# Lotte Chemical invests KRW 25B in Lotte Versalis Elastomers

Lotte Chemical announced it will invest 25 billion won in its affiliate Lotte Versalis Elastomers through a paid-in capital increase to secure operating funds.

- Type: Investment
- Announced: 2019-07-16
- Where: South Korea
- Value: $21.0M (25.0B KRW)
- Status: announced
- Products: SSBR synthetic rubber, EPDM synthetic rubber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Lotte Versalis Elastomers](https://endata.com/companies/40672.md)
- [Lotte Chemical](https://endata.com/companies/2025.md) (investor)

## Sources

- [asiatoday.co.kr](https://www.asiatoday.co.kr/kn/view.php?key=20190716010010210), 2019-07-16: "롯데케미칼이 계열사인 롯데베르살리스 엘라스토머스에 250억원을 출자한다고 16일 공시했다."

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