Samwak LFT breaks ground on compounding plant in Yeosu, South Korea

Lotte Chemical's subsidiary Samwak LFT has started construction of a new compounding plant in Yeosu, South Korea, with a planned investment of over 300 billion won by 2026, targeting 500,000 tons/year capacity and operation in H2 2025.

“We will invest over 300 billion won by 2026 to build the largest compounding plant in Korea with an annual capacity of 500,000 tons, leapfrogging to become the world's No. 1 functional advanced materials company.”yna.co.kr

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• yna.co.kr롯데케미칼, 전남 율촌산단에 기능성 첨단소재 신규 공장 짓는다 | 연합뉴스장하나May 1, 2024

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