Lotte Chemical

There are 3 posts tagged Lotte Chemical (this is page 1 of 1).

14/09/2026HD Hyundai Chemical and Lotte Chemical Officially Launch Daesan Joint Venture ‘H&L Advanced’

HD Hyundai Oilbank and Lotte Chemical each invested 600 billion won, totaling 1.2 trillion won, to officially establish the Daesan joint venture ‘H&L Advanced’ as of September 1, 2026, holding a launch ceremony at the Daesan plant on September 4. The merger is reported to be the Ministry of Trade, Industry and Energy’s “Daesan Project […]

01/09/2026Lotte Chemical and HD Hyundai Oilbank’s Daesan Joint Venture ‘H&L Advanced’ Officially Launches September 1

The Daesan petrochemical joint venture between Lotte Chemical and HD Hyundai Oilbank, named ‘H&L Advanced,’ officially launched on September 1, 2026, it is reported. The surviving entity is HD Hyundai Chemical, into which Lotte Daesan Petrochemical — the company spun off from Lotte Chemical’s former Daesan plant — will be merged, with Lotte Chemical and […]

24/08/2026Korea’s FTC Conditionally Approves Lotte Chemical-HD Hyundai Chemical Daesan Integration, 1.2 Trillion Won Capital Increase

Korea’s Fair Trade Commission (FTC) has conditionally approved HD Hyundai Chemical’s merger with Lotte Daesan Petrochemical, it is reported. Under the integration, the two companies will each inject 600 billion won, for a combined 1.2 trillion won capital increase, and Lotte Chemical’s naphtha cracking center (NCC) at its Daesan plant will be shut down. The […]