LOTTE Chemical Plans 2026 Expansion in High-Performance Materials and Eco-Friendly Energy
- Recorded KRW 18,483.0 billion revenue and KRW 943.6 billion operating loss in 2025.
- Yulchon compounding plant to complete in 2026, expanding Super EP product lines.
- U.S. cathode foil plant construction to finish in 2026, expanding battery materials.
- 60MW hydrogen fuel cell power plant in Ulsan to begin operation.
Financial Performance
In 2025, LOTTE Chemical reported consolidated revenue of KRW 18,483.0 billion and an operating loss of KRW 943.6 billion. The company focused on restructuring its domestic commodity petrochemical business, optimizing facility utilization, and disposing of non-core assets to strengthen financial soundness.
Strategic Focus
LOTTE Chemical aims to reduce its reliance on commodity petrochemicals and establish a foundation for future growth. The company plans to accelerate the expansion of high-performance materials and eco-friendly energy businesses in 2026.
High-Performance Materials
The Yulchon compounding plant, scheduled for completion in 2026, will expand high value-added Super EP product lines. Additionally, the construction of a cathode foil plant in the U.S. is set to finish in 2026, enhancing the battery materials business, including functional copper foil products.
Eco-Friendly Energy
LOTTE Chemical is strengthening its eco-friendly energy business with the operation of a 60MW hydrogen fuel cell power plant in Ulsan. This initiative is part of the company's broader strategy to enhance competitiveness in sustainable energy solutions.
Source: LOTTE Chemical