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LOTTE Fine Chemical

company 1 Deal 1 Partner

LOTTE Fine Chemical is a South Korean chemical company, part of the LOTTE Group, headquartered in Ulsan. It specializes in high-value-added fine chemicals, electronic materials, and general chemicals, with a strategic focus on new growth engines like green hydrogen, ammonia, and battery materials.

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Founded 1964 1,300 employees Parent: LOTTE Group
Chemical CompanyDeveloperInvestorOfftaker

Strategic Overview

  • Focus on high-value-added specialty chemicals and electronic materials.
  • Strategic expansion into new growth engines: green hydrogen, ammonia, and battery materials.
  • Leveraging existing ammonia production and distribution capabilities for the hydrogen economy.
  • Commitment to ESG management and sustainable solutions.

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Deal Activity from Public Sources

LOTTE Chemical and LOTTE Fine Chemical sign MOU with Samsung Engineering and SEDC for Sarawak H2biscus Green Hydrogen/Ammonia Project in Malaysia
Joint Venture Green Hydrogen, Ammonia Malaysia February 2023 with Samsung Engineering
LOTTE Chemical and LOTTE Fine Chemical sign MOU with Air Liquide for clean hydrogen and ammonia value chain
Partnership Green Hydrogen, Ammonia South Korea November 2022 with Air Liquide
LOTTE Fine Chemical invests in Amogy, a US-based ammonia-to-power technology company
Investment Green Hydrogen, Energy Storage USA May 2022 with Amogy
LOTTE Fine Chemical signs MOU with Saudi Aramco for strategic partnership in hydrogen and ammonia
Partnership Green Hydrogen, Ammonia Saudi Arabia March 2022 with Saudi Aramco

Investment Focus

Technologies
Green Ammonia1
Geography
South Korea1

Key People

Kim Yong-seok
CEO

Track Record

60
Years Active

Detailed Analysis

Technologies
ChemicalsElectronic MaterialsGreen Hydrogen (4 deals)Ammonia (4 deals)Battery MaterialsConstruction MaterialsEnergy Transition (4 deals)
Geographies
South Korea (1 deal)Malaysia (1 deal)USA (1 deal)Saudi Arabia (1 deal)ChinaJapanGermanyIndiaTurkeyVietnam
Deal Stage
Greenfield

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