Recently, "Lotte" has become the hot search of the whole network. As a person in the chemical materials industry, there may not be much interest in other Lotte industries, but the development of Lotte Chemical and the basic situation in China are worthy of our understanding. Below, let's take a look at Lotte Chemical.
Lotte Chemical
Lotte Chemical Korea's famous petrochemical group, founded in March 1976, is headquartered in Seoul and is part of Korea Lotte Group. The LOTTE CHEMICAL's Lishui, Dashan and Ulsan plants are the largest in Korea.
The company produces petrochemical basic raw materials and products such as olefins and aromatics. It also expands its factories and expands its business, and builds a one-stop production system from raw materials to products. Representative products are ethylene, HDPE, LDPE, LLDPE, functional resins, EG, SM, PIA, PET, and the like.
ä¹ Lotte Chemical in South Korea
ä¹ Lotte Chemical is in the world
Lotte Chemical Development History
In March 1970, Lotte Chemical was established; in April, technology was imported from Mitsui Petrochemical Company, Mitsui Chemicals Co., Ltd. and British Shell Company;
In March 1979, PP, PE, EOG and UC plants were completed; in December, HDPE, PP and EOG began commercial production;
In September 1984, a compound resin plant was built (gradual expansion);
In November 1988, the second PP factory was built;
In January 1991, the laboratory moved to the Daeduk R&D Complex;
In April 1992, the light oil cracking center and the BTX plant were put into operation;
In 1997, EOG expanded its third EOG plant;
In July 1998, the PET plant was put into production;
In June 1999, the third HDPE plant was expanded;
In February 2000, the EOA plant went into production;
In 2001, the MMA plant was put into operation in June; in November, the third PP plant was completed and expanded by the light oil cracking center and the BTX plant;
In May 2003, a steam power plant and a 3AS plant were built; in June, LG Chemical and HPC Enterprise Group were established to acquire the second plant of Hyundai Petrochemical Company;
In January 2004, ERP was implemented; in November, Gaohe (KP) Petrochemical Company was closed;
In December 2005, signed a contract to introduce polycarbonate manufacturing technology (Asahi Kasei Chemicals);
In July 2006, Hushi Chemical Trading (Shanghai) Co., Ltd. was established in China; in September, China Dajin Chemical (Jiaxing) Co., Ltd. was acquired, and the company name was changed to Jiaxing Hushi Engineering Plastics Co., Ltd.;
In 2008, the equity acquisition of Weifang Yaxing Group; commercial production of PC in December;
In January 2009, the merger of Lotte Dashan was oiled;
In July 2010, the acquisition of Titan Chemical Corp in Malaysia; the acquisition of DACC Aviation in October;
In January 2011, Hunan Mitsui Chemicals was established;
In December 2012, merged KPCHEMICAL and changed the company name to LOTTECHEMICAL
In February 2016, the company acquired Samsung Precision Chemical (now Lotte Precision Chemical).
Lotte Chemical in China
Since Lotte entered the Chinese market in 1994, its business scope has covered many fields such as food, retail, tourism, petrochemical, construction, manufacturing, finance, and services.
Among them, Lotte Chemical has Zhejiang Jiaxing Factory, Hushi Chemical Trading Company and Hefei Engineering Plastics Factory in China.
The picture below shows the layout of Lotte in China:
1. Hushi Chemical Trading (Shanghai) Co., Ltd.
Stone Chemical Trading (Shanghai) Co., Ltd. is a foreign-funded joint venture established in Shanghai. The two major petrochemical companies under the Lotte Group, Hunan Petroleum Chemical Co., Ltd. (HONAM PETROCHEMICAL) and KP Chemical (KP CHEMICAL) ) Co-investment.
Founded on May 8, 2006, the company not only sells all products of “Hunan Petrochemical Co., Ltd.†and “KP Chemicalâ€, but also sells the products of Malaysian petrochemical “TITAN†acquired by Hunan Petrochemical in July 2010.
2. Lotte Chemical (Jiaxing) Co., Ltd.
Lotte Chemical (Jiaxing) Co., Ltd. was established in May 2010 and officially put into operation in October 2012. The total investment is about 530 million yuan. It is located in the Chemical New Materials Park of Zhangpu Development Zone, Jiaxing Port.
Main products: ETA (ethanolamine), monoethanolamine (MEA), diethanolamine (DEA), triethanolamine (TEA), etc.
3. Lotte Engineering Plastics Jiaxing Co., Ltd.
Lotte Engineering Plastics Jiaxing Co., Ltd. was established in 2006, and its main products are: TPO, EPP, LFT, adhesive resin and so on.
Lotte Engineering Plastics LFT-PP parts (below)
4. Lotte Engineering Plastics (Hefei) Co., Ltd.
Lotte Engineering Plastics (Hefei) Co., Ltd. was established in April 2011. It has 10 fully automatic imported products production lines to develop and produce PP, PE, PC/ABS, ABS, EPP and other modified plastics and functional masterbatch.
The company's products are widely used in automotive, home appliances, OA equipment, communications, building materials, toys, power tools, lighting, food packaging and other industries and a variety of fields.
5 Lotte Engineering Plastics (Shenyang) Co., Ltd.
Lotte Engineering Plastics (Shenyang) Co., Ltd. was established in June 2015 and is a 100% investment company of Korea Lotte Chemical Co., Ltd.
The company mainly produces PP polymer resin, TPV (thermoplastic elastomer), adhesive resin, PC polymer resin, etc. The products are mainly used in automobiles, home appliances, tools and other industries.
6 Sanjiang Lotte Chemical Co., Ltd.
Established on May 11, 2010, Sanjiang Chemical Co., Ltd. and South Korea Honam Petrochemical Co., Ltd. (Lotte Group subsidiary) joint venture project 100,000 tons EO / year and supporting 18000Nm3 / h air separation unit on September 28, 2012 Feeding and driving.
Lotte Chemical Products
Lotte Chemical produces olefin, aromatic and other petrochemical basic raw materials and products, and continues to expand its factories and expand its business, building a one-stop production system from raw materials to products. Representative products are: ethylene, HDPE, LDPE, LLDPE, functional resins, EG, SM, PIA, PET, etc. In addition, there are several modified plastic factories in China.
1, polypropylene PP Polypropylene
LOTTE CHEMICAL has introduced the world's largest number of Basell's Spheripol, Spherizone processes and Japan's MCI's Hypol II process technology, and produces 1.1 million tons of PP per year through the construction of its own license factory.
The company can produce: Polypropylene, block copolymer, random copolymer, random terpolymer and other polypropylene products, widely used in automotive plastic parts, home appliances, disposable syringes, various transparent containers, Raw materials such as sanitary non-woven fabrics and packaging films.
Lotte Polypropylene
2, polyethylene PE Polyethylene
LOTTE CHEMICAL has introduced a process using ziegler-natta catalysts from Mitsui Petrochemical Industries Co., Ltd. to produce 630,000 tons of HDPE products per year by continuous polymerization.
In 2004, the company acquired LDPE, EVA, and LLDPE processes through the acquisition of Hyundai Petrochemical (now Lotte Dashan Oil Chemical).
Lotte Polyethylene
3, functional resin Functional Resin
Modified PP composite resin, the application range from automotive bumpers, airbag covers, instrument panel materials, interior materials and other auto parts that require safety and durability to other industrial fields such as household products.
The high performance thermoplastic elastomer LOTTMER, adhesive resin ADPOLY, high melt strength polypropylene (HMS-PP), TPEV, GENPOLY, TPO, LFT-PP, etc. have been successfully developed.
4, polycarbonate PC Polycarbonate
LOTTE CHEMICAL introduced the melting process of Japan's AsahiKasei Company to produce polycarbonate PC.
The PC produced is different from the traditional polycarbonate process. It does not use toxic gas phosgene. It not only does not emit waste solvents and waste water, but also uses the carbon dioxide of the global warming as a raw material, and recycles all intermediate products. Widely used in CD DVDs, automotive headlamps, soundproof walls and electrical and electronic products.
5, PET Polyethylene terephthalate
PET is a product that LOTTE CHEMICAL is proud of. The PET Bottle raw material used as a food and beverage container is an environmentally friendly product that can be recycled into fiber after use; it has good hygienic properties and is widely used in pharmaceutical packaging containers.
PET Bottle is uniquely non-toxic, transparent, safe, chemical resistant, lightweight, formable and economical, and is rapidly replacing traditional glass bottles and aluminum alloy cans. At the same time, it is also available in a variety of colors and styles for product development in various applications such as beer bottles.
6, Compound PLASTIC
LOTTE CHEMICAL mixes polycarbonate (PC) with excellent mechanical properties, high heat distortion temperature and inherent transparency with functional additives and fillers to produce polycarbonate compounds.
Meanwhile, in order to improve the fluidity of the polycarbonate, a PC/ABS compound is also produced.
According to the different requirements of the parts used, PC compounds and PC/ABS compounds are widely used in electrical and electronic products, office equipment, auto parts and LED lighting covers, etc., such as rigidity, flame retardancy, impact resistance and heat resistance. .
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