# LOTTE Engineering Plastics to build largest compounding plant in Korea

LOTTE Engineering Plastics (formerly Sambark LFT) plans to invest over 300 billion KRW to construct a compounding plant with annual capacity of 500,000 tons at Yulchon Industrial Complex in Jeollanam-do, South Korea. Operations are expected to begin in the second half of 2025.

- Type: New facility
- Announced: 2024-09-30
- Where: Yulchon Industrial Complex, Jeollanam-do, South Korea
- Value: $225.0M (300.0B KRW)
- Starts operating: Q3 2025
- Status: announced
- Capacity: 500,000 tons per year
- Products: engineering plastics compounds, ABS, PC, LFT, TPO
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [LOTTE Engineering Plastics](https://endata.com/companies/80131.md)
- [Lotte Chemical](https://endata.com/companies/2025.md) (partner)

## Sources

- [lottechem.com](https://www.lottechem.com/en/media/news/979/view.do), 2024-09-30: "LOTTE Engineering Plastics plans to invest over 300 billion KRW by 2026 to construct the Korea’s largest single compounding plant, with an annual production capacity of 500,000 tons."

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