Its roles Owner Operator Developer
LOTTE Engineering Plastics Co., Ltd. (Korean: 롯데엔지니어링플라스틱(주)), formerly Sambark LFT Co., is a South Korean manufacturer of advanced engineering plastics and composite materials. Established in January 2000 and acquired by LOTTE Chemical in October 2009, the company specializes in long-fiber reinforced thermoplastics (LFT), woven long-fiber hybrid thermoplastics (WLFT), expanded polypropylene (EPP), LOTTMER, and ADPOLY.
With production facilities in Yesan and Asan, its products serve automotive parts, construction materials, and industrial applications, offering lightweight alternatives to metals. The company operates plants in China and India to support global markets.
In 2024, it rebranded to emphasize engineering plastics as its core business. LOTTE Engineering Plastics is constructing South Korea's largest compounding plant in Yulchon, Jeollanam-do, with a 500,000 tonnes/year capacity for high-performance materials targeting mobility, IT, physical AI, aviation, and aerospace sectors. Full commissioning is planned for the second half of 2026.
Also known as Sambark LFT Co..
chemXplore tracks 2 projects involving LOTTE Engineering Plastics Co., Ltd., of which one is active.
Besides this one, the record holds 1 completed project.
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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.
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.
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.
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