Lotte Chemical

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08.04.2024 • News

Neste, Lotte Chemical Collaborate on Renewable Chemicals and Plastics

Finnish refiner Neste and South Korean chemical company Lotte Chemical agreed on a strategic collaboration to replace fossil resources with renewable raw materials in the manufacturing of chemicals and plastics. This, the partners said, will enable products and applications with a lower carbon footprint compared to those produced from fossil resources.

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10.02.2023 • News

Lotte, Mitsubishi and RWE in US Ammonia Project

Lotte Chemical, part of South Korean conglomerate Lotte, has formed a strategic alliance with Japan’s Mitsubishi Corporation (MC) to jointly develop stable large-scale green and blue “clean ammonia” supply chains in Asia, Europe and the US.

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08.02.2023 • News

Lotte Ineos to Build Third VAM Plant in Korea

Lotte Ineos Chemical, a joint venture of South Korea’s Lotte Chemical and UK-managed Ineos, has announced plans to increase overall production capacity for vinyl acetate monomer (VAM) to 700,000 t/y from 450,000 t/y currently.

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