# Lotte Chemical breaks ground on water treatment membrane plant in Daegu

Lotte Chemical held a groundbreaking ceremony for a water treatment membrane production plant in Daegu National Industrial Complex. The company is investing 50 billion KRW to build a facility with a production capacity of 550,000 square meters, scheduled for completion in May 2018.

- Type: New facility
- Announced: 2017-09-12
- Where: Daegu National Industrial Complex, South Korea
- Value: $44.0M (50.0B KRW)
- Starts operating: May 2018
- Status: under construction
- Capacity: 550,000 square meters
- Products: water treatment membranes
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Lotte Chemical](https://endata.com/companies/2025.md)

## Sources

- [etnews.com](https://www.etnews.com/20170912000241), 2017-09-12: "롯데케미칼은 대구국가산단 물산업클러스터에 500억원을 투자, 생산 능력 55만㎡ 규모의 공장을 신축한다고 12일 밝혔다."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.