[Photo]: On the 9th, LOTTE Chemical Polymer Division Head Yoon Seung Ho (right) is receiving the 2023 World Class Product Certificate.

■ Lamination Polypropylene (LAMI PP) selected as 2023 world-class product… Possible to manufacture end-product with improved stability and properties according to objective such as protection, adhesion, etc. by coating with this product
■ Currently possesses 15 world-class products.... Supplying excellent products to customers around the world
■ LOTTE Chemical, “Based on outstanding technologies and market understanding, we will actively pioneer the global high-value specialty product market through ongoing R&D and expanding products tailored to customers”

LOTTE Chemical’s ‘LAMI PP’ was selected as a '2023 World Class Product.’

World-class product is an official certification program supervised by the Ministry of Trade, Industry and Energy and operated by KOTRA (Korea Trade-Investment Promotion Agency) with the goal of diversifying export products and expanding future export power. The products are divided into ‘current world-class products’ that are ranked in the top 5 for global market share, while also having global market scale of over 50 million USD annually or exports exceed 5 million USD annually, and ‘next-generation world-class products’ that have high potential of being ranked in the top 5 within the next 5 years.

With this new selection, LOTTE Chemical now has a total of 15 World Class Products, and it is supplying products to customers around the world based on the superiority of each product.

LOTTE Chemical’s LAMI PP that was selected as world-class product this year is a ‘current world-class product.’

LAMI PP coating applies the method of covering materials such as paper, sheets, and films with PP coating. It is possible to manufacture end products with improved stability and properties according to the purpose such as protection and adhesion using LAMI PP coating.

LOTTE Chemical’s LAMI PP product that was newly selected as a world-class product is a high-value, high-function PP product that makes simple coating process possible according to the use without having to separately implement additives such as adhesives and modifying agents.
Especially among LOTTE Chemical’s LAMI products, the Homo PP LAMI product line that is specialized in paper coating, etc., has the highest market share in Korea and possesses stable coating balance, and the M9600 product has the highest market share in Vietnam, and it is being applied in molding devices of various conditions.

LOTTE Chemical stated, "LAMI PP has the highest production volume in Korea and it is being exported to various countries such as Vietnam, Indonesia and Turkey," while adding, "Based on outstanding technologies and market understanding, we will actively pioneer the global high-value specialty product market through ongoing R&D and expanding products tailored to customers.”