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Lotte Advanced Materials

Uiwang-si, Gyeonggi-do, South Korea

Ownership: Private
Employees: ~1000
Development stage: Other

Overview

Lotte Advanced Materials, formerly the chemical division of Samsung SDI, was a prominent South Korean manufacturer of high-performance functional materials and engineering plastics. Acquired by Lotte Chemical in 2016 and fully merged into it in 2020, the company specialized in Acrylonitrile Butadiene Styrene (ABS), Polycarbonate (PC), and solid surface materials. Its products served diverse industries including consumer electronics, automotive, and construction. Within the healthcare sector, the company provided specialized medical-grade resins designed for diagnostic devices, surgical instruments, and pharmaceutical packaging. The merger into Lotte Chemical was intended to create synergies across the group's value chain and enhance global competitiveness in the advanced materials market.

Industry: Chemicals & Materials

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