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Overview

LOTTE INEOS CHEMICAL

Established in 1989 through a joint contract with U.K’s BP, LOTTE INEOS CHEMICAL is the only company in Korea that produces Acetic Acid, which is a high value-added fine chemical product, and VAM (Vinyl Acetate Monomer). Through these activities, LOTTE INEOS CHEMICAL is greatly contributing to the nation’s economy. In addition, we are also committed to various innovative & diverse efforts to produce products that can lead the global market. We are also fulfilling our role as a leader of ENVIRONMENT & SAFETY by always thinking about the safety of our employees, our customers, and even the future generation by implementing eco-friendly business management and safety campaigns based on our HSE (HEALTH, SAFETY, ENVIRONMENT) POLICY for a cleaner environment and healthier life.

LOTTE INEOS CHEMICAL Factory image

Through constant business innovation, LOTTE INEOS CHEMICAL strives to become a larger and stronger company that always seeks co-existence with our employees, community, society, and customers. We promise that we will grow into a globally competitive Acetyl company through innovative corporate management, improved competitiveness, and a high level of labor-management harmony.

  • Date of Establishment

    July 30th, 1989

  • Revenue
    (As of 2023)

    8,994
    100 Mil.KRW

  • Main Products

    Acetic Acid (650,000t/year)
    VAM (200,000t/year)
    Hydrogen (2.39 Mil. KNm3/year)

  • Operating profit
    (As of 2023)

    1,246
    100 Mil.KRW

OFFICE
ULSAN PLANT
44987, 63-15, Sanggae-ro, Cheongnyang-eup, Ulju-gun, Ulsan, Republic of Korea (ZIP CODE: 44987)
SEOUL OFFICE
Mirae ASSET CENTER West Building 8F, 26, Eulji-ro 5-gil, Jung-gu, Seoul, Republic of Korea (ZIP CODE: 04539)

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