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October 26, 2021

Lotte Chemical Corporation Daesan Complex, South Korea

By Carmen

Lotte Chemical Corporation Daesan Complex is an active petrochemical complex located in Gyeonggi Province, South Korea. The complex started commercial operations in 2008 and currently has an active annual capacity of 5.69mtpa. Its capacity is expected to remain the same as 5.69mtpa in 2030. The plants in this complex are operated by Lotte Chemical and Lotte Daesan Petrochemical.


Key Products Capacity – Lotte Chemical Corporation Daesan Complex, 2020

Key products produced in this complex include ethylene, ethylene glycol (EG), ethylbenzene, styrene, propylene etc.


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Ethylene accounts for major capacity share i.e., 19.3% of the total annual capacity of the complex with 1.1mtpa, followed by ethylene glycol (EG) and ethylbenzene with 12.8% (0.73mtpa) and 10.9% (0.62mtpa) respectively.

About Lotte Chemical


Lotte Chemical Corp (Lotte Chemical) is a chemical company that carries out the manufacture and sale of basic chemicals and petrochemicals. Its portfolio of products includes polymers such as low-density polyethylene and ethylene vinyl acetate; monomers such as ethylene glycol and ethylene oxide; chemical fibers, and megatrends. The company’s products are used in household goods and materials for agricultural, engineering, medical, and auto industries. Lotte Chemical has manufacturing facilities in Daesan, Yeosu, and Ulsan, and research and development centers in Daedeok and Yeosu in South Korea. The company has overseas offices in China, Hong Kong, Russia, the US, Peru, Turkey and Vietnam. Lotte Chemical is headquartered in Seoul, South Korea.

Methodology

Information on the petrochemical complexes/plants is sourced from GlobalData’s oil & gas petrochemicals plants database that provides detailed information on all active and upcoming, petrochemical plants globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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