About Lotte Chemical
Lotte Chemical is a company based in Johor Bahru (Malaysia) founded in 1976.. The company has 4,760 employees as of December 31, 2024. Lotte Chemical has completed 1 acquisition, including W Concept. Lotte Chemical offers products and services including Synthetic Resins, Battery Materials, and Advanced Materials.
- Headquarter Johor Bahru, Malaysia
- Employees 4760 as on 31 Dec, 2024
- Stage Public
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Sectors
Chemicals & Materials
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Lotte Chemical Corporation
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Annual Revenue
$13.85 B (USD)2.43as on Dec 31, 2024
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Net Profit
$-1.16 B (USD)-3318.07as on Dec 31, 2024
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EBITDA
$276.18 M (USD)-49.92as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
4760
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Lotte Chemical
Lotte Chemical is a publicly listed company on the KRX with ticker symbol 011170 in South Korea, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Lotte Chemical
Lotte Chemical offers a comprehensive portfolio of products and services, including Synthetic Resins, Battery Materials, and Advanced Materials. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Materials used in manufacturing for durable goods and packaging.
Components for lithium-ion batteries in electric vehicles.
High-performance polymers for electronics and automotive applications.
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Funding Insights of Lotte Chemical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Lotte Chemical
Lotte Chemical has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include W Concept. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-category products are offered via an online retail platform.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lotte Chemical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lotte Chemical Comparisons
Competitors of Lotte Chemical
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lotte Chemical
Frequently Asked Questions about Lotte Chemical
When was Lotte Chemical founded?
Lotte Chemical was founded in 1976.
Where is Lotte Chemical located?
Lotte Chemical is headquartered in Johor Bahru, Malaysia. It is registered at Johor Bahru, Johor, Malaysia.
Who is the current CEO of Lotte Chemical?
Kim Gyo Hyun is the current CEO of Lotte Chemical.
How many employees does Lotte Chemical have?
As of Dec 31, 2024, the latest employee count at Lotte Chemical is 4,760.
What is the annual revenue of Lotte Chemical?
Annual revenue of Lotte Chemical is $13.85B as on Dec 31, 2024.
What does Lotte Chemical do?
Lotte Chemical was established in 1976 and is headquartered in Johor Bahru, Malaysia. Operations focus on the chemical sector, where olefin and aromatics are produced for corporate use. Services extend to 152 countries. In 2022, annual revenues reached 17.24 billion, with a net profit of 0.05 billion recorded.
What products or services does Lotte Chemical offer?
Lotte Chemical offers Synthetic Resins, Battery Materials, and Advanced Materials.
Is Lotte Chemical publicly traded?
Yes, Lotte Chemical is publicly traded on KRX under the ticker symbol 011170.
How many acquisitions has Lotte Chemical made?
Lotte Chemical has made 1 acquisition, including W Concept.
What is Lotte Chemical's ticker symbol?
The ticker symbol of Lotte Chemical is 011170 on KRX.
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