer devices. The company also provides copper foils for broader electronic and industrial uses. Lotte Energy Materials operates production and R&D in South Korea and internationally, including Malaysia, and continues to expand capacity to support growth in the rechargeable battery supply chain.

Latest news on Lotte Energy Materials

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.

29 March 2026
LOTTE Chemical to merge with HD Hyundai Chemical after Daesan spin-off, pivots to specialty materials

Targets >60% specialty by 2030; building a 500k t/yr compounding plant; creating hydrogen value chain—four fuel-cell plants (80MW) and 450‑bar H2 hub; expanding high-end copper foil and TMAH output.

4 February 2026
LOTTE Chemical Plans 2026 Expansion in High-Performance Materials and Eco-Friendly Energy

Recorded KRW 18,483B revenue, KRW 943.6B loss in 2025. Focus on reducing commodity petrochemicals, expanding high-value materials, and boosting eco-friendly energy capacity.

28 December 2025
LOTTE Chemical Restructures for High-Value Specialty Focus

Shifting from commodity petrochemicals, the company invests in specialty materials, hydrogen, and semiconductor solutions, while enhancing financial stability through strategic divestments.

12 November 2025
LOTTE Chemical Q3 2025 Provisional Results

Sales reached KRW 4.7861 trillion with a KRW 132.6 billion loss. Structural reforms and asset sales aim to boost competitiveness and financial stability.