# Lotte Fine Chemical to invest 79 billion KRW to expand food and pharmaceutical production line

Lotte Fine Chemical plans to invest 79 billion KRW in the second half of next year to expand its food and pharmaceutical production line by 6,000 tons.

- Type: Expansion
- Announced: 2024-10-08
- Where: South Korea
- Value: $58.5M (79.0B KRW)
- Starts operating: Q3 2025
- Status: announced
- Capacity: 6,000 tons
- Products: food and pharmaceutical products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LOTTE Fine Chemical](https://endata.com/companies/8859.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2024100809010819362), 2024-10-08: "In the second half of next year, an investment of 79 billion KRW will be made to expand the food and pharmaceutical production line by 6,000 tons, which will increase sales volume."

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