Lotte Chemical Corp.

Lotte Chemical Corp.

Lotte Chemical Corp.

Overview
Date Founded

1976

Headquarters

7-11/F, Lotte Tower Building,51 Boramae-ro 5-gil,Dongjak-gu,Seoul 07071

Type of Company

Public

Employees (Worldwide)

2,857

Industries

Chemicals

Company Description

Lotte Chemical Corp Based at our 64-acre manufacturing facility at Wilton in Teeside, some 350km from London, we produce in excess of 150,000 tonnes of Polyethylene Terephthalate (PET) resin chips every year and over 500,000 tonnes of the polyester intermediate Purified Terephthalic Acid (PTA). Capacity we’re able to meet thanks to the dedication of our 150-strong workforce of skilled engineers, scientists, technicians and support staff. Our collective aim? To seek new ways to meet customers’ ever-evolving demands for PET and PTA – be that crystal clear transparency for optimum product visibility, modular mould capabilities to enable brand differentiation at low cost, or lightweight and low material usage for a reduced carbon footprint. It’s why we’re regularly enhancing our products. It’s why we’re continually investing in our people and our processes. But most tellingly of all, it’s why we remain one of the preferred partners for converters and brand owners throughout Europe.

Executives & Employees

Chairman & Chief Executive Officer

President & Chief Executive Officer

Executive Director

Co-President, Co-Chief Executive Officer & Director

Executive Director & Head-Polymer Business

Executive Board Member & Head-Research VI Team

Head-Information Strategy

Managing Director

Managing Director

Managing Director

Board of Directors

Chairman & Chief Executive Officer at Lotte Chemical Corp.

President & Chief Executive Officer at Lotte Chemical Corp.

Independent Director at Lotte Chemical Corp.

Independent Director at Lotte Chemical Corp.

Part-Time Outside Director at Lotte Chemical Corp.

Research Director at University of South Carolina

Part-Time Outside Director at Lotte Chemical Corp.

Co-President, Co-Chief Executive Officer & Director at Lotte Chemical Corp.

Executive Director at Lotte Chemical Corp.

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Owners & Shareholders
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NPSK utilizes their Strategic Asset Allocation process to formulate investment strategy. Their asset mix is constructed on the basis of long-term returns rate, risk tolerance and capital market expectations. Their Tactical Asset Allocation model refers to asset allocations modifications adapted to market changes, which allows them to take advantage of market inefficiencies. The firm invests in a range of asset classes including domestic fixed-income, domestic equity, international investments and alternative investments. Their fixed income and equity portfolios are managed both internally and externally. Alternative investments include infrastructure, real estate, corporate restructuring, private equity and venture capital.

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Firth is an active, long-only value manager which aims to provide outperformance in Asia ex-Japan equities in general (not just within the small cap sub-class). They invest in listed Asian smaller companies (excluding Japan, Australia and New Zealand) and employ a systematic investment strategy in mid- to large-cap stocks. They do not hedge against market risk or use cash levels deliberately to vary exposure to the market.The firm takes a conservative approach to portfolio construction with the aim of avoiding extreme outcomes. They are interested in smaller Asian companies because they typically are less researched and offer scope for material pricing inefficiencies. They feel that an active investment management approach offers the potential reward of materially better outcomes than regional equity index benchmarks both in terms of return and volatility of returns.Firth focuses on stock selection. They generate their own ideas and conduct their own research, emphasizing what they pay for a stock and the quality of the company. They aim to invest in cheap stocks where there is a reasonable probability of positive change to unlock the cheapness. They pay attention to a company's balance sheet and their ability to generate cash flow.Their Asian Systematic Equities Strategy employs quantitative tools to identify inefficiencies in the pricing of stock fundamentals. They combine the tools with a range of sophisticated processes to manage risk, particularly liquidity risk and the substantial macroeconomic cycle risk in Asian markets.Firth's systematic stock selection process monitors a range of intuitively sensible fundamental factor for which they have identified evidence of investor under-reaction (they do not process the information in an efficient and timely manner) which results in investment opportunities. They backtest to compare performance versus the benchmark index.

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IronHorse Capital provides investment advisory services to separately managed accounts and as sub-advisor to the Conductor Global Funds which consist of global equities, primarily focusing on investments in developed regions and markets. The firm employs a value-oriented selection process. They invest in companies across all regions of the world, from North America, to the developed EAFE (Europe, Australia, Far East) countries, to emerging markets.

Recent Transactions
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Lotte Corp. purchases Lotte Global Logistics Co., Ltd. from Lotte Chilsung Beverage Co., Ltd., Lotte Chemical Corp., Lotte Food Co., Ltd., Lotte GRS Co. Ltd.

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Lotte Chemical Corp., Lotte Advanced Materials Co., Ltd. purchase Peker Yüzey Tasarimlari AS

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Lotte Moolsan Co., Ltd., LOTTE Holdings Co., Ltd. purchase Lotte Asset Development Co., Ltd. from Lotte Chemical Corp., Lotte Construction Ltd.

Transaction Advisors
Legal Advisor

Advised onLotte Chemical Corp. purchases Samsung SDI Co., Ltd. /Chemical Business from Samsung SDI Co., Ltd. resulting in a new company Lotte Advanced Materials Co., Ltd.

Investment Advisor

Advised onLotte Chemical Corp. purchases Lotte Chemical Titan Holding Bhd. from Permodalan Nasional Bhd., Union Harvard Investment SRL, CGDC Investments Corp., AmanahRaya Trustees Bhd.

Investment Advisor

Advised onLotte Chemical Corp. purchases Lotte Chemical Titan Holding Bhd. from Permodalan Nasional Bhd., Union Harvard Investment SRL, CGDC Investments Corp., AmanahRaya Trustees Bhd.

Legal Advisor

Advised onLotte Chemical Corp. purchases Samsung SDI Co., Ltd. /Chemical Business from Samsung SDI Co., Ltd. resulting in a new company Lotte Advanced Materials Co., Ltd.

Legal Advisor

Advised onLotte Chemical Corp. purchases Samsung SDI Co., Ltd. /Chemical Business from Samsung SDI Co., Ltd. resulting in a new company Lotte Advanced Materials Co., Ltd.

Legal Advisor

Advised onLotte Chemical Corp. purchases Samsung SDI Co., Ltd. /Chemical Business from Samsung SDI Co., Ltd. resulting in a new company Lotte Advanced Materials Co., Ltd.

Advisors & Consultants
Legal Advisor

Korea Practice Partner & Head of Korea Practice, Seoul at Skadden, Arps, Slate, Meagher & Flom LLP

Clients

Hyundai Green Food Co., Ltd. engages in the provision of food services. It operates through following businesses: Food Service, Restaurant, Retail, Food Distribution and Retail Distribution. The Food Services business offers catering services to various institutions. The Restaurant business includes bakeries, restaurants, food courts, caterings and buffet. The Retail business provides sandleum, livestock, marine, factory products, supermarkets and convenient stores. The Food Distribution business offers stable food supplies through an effective logistic system. The Retail Distribution business supports the stores by supplying factory and food products and television home shopping sales. The company was founded on February 27, 1968 and is headquartered in Yongin, South Korea.

At Flextronics, impossible is where breakthrough begins. As a socially-responsible, global leader in design, manufacturing, distribution and aftermarket services, Flextronics is unique in its ability to provide end-to-end solutions through its innovative and proprietary systems — all to enhance customer competitiveness and success. Working across four business groups and several business units, Flextronics is able to unleash the full potential of the world’s most valuable brands and new ventures. What Flextronics creates is value. By increasing speed to market and driving competitive positioning for customers, Flextronics in essence solves customers’ most challenging problems better, faster and more cost effectively than any other company. Flextronics is able to manage big data in a way that allows for trending in market environments that are in flux, allowing the Company to provide solutions for customers, often before a challenge is ever realized. Flextronics is unique in the depth, breadth and scope of the Company. With an unmatched global presence, customers are supported with unprecedented speed in product ramp-up, delivery, and the ability to manage volume regardless of complexity or product mix. Leveraging state-of-the-art LEAN practices, Six Sigma, key investments in infrastructure and FlexQ, a propriety quality program that is beyond leading edge according to customers, Flextronics is the market leader in almost every business in which it operates. Whether high mix/low volume or low mix/high volume, Flextronics can enable any customer's success. At Flextronics, there is no room for “mediocrity.” If anything, the Company exists to continually test the bounds of what can be expected in terms of designs and processes. Optimization is what Flextronics does best. People make the difference. People with passion have an even greater impact. The Flextronics team spans 30 countries and four continents, and is over 200,000 people strong. Each member of the team is dedicated to enabling customer success. That is achieved through intense collaboration, passionate customer focus, thoughtful and disciplined execution, a tenacious commitment to continuous improvement and a relentless drive to win. Culture is the most important sustainable, competitive advantage of any company. The Flextronics culture is built on commitment — to customers, employees, the communities in which it operates and the environment. Flextronics is a global leader in non-profit/for-profit partnership, providing assistance in the places around the world that need it most. The Flextronics Foundation provides assistance in the areas of natural disaster relief, health and wellness initiatives and educational opportunities. Culture drives every aspect of the Company’s success. The culture and business model work hand-in-hand to ensure simplicity, flexibility and above all — sustainability.

Lotte Data Communication Co. is engaged in providing computer systems integration consulting services. It offers business consulting services. The company was founded on November 2, 2017 and is headquartered in Seoul, South Korea.

Key Stats and Financials As of 2018
Market Capitalization
$8.83T
Total Enterprise Value
$10.4T
Earnings Per Share
$46.1K
EBITDA
$2.65T
EBITDAMargin
16.03%
Total Debt
$4.79T
Total Equity
$13.5T
Enterprise Value Sales
0.63x
Enterprise Value EBITDAOperating
3.92x
TEVNet Income
6.58x
Debt TEV
0.46x
Three Year Compounded Annual Growth Rate Of Revenue
12.2%
Five Year Compounded Annual Growth Rate Of Revenue
0.13%
Net Profit
$1.58T
Revenue
$16.5T
Suppliers
Songwon Industrial Co., Ltd. Chemicals | Ulsan, UL

SONGWON INDUSTRIAL Co., Ltd. engages in the manufacture and sale of petrochemical products. Its main products include polymer stabilizers, PVC stabilizers, organo-tin intermediates, plasticizers, polyurethanes, polyester diols, super-absorbent polymers, flocculants, alkyl phenols, and functional monomers. The company was founded on December 15, 1965 and is headquartered in Ulsan, South Korea.

PT Lotte Chemical Titan Tbk Chemicals | Jakarta, JK

PT Lotte Chemical Titan Tbk engages in the manufacture and trading of polyethylene and polypropylene products. It offers products under the following brands: Titanvene, Titanzex, and Titanex. The company was founded on December 9, 1987 and is headquartered in Jakarta, Indonesia.

Exxon Mobil Corporation Power & Utilities | Irving, Texas

Exxon Mobil Corporation is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil Company, and was formed on November 30, 1999 by the merger of Exxon (formerly Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York).

Competitors
Total SA Oil & Gas - Courbevoie, IF

Total SA explores, develops, produces and markets oil and gas. It is also engaged in trading and shipping of crude oil and petroleum products. The company operates through the following business segments: Exploration & Production; Gas, Renewables & Power; Refining & Chemicals and Marketing & Services. The Exploration & Production segment encompasses oil and gas exploration and production activities. The Gas, Renewables & Power segment develops downstream gas and low carbon electricity as well as the energy efficiency businesses. The Refining & Chemicals segment engages in refining, base petrochemicals, polymer derivatives, the transformation of biomass and the transformation of elastomers. This segment also includes the activities of Trading and Shipping. The Marketing & Services segment includes worldwide supply and marketing activities of oil products and services. The company was founded on March 28, 1924 and is headquartered in Courbevoie, France.

LG Chem Ltd. Chemicals - Seoul, SL

LG Chem Ltd. manufactures petrochemicals, IT & electronic materials and energy solution materials. It operates through through the following business segments: Petrochemicals, IT & Electronic Materials, Batteries. The Petrochemical division offers naphtha cracking centers and polyolefins, synthetic rubbers and specialty polymers, polyvinyl chloride, acrylonitrile-butadiene-styrene and engineering plastics, acrylates and plasticizers. The IT & Electronic Material division provides optical and display materials namely polarizers, phosphors, organic light emitting diode, photosensitive materials for liquid crystal display; printed circuit materials such as flexible materials, halogen free materials, integrated circuit packaging materials, epoxy resin system materials, high speed materials and build-up materials; toners such as color toners, black laser printer toners and black copier toners. The Battery division provides lithium-ion cylindrical batteries, lithium-ion polymer batteries, lithium-ion prismatic batteries, medium and large batteries. The company was founded in January 1947 and is headquartered in Seoul, South Korea.

Hanwha Chemical Corp. Plastics & Synthetics - Seoul, SL

Hanwha Chemical Corp. engages in the manufacture of chemical products. It operates through following businesses: Polyethylene, Polyvinyl Chloride, Chlor-Alkali, Solar Enegy, Biopharmaceuticals, Battery Materials and Nanotechnology. The Polyethylene business area provides low density polyethylene, linear low density polyethylene, high density polyethylene, wire and cable. The Polyvinyl Chloride includes straight resin, paste resin, plasticizer, oxo alcohol, phthalic and maleic anhydride. The Chlor Alkali business area has caustic soda, chlorine, ethylene dichloride, vinyl chloride monomer, epichlorohydrin, hydrochloric acid and sodium hydrochlorite. The Solar Energy business produces polysilicon. The Biopharmaceuticals biosimilar generic drug. The Battery Materials business area includes lithium iron phosphate used in lithium ion secondary batteries. The Nanotechnology business area produces carbon nano tube. The company was founded on August 25, 1965 and is headquartered in Seoul, South Korea.

Awards & Honors
2014
Forbes Asia - Asia's Fab 50 List
Sponsored by Forbes Magazine
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