Elizabethtown, Kentucky — According to state and local economic development sources Lotte Chemical USA plans to invest $238,700,000.00 to build out new space in Elizabethtown. The company plans to occupy the new space in Elizabethtown, on or about February 1, 2025. According to the company website LOTTE Chemical, which was founded in 1976 and developed into a global general chemical company through international scales and stable profit structures, is Koreas representative chemical company and has been growing into a global top 7 chemical company by procuring product competitiveness based on its superior R&D capacities and expertise. LOTTE Chemical is poised to take another leap to protect nature and make human life more abundant through the continuous development of products using eco-friendly technologies. Based on ESG management, we will create a more convenient lifestyle for people and a better environment for nature, as we build a tomorrow that is more beneficial to both people and nature. Lotte Chemical USA Corporation, through its subsidiaries LACC and LCLA, is a producer and distributor of petrochemicals. Currently the Company distributes ethylene, ethylene glycol and other chemicals. Lotte Chemical USA serves clients worldwide.

To learn more about Lotte Chemical USA, visit http://www.lottechem.com/

Company Contact:
Kim Gyo-Hyun, Chief Executive Officer
713-231-0170

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