Lotte Chemical Corp

Common Name
Lotte Chemical
Country
South Korea
Sector
Basic Materials
Industry
Chemicals
Employees
4,566
Ticker
011170
Exchange
KOREA EXCHANGE
Description
Lotte Chemical Corporation is a leading global manufacturer in the chemical industry, renowned for its innovative production of petrochemicals and advanced materials. The company's core focus is on th...

Lotte Chemical Waste Data Preview

In 2023, Lotte Chemical conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Waste Recovered
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Hazardous Waste Generated
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Non-Hazardous Waste Disposed
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Lotte Chemical's Waste Treatment Practices

In 2023, Lotte Chemical generated a total of 105,431 metric tonnes of waste.

Of this amount, 85.95% of Lotte Chemical's total waste generated was recovered through methods such as recycling, reuse, or composting, while 14% was disposed of through landfilling, incineration, or combustion.

Lotte Chemical's Waste Recovery Rate

86%

How much of Lotte Chemical's waste is recycled or recovered?

In 2023, Lotte Chemical reported a total waste generation of 105,431 metric tonnes, of which 85.95% was recovered through recycling, reuse, or composting. This high recovery rate suggests that Lotte Chemical has implemented strong circular economy practices and actively prioritizes sustainable waste management.

Has Lotte Chemical reduced its environmental waste footprint over time?

Since 2021, Lotte Chemical's total waste generation decreased by 9.93%, including a further 5.68% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, Lotte Chemical's waste recovery rate increased by 7.36%, including a 1.84% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.

Overall, Lotte Chemical has made measurable progress in reducing its waste generation while strengthening recovery systems. This dual improvement indicates a mature and proactive approach to environmental performance.

Lotte Chemical’s Waste Recovery vs. Disposal Over Time

202120222023030 k60 k90 k120 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Lotte Chemical’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Lotte Chemical generated a total of 105,431 metric tonnes of waste.

Of this amount, 35.87% of Lotte Chemical's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 64.13% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Lotte Chemical’s Hazardous vs Non-Hazardous Waste Over Time

202120222023030 k60 k90 k120 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Lotte Chemical reduced the environmental impact of its waste?

Since 2021, Lotte Chemical's total waste generation decreased by 9.93%, with an additional 5.68% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.

Over the same period, the share of hazardous waste in Lotte Chemical's total output increased by 11.04%, including a further 2.43% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, Lotte Chemical's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

How does Lotte Chemical treat its hazardous waste?

In 2023, Lotte Chemical reported that 37,820 metric tonnes of its total waste output were classified as hazardous. This represents 35.87% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. A majority (86.62%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Lotte Chemical has established processes to reduce the environmental burden of its most harmful waste streams.

Breakdown of Lotte Chemical's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(4.8%)Hazardous WasteRecovered(31.1%)Non-Hazardous WasteDisposed(9.2%)Non-Hazardous WasteRecovered(54.9%)
Want Full Access to Lotte Chemical's Waste Management Dataset?
Sign Up