Established in 1989 through a joint contract with U.K’s BP, LOTTE INEOS CHEMICAL is the only company in Korea that produces Acetic Acid, which is a high value-added fine chemical product, and VAM (Vinyl Acetate Monomer). Through these activities, LOTTE INEOS CHEMICAL is greatly contributing to the nation’s economy. In addition, we are also committed to various innovative & diverse efforts to produce products that can lead the global market. We are also fulfilling our role as a leader of ENVIRONMENT & SAFETY by always thinking about the safety of our employees, our customers, and even the future generation by implementing eco-friendly business management and safety campaigns based on our HSE (HEALTH, SAFETY, ENVIRONMENT) POLICY for a cleaner environment and healthier life.
Through constant business innovation, LOTTE INEOS CHEMICAL strives to become a larger and stronger company that always seeks co-existence with our employees, community, society, and customers. We promise that we will grow into a globally competitive Acetyl company through innovative corporate management, improved competitiveness, and a high level of labor-management harmony.
Date of Establishment
July 30th, 1989
Revenue 8,994
100 Mil.KRW
Main Products
Acetic Acid (650,000t/year)
VAM (200,000t/year)
Hydrogen (2.39 Mil. KNm3/year)
Operating profit1,246
100 Mil.KRW