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