Established in 1991, Lotte Chemical Titan Holding Berhad is proudly Malaysia’s first standalone producer of polyolefins and one of the largest polyolefins producers in South East Asia. The Company’s production site in Malaysia consists of twelve plants, two co-generation plants and three tank farms located at two sites in Pasir Gudang and Tanjung Langsat, Johor boasting a total production capacity of more than 3 million tons per annum.
In 2017, Lotte Chemical was listed on the Main Board of Bursa Malaysia Securities Berhad marking the first successful Asian listing for the LOTTE Group and was Malaysia’s largest listing in five years since 2012.
The Company is a leading supplier of polyolefin in Southeast Asia. Polyethylene (“PE”) and Polypropylene (“PP”) which is the most basic building blocks in the plastic fabrication industry are mainly used for the production of an abundance of daily products necessary in everyday modern living. Backed by our Vision; “Lifetime Value Creator”, the Company produces Malaysia’s most comprehensive portfolio of olefins and polyolefins which contribute to the enhancement of everyday life.
The Company draws strength from Lotte Chemical Corporation (“LCC”) as its parent holding company. LCC is a pioneer in the petrochemical industry with a proven track record of excellent technical knowledge and world-class project management skills. LCC was recently ranked as the Global Top 20 th Chemical Company of 2018 by the Chemical & Engineering News, a weekly trade magazine published by the American Chemical Society since 1923. LCC is also the largest ethylene producer in South Korea and the 12th largest worldwide according to the IHS Markit data, a London-based global information provider. With strong parental support, the Company strives to further strengthen its presence as a Southeast Asia hub for petrochemical products.
Since its establishment, Lotte Chemical has made great strides in expanding our capacity across our production facilities and generated tremendous employment opportunities for the people of Malaysia. The company believes that Malaysia is an ideal investment destination because of its promising investment outlook. Located at the heart of Southeast Asia, Malaysia has maintained a strong position due to its trade connectivity, linked to major Asian economies.
Moving forward, the Company is poised to enter a new era of sustainable long-term expansion and growth with a vision to become a Top Tier Petrochemical Company in Southeast Asia by 2024.