Lotte Chemical Q1 Report 2024

Business results

  • Basic Chemical : LOTTE Chemical Basic Materials, LC Titan, LC USA, LOTTE GS Chemical
  • Operating income loss reduced QoQ due to monomer product spread improvement, ethane price stabilization, and decreased inventory valuation loss 
  • Advanced Materials
  • Profitability improved due to increased sales volume followed by launch of new models from customers 
  • LOTTE Fine Chemical 
  • Overall sales decreased despite more sales of green material industrial products from increased capacity, due to the weak international price of chlorine-based products 

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