What are the four high-value emerging industries Lotte Chemical is prioritizing in its strategic transformation?

Lotte Chemical is prioritizing advanced materials, fine chemicals, battery materials, and the hydrogen industry as its four core growth engines in its strategic transformation plan.

Why is Lotte Chemical exiting its bulk petrochemical business, and what financial pressure prompted this decision?

Lotte Chemical is exiting its low-profit bulk petrochemical business due to chronic overcapacity in the Northeast Asian petrochemical industry, persistent losses in its traditional bulk chemical segment—which accounted for 62% of total revenue and 68% of total assets—and severe financial deterioration, including a record net loss of 2.49 trillion KRW in 2025, with the bulk chemical division alone posting an operating loss of 857.7 billion KRW last year.

Lotte Chemical Announces Strategic Transformation Plan

Apr 28, 2026

Lotte Chemical announced a strategic pivot from loss-making bulk chemicals to high-value-added sectors like advanced materials and battery components. The company plans to restructure production bases and invest proceeds into emerging industries including hydrogen and semiconductors by 2030.

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