Lotte Chemical (011170.KS)

Overall impact
D (24)

Commentary

Lotte Chemical is a below-average overall performer. With a 'D' rating of 23.8 for overall impact (bottom 10% of all companies), Lotte Chemical ranks 136th out of 151 industry peers, behind Amyris, Aemetis, Northern Technologies International and 132 others, and ahead of Mitsubishi Gas Chemical Inc, Lightwave Logic, WR Grace and 12 others. On top material causes for Lotte Chemical's industry (Chemicals), Lotte Chemical performs poorly in Child and Maternal Health (32.3 score), Sustainable Use of Water (0.0), Reduced Green House Gas Emissions (0.0) and 9 other causes where it received a 'D' or 'F' score. Lotte Chemical did not receive an 'A' rating on any cause.
Impact
Cause 011170.KS
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Company
Founded
1976
Employees
4,904
Sector
Materials
Industry
Chemicals
Sub-industry
Specialty Chemicals
SASB industry
Chemicals
Headquarters
South Korea
Share classes
011170.KS
Description
Lotte Chemical Corporation, a chemical company, manufactures and distributes polymers, monomers, basic petrochemical products, and megatrend products. The company operates through Monomer, Polymer, Basic Petrochemicals, and Others segments. It offers polymer products, including high density, low-density, and linear low-density polyethylene, as well as ethylene-vinyl acetate; transparent-impact resistance polypropylene, as well as polypropylene for injection and blow molding, yarns/fibers, and films. Thermoplastic elastomers, adhesive resins, thermoplastic olefins, long fiber reinforced thermoplastics, and expanded polypropylenes are also part of their product range. The company also provides monomers, such as ethylene glycols/ethylene oxides; methoxy polyethylene glycols and polyethylene glycols, as well as VPEG, a raw material for third generation admixtures; glycole ethers; methyl methacrylates; purified isophthalic acids; and purified terephthalic acids. In addition, it offers basic petrochemicals comprising benzene, toluene, mixed xylene, meta-xylene, para-xylene, and ortho-xylene, as well as isoprene, dicyclopentadiene, piperylene, and styrene monomers; and water treatment membranes. Further, the company provides property lease and labor dispatch services. It conducts operations in the Republic of Korea, Malaysia, the United States, Pakistan, China, and other regions. The company was formerly known as Honam Petrochemical Corporation and changed its name to Lotte Chemical Corporation in December 2012. Lotte Chemical Corporation was founded in 1976 and is headquartered in Seoul, South Korea.
Material causes
Ethos considers the following causes material for Lotte Chemical, based on its industry sub-industry Specialty Chemicals. Learn more about material causes in our methodology overview.

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