After the facility's completion, Lotte Chemical Corporation officially started production at the Hecellose manufacturing plant in Yeosu. The factory is now expected to produce about 10,000 tons of high-value specialty products for Lotte Fine Chemical, the specialty materials manufacturing arm of the Lotte Group.
Lotte Chemical said on Monday, Feb. 19, that as it completes the construction of its factory in Yeosu, it has started the commercial production of Hydroxy Ethyl Cellulose or Hecellose this month. The plant is located in South Jeolla Province.
Production of Key Material
According to The Korea Economic Daily, Lotte Chemical built the Hecellose production facility in its development site in the said territory. It specializes in manufacturing essential specialty products delivered to Lotte Fine Chemical Co.; in this case, it is the Hecellose.
This type of cellulose material is made from ethylene oxide and pulp. It is an additive in different industries, including water-based paints, cosmetics, household goods, etc. It is used to provide viscosity and moisture retention on the products.
Moreover, as Lotte Chemical's Yeosu Hecellose plant is completed, the company expects the whole process - from sourcing raw materials to production - to be done in one place. This will speed up the process, allowing the company to produce more materials.
Production Consignments
Finally, Korea's Mail Ilbo reported that through the construction of this plant, Lotte Chemical has established a consignment production system to safely supply ethylene oxide (EO), the primary raw material for HEC products, to the new plant through piping rather than existing land transportation.
"We will continue strong growth by creating a high-value-added business based on our specialty material capabilities, which are the basis of various industries, and building solid growth momentum," said Lee Hoon Ki, Lotte Chemical's chief executive officer.
Photo by: Lotte Chemical PR Room


Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions
China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028
Chinese Cars in Europe: Consumer Trust Is Shifting Fast
Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs
SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20
Kia Cuts EV Sales Target for 2030 Amid Slowing Demand and U.S. Policy Shifts
San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit
BHP's Incoming CEO Visits China Amid Pricing Dispute with CMRG
Chalco Stock Surges as Q1 2025 Profit Forecast Jumps Up to 58%
Rio Tinto's California Boron Assets Attract Over a Dozen Bidders, Valued at Up to $2 Billion
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses 



