A legacy of the former ICI site at Wilton on Teesside which has since undergone a number of changes in ownership, Lotte Chemical UK is a subsidiary of KP Chemical Corporation – part of the Lotte Group, one of Korea’s largest corporations with annual sales in excess of $45 billion.
The result is a truly international company with its roots in the very first commercial polyester products and its focus fixed firmly on the future of PET and PTA. A company that understands the challenges you face and has a proven track record of working collaboratively to overcome those challenges and maximise opportunities as they arise.
At a glance
2010 – present day
KP Chemical Corporation acquires the assets of Artenius UK Ltd. and establishes subsidiary Lotte Chemical UK.
2006 – 2010
La Seda de Barcelona group acquires the business from Advansa in October 2006 to form part of its Artenius Group of PET companies, renaming the company as Artenius UK Limited.
1998 – 2006
Following a split from ICI in 1998, the business operates under the ownership of DuPont until 2000, then joint ownership of DuPont and Sabanci till 2004 and finally wholly owned by Sabanci operating as AdvanSA from late 2004.
1980 – 1998
The business begins life as part of the ICI Wilton site on Teesside.