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In March 2023, LOTTE ENERGY MATERIALS joined the LOTTE Group as a new member.
Founded in 1987, LEM stands out in the advanced materials industry with its unique
hybrid Elecfoil products, which boast ultra-thin, high-strength, and high-elongation
properties. Our technology has earned recognition for its excellence from leading
global advanced battery manufacturers.
To enhance the future value of LEM and meet the evolving demands of the secondary
battery market, we are not only concentrating on Elecfoil but also intensifying
our R&D efforts to develop cutting edge battery materials, including solid electrolytes,
cathode active materials, and silicon anode active materials.
LEM is experiencing annual growth as the Materials Leading Company,
bolstered by our global presence with facilities in Malaysia, Europe, and North America,
and increasing the share of recycled raw materials.
In response to the escalating environmental standards set by the international community
and the global market, we will evolve into the Green Materials Company, by embracing
eco-friendly management practices and utilizing renewable energy sources.

In March 2023, LOTTE ENERGY MATERIALS joined the LOTTE Group as a new member. Founded in 1987, LEM stands out in the advanced materials industry with its unique hybrid Elecfoil products, which boast ultra-thin, high-strength, and high-elongation properties. Our technology has earned recognition for its excellence from leading global advanced battery manufacturers. To enhance the future value of LEM and meet the evolving demands of the secondary battery market, we are not only concentrating on Elecfoil but also intensifying our R&D efforts to develop cutting edge battery materials, including solid electrolytes, cathode active materials, and silicon anode active materials. LEM is experiencing annual growth as the Materials Leading Company, bolstered by our global presence with facilities in Malaysia, Europe, and North America, and increasing the share of recycled raw materials. In response to the escalating environmental
standards set by the international community and
the global market, we will evolve into the Green Materials Company, by embracing eco-friendly management practices and utilizing renewable
energy sources.

Company Name LOTTE ENERGY MATERIALS Corporation
Date of Establishment August 11, 1987
CEO Kim Yeon-seop
Head Office 63-25, Seokam-ro 3-gil,
Iksan-si, Jeollabuk-do
Number of Employees 564 (as of the end of 2023)
Financial Status (as of the end of 2023 / KRW)
Sales 809 billion
Operating
Profit
11.8 billion
Business Area
Elecfoil - Elecfoil for battery - Elecfoil for PCB

Management Policy

  • Transparent management Transparent and honest management, committed to our duties and responsibilities to the society Transparent and honest
    management, faithful performance of
    duties and responsibilities to society
  • Strengthening core
    competencies
    Securing the highest level of competitiveness in key business areas and expanding our businesses into related business areas Securing the highest level of competitiveness in key business areas and expanding our businesses into related business areas
  • Value management Enhancing customer value and
    creating sustainable corporate
    profitability and value
    Enhancing customer value and
    creating sustainable corporate
    profitability and value
  • Field management Swift and informed decision-making through precise on-the-ground assessments Swift and informed decision-making through precise on-the-ground assessments

Core Values

Core Values are the standards that all LOTTE staff should aspire toward so that LOTTE can fulfill its mission and vision.

Core Values are the standards that all LOTTE staff should aspire toward so that LOTTE can fulfill its mission and vision.

We focus on the nature of our task
and continuex to challenge
ourselves to accomplish higher goals.

We respect different opinions,
communicate with others and observe
general rules to build a bond
of trust with our community.

We quickly respond to changes, cooperate with other fields
without boundaries, and implement innovations
to develop originality inimitable by anyone.

CHALLENGE We focus on the nature of our task and continue to challenge ourselves to accomplish higher goals.

ORIGINALITY We quickly respond to changes, cooperate with other fields without boundaries, and implement innovations to develop originality inimitable by anyone.

RESPECT We respect different opinions, communicate with others and observe general rules to build a bond of trust with our community.

Growth Strategy

High-End super gap technology Offer hybrid products that uniquely combine ultra-thin Elecfoil / high-strength / high-elongation characteristics Offer hybrid products that uniquely combine ultra-thin Elecfoil /
high-strength / high-elongation characteristics
Global base expansion strategy Expand production CAPA and practice eco-friendly management
by expanding bases in Malaysia, Europe, and North America
Expand production CAPA and practice
eco-friendly management by
expanding bases in Malaysia, Europe,
and North America
LOTTE Chemical Group Synergy Total solution provider, leveraging synergistic collaboration between our Chemical Division's R&D and marketing Total solution provider, leveraging synergistic collaboration between our Chemical Division's R&D and marketing
Development of next-
generation battery materials
Sulfide-based solid electrolyte, highly scalable LFP cathode active material, and 3rd generation silicon composite anode active material Sulfide-based solid electrolyte, highly scalable LFP cathode active material, and 3rd generation silicon composite anode active material