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Lotte Chemical Corporation (011170.KS)

KSE - KSE Delayed price. Currency in KRW
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106,900.00-8,500.00 (-7.37%)
At close: 03:30PM KST

Lotte Chemical Corporation

Lotte World Tower
14th Floor-16th Floor 300 Olympic-ro Songpa-gu
Seoul 05551
South Korea
82 2 829 4114
https://www.lottechem.com

Sector(s)Basic Materials
IndustryChemicals
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Dong-Bin ShinChairman of the Board & CEON/AN/A1955
Mr. Hun-Ki LeePresident, CEO & DirectorN/AN/A1967
Mr. Jin-Koo HwangVP, CEO & DirectorN/AN/A1968
Mr. Young-jun LeeVP, CEO & DirectorN/AN/A1965
Mr. Nak-Seon SungCFO & Inside DirectorN/AN/A1972
Mr. Sung-Taek ChoDeputy MD & Director of Financial Accounting DepartmentN/AN/A1963
Kim HoonHead of the IR teamN/AN/AN/A
Mr. Sung-Ki KimDeputy MD & Director of Legal Affairs DepartmentN/AN/A1966
Mr. Yoon-Seok KimDeputy MD and Director of HR Department & Purchasing DepartmentN/AN/A1965
Min-Woo KimNew Business Division HeadN/AN/AN/A
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in KRW.

Description

Lotte Chemical Corporation, a chemical company, manufactures and distributes polymers, monomers, basic petrochemical products, and megatrend products. The company operates through Monomer, Polymer, Basic Petrochemicals, and Others segments. It offers polymer products, including high density, low-density, and linear low-density polyethylene, as well as ethylene-vinyl acetate; transparent-impact resistance polypropylene, as well as polypropylene for injection and blow molding, yarns/fibers, and films; thermoplastic elastomers, adhesive resins, thermoplastic olefins, long fiber reinforced thermoplastics, and expanded polypropylenes; polycarbonates, polycarbonate resins, and acrylonitrile-butadiene-styrene resins; and polyethylene terephthalates. The company also provides monomers, such as ethylene glycols/ethylene oxides; methoxy polyethylene glycols and polyethylene glycols, as well as VPEG, a raw material for third generation admixtures; glycole ethers; methyl methacrylates; purified isophthalic acids; and purified terephthalic acids. In addition, it offers basic petrochemicals comprising benzene, toluene, mixed xylene, meta-xylene, para-xylene, and ortho-xylene, as well as isoprene, dicyclopentadiene, piperylene, and styrene monomers; and water treatment membranes. Further, the company provides property lease and labor dispatch services. It conducts operations in the Republic of Korea, Malaysia, the United States, Pakistan, China, and other regions. The company was formerly known as Honam Petrochemical Corporation and changed its name to Lotte Chemical Corporation in December 2012. Lotte Chemical Corporation was founded in 1976 and is headquartered in Seoul, South Korea.

Corporate governance

Lotte Chemical Corporation’s ISS governance QualityScore as of 1 May 2024 is 7. The pillar scores are Audit: 1; Board: 8; Shareholder rights: 8; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.