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Company

History

2020's

  1. 2021
    • Mar. Changed Company Name to LOTTE INEOS CHEMICAL
    • LOTTE INEOS CHEMICAL logo
    • DEC. 5-years of ACCIDENT-FREE WORKPLACE
    • Received the grand prize in LOTTE sustainability management safety field
  2. Completion Ceremony (Acetic Acid)
    Completion Ceremony (Acetic Acid)
    Completion Ceremony (VAM)
    Completion Ceremony (VAM)
  3. 2020
    • Completion Ceremony (Acetic Acid)
    • Completion Ceremony (VAM)

2010's

  1. 2019
    • 30th ANNIVERSARY
    • Completion Ceremony of NEW ACETIC ACID PLANT
    • Ground Breaking Ceremony of the 2ND VAM PLANT
  2. Participated in the SKY RUN Event photo
    Participated in the SKY RUN Event (2018)
  3. 2018
    • LOTTE FAMILY SKY RUN MARATHON
    • Approval of VAM PLANT EXPANSION PROJECT
    • AA pack sales 500,000 TON
  4. 2017
    • Declaration of CREATIVE LABOR-MANAGEMENT CULTURE
    • Won the ‘Industrial Peace Award’ in the 29th ULSAN INDUSTRIAL CULTURE FESTIVAL
    • Approval of the EXPANSION OF ACETIC ACID PLANT (100,000 TON)
  5. 1st ANNIVERSARY CEREMONY of CREATIVE LABOR-MANAGEMENT photo
    1st ANNIVERSARY CEREMONY of CREATIVE LABOR-MANAGEMENT (May 23th, 2016)
  6. 2016
    • Mar. Changed Company Name to LOTTE BP CHEMICAL
    • LOTTE BP CHEMICAL logo
  7. 2014
    • Nov. Won the ‘BRONZE TOWER ORDER OF INDUSTRIAL MERIT)’ in the 6th Day of Chemical Industry
  8. 2013
    • Dec. Won the EXCELLENT BUSINESS AWARD (ENERGY SAVING)
  9. Completion Ceremony of ACETIC ACID PLANT EXPANSION & ENERGY OPTIMIZATION PROJECT photo
    Nov 9th 2011. Completion Ceremony of ACETIC ACID PLANT EXPANSION & ENERGY OPTIMIZATION PROJECT
  10. 2011
    • Nov. Completion Ceremony of Acetic Acid Expansion & Energy Project
  11. Completion of No.1 CO Revamping Project & Completion Ceremony of NEW POX Plant photo
    Apr 8th, 2010. Completion of No.1 CO Revamping Project & Completion Ceremony of NEW POX Plant
  12. 2010
    • Sep. Operation of the No.1 CO Plant (NEW POX Plant)

2000's

  1. No.1 CO Revamping Project Sygnas Cooler Topping-Off Ceremony photo
    Dec 15th, 2009. No.1 CO Revamping Project Sygnas Cooler Topping-Off Ceremony
  2. 2009
    • Sep. Certified as an EXCELLENT LABOR-MANAGEMENT CULTURE
    • Jul. Moved HQ to Seocho-dong Samsung Electronics Building
    • Apr. Declaration Ceremony of “Another 20 Years, and a CENTURY)
    • Mar. Won the BRONZE TOWER ORDER OF INDUSTRIAL MERIT in the 43rd Taxpayer’s Day
  3. 2008
    • Oct. Increased annual production by replacing AA Reactor
  4. Celebrating the Achievement of 100% Sisterhood Relationship Agreement photo
    Dec 26th, 2007. Celebrating the Achievement of 100% Sisterhood Relationship Agreement (1 Company – 1 School)
  5. 2007
    • Dec. Recertified as an ENVIRONMENTALLY FRIENDLY COMPANY by the Nakdong River Environment Management Agency
    • Dec. Recertified as an ENVIRONMENTALLY FRIENDLY COMPANY
    • Sep. Energy Recovery Project
    • Jan. Recertified as an EXCELLENT BUSINESS in Process Safety Management (P Grade)
  6. 2006
    • Won the 1st PRIZE in the ULSAN SAFETY CULTURE AWARDS
  7. Won an award in the 2005 KOREA PRODUCTIVITY CONFERENCE photo
    Jun 28th, 2005. Won an award in the 2005 KOREA PRODUCTIVITY CONFERENCE
  8. 2005
    • Jun. Won the 1st PRIZE in the KOREA PRODUCTIVITY AWARDS, hosted by the KOREA MANAGEMENT ASSOCIATION
  9. 2004
    • Jan. Certified as an EXCELLENT BUSINESS in Process Safety Management (P Grade)
  10. 2002
    • Dec. Winner of the Grand Prize for ENVIRONMENTAL POLLUTANT MINIMIZATION AWARDS, hosted by the Environment Preservation Association
    • Oct 1st, 1991 – Oct 22nd, 2002. 12-years of ACCIDENT-FREE WORKPLACE
  11. 2001
    • 10-years of ACCIDENT-FREE WORKPLACE
    • Jan. Won the 1st PLACE AWARD in the National TPM (Total Productive Maintenance) Presentation Competition

1990's

  1. 1999
    • Jan. SAMSUNG BP CHEMICAL COMPETENCY-BASED HR MANAGEMENT SYSTEM TRAINING
  2. 1998
    • Won the PRIME MINISTER’S COMMENDATION in the CORPORATE INNOVATION AWARDS (SURVIVAL 21 CAMPAIGN)
    • Jul. Won the PRESIDENT’S AWARD in the INDUSTRIAL ACCIDENT PREVENTION AWARDS (‘GROUP’ category)
    • Apr. Certified as a FIRST-CLASS COMPANY (SAFETY) by the Ministry of Labor
    • Mar. Won the PRIME MINISTER’S AWARD on the 32nd Taxpayer’s Day
  3. Designated as a ENVIRONMENTALLY-FRIENDLY COMPANY photo
    Dec 15th, 1997. Designated as a ENVIRONMENTALLY-FRIENDLY COMPANY
  4. 1997
    • Jul. Successfully established a large-size production system (350,000 tons/year)
    • Jul. Used CLEAN FUEL for our heaters to SOLVE ENVIRONMENTAL PROBLEMS
    • Jul. Operation of an AMS SYSTEM by establishing a REAL-TIME INFORMATION SHARING SYSTEM for production
    • Jun. Received ISO 14001 CERTIFICATION from TUV (Germany)
    • Mar. Changed from GEMIS to MAXIMO system
    • Jan. Selected as a MODEL LABOR-MANAGEMENT RELATIONSHIP COMPANY by the Ministry of Labor
  5. Completion Ceremony of Acetic Acid Vinyl Factory photo
    Oct 11th, 1996. Completion Ceremony of Acetic Acid Vinyl Factory
  6. 1996
    • Oct. Completion Ceremony of KOREA’S FIRST VAM PLANT
    • Aug. Launched the 2nd EXPANSION PROJECT in response to the increasing demand in the Acetic Acid Market
    • Jun. Designated as an ENVIRONMENTALLY FRIENDLY COMPANY by reducing volatile organic chemicals and preventing noise
    • Jan. SISTERHOOD AGREEMENT with HWACHANG VILLAGE (1 COMPANY – 1 VILLAGE CAMPAIGN) Construction of a JOINT RANCH
  7. Signing Ceremony of Asia Acetyls Joint Agreement photo
    Mar 26th, 1995. Signing Ceremony of Asia Acetyls Joint Agreement
  8. 1995
    • Dec. SISTERHOOD AGREEMENT with ROKA 15th Infantry Division 38th Regiment
    • Jul. Groundbreaking Ceremony of a VAM PLANT to make a leap into a GLOBAL COMPREHENSIVE ACETYLS COMPANY
    • Mar. Joint Investment Contract with SAMSUNG, BP, UCC (VAM, annual production of 150,000 tons)
    • Mar. Launching of ONNURI VOLUNTEER GROUP for corporate public service & volunteering projects
    • Feb. Obtained ISO 9002 CERTIFICATON for ACETIC ACID
  9. 1994
    • Jun 1993 – Aug 1994. Established a Production
      Capacity of 200,000 tons/year
      (Construction Complete in 13 months)
  10. 1993
    • Dec. Designated as a MODEL COPMANY FOR ENVIRONMENTAL MANAGEMENT by the Ministry of Environment for the OPTIMAL OPERATION OF WASTEWATER TREATMENT PLANTS
  11. Completion Ceremony of Acetic Acid Plant photo
    Apr 30th, 1992. Completion Ceremony of Acetic Acid Plant
  12. 1992
    • Apr. Completion Ceremony of KOREA’S FIRST ACETIC ACID PLANT
    • Jan. Started a BUSINESS NNOVATION CAMPAIGN for the stable & safe operation of factories
  13. 1991
    • Production of 3 Mil. tons of Acetic Acid
    • Completion of Plant (26 months after the completion of the basic design, 18 months after the construction of the factory began)
    • Sep. START-UP Preparation complete for core processes
  14. Signing Ceremony of Acetic Acid Plant Construction Contract photo
    Jun 20th, 1990. Signing Ceremony of Acetic Acid Plant Construction Contract
  15. 1990
    • Jun. Signed a contract that includes the designing, purchasing, construction, trial run of 150,000 tons of material
      (annual capacity)

1980's

  1. Ceremony to Celebrate the Establishment of a Corporation photo
    Jul 13th, 1989. Ceremony to Celebrate the Establishment of a Corporation
  2. 1989
    • Nov. Introduction of a New Technology for the Construction of a Acetic Acid Plant (150,000 tons)
  3. 1988
    • Dec. Signed a contract to build an ACETIC ACID PRODUCTION PLANT with an annual capacity of 150,000 tons within the ULSAN PETROCHEMICAL COMPLEX

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