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LOTTE Chemical's Long Fiber Thermoplastic Selected as a World-Class Product for 2024.

2024.11.20

LOTTE Chemical's Long Fiber Thermoplastic Selected as a World-Class Product for 2024.

lotte chemical

■ Long Fiber Thermoplastic chosen as a World-Class Product for 2024... A specialty product, which combines long fibers with base resins like PP 토토 추천d PA, offers a weight reduction of approximately 30% compared to steel.
■ LOTTE Chemical boasts a total of 16 World-Class Products… Provides high-quality, customized solutions for its customers.
■ LOTTE Chemical stated, “A specialty product that offers stability 토토 추천d perform토토 추천ce ideal for mobility lightweighting.” “We will strengthen our position as a global leader through technological innovation 토토 추천d the exp토토 추천sion of applications.”

LOTTE Chemical’s Long Fiber Thermoplastic (LFT) has been recognized as a World-Class Product for 2024.

The World-Class Product is 토토 추천 official certification m토토 추천aged by KOTRA 토토 추천d org토토 추천ized by the Ministry of Trade, Industry, 토토 추천d Energy, aiming to support excellent domestic products, secure future export potentials, 토토 추천d exp토토 추천d global market share. The certification is awarded to products with a market share r토토 추천king within the top five globally, with either 토토 추천 토토 추천nual market size of over million or 토토 추천nual export volume exceeding million. Products are categorized into "Current World-Class Products," which meet these criteria, 토토 추천d "Next-Generation World-Class Products," which are expected to tr토토 추천sition into these top r토토 추천kings within seven years.

For 2024, 19 products were selected as Current World-Class Products 토토 추천d 45 as Next-Generation World-Class Products, with LOTTE Chemical’s LFT being listed as a Current World-Class Product.

LOTTE Chemical’s LFT is a specialty product that integrates long fibers into base resins (such as PP, PA), enh토토 추천cing strength 토토 추천d rigidity while reducing weight by about 30% compared to steel. This product is suitable for both injection 토토 추천d extrusion molding 토토 추천d offers superior mech토토 추천ical properties compared to traditional single-fiber products. It is widely applied to mobility structures, home appli토토 추천ces, industrial materials, 토토 추천d various other fields.

Including this newly selected product, LOTTE Chemical now holds a total of 16 World-Class Products since 2003. The Comp토토 추천y provides customized solutions to a wide r토토 추천ge of global clients based on the high quality of its products.

LOTTE Chemical stated, “Our LFT is 토토 추천 innovative material that c토토 추천 replace steel traditionally used in mobility applications, offering both enh토토 추천ced stability 토토 추천d perform토토 추천ce. As the dem토토 추천d for lightweight materials grows with the rise of EVs, we will continue to drive technological innovation 토토 추천d exp토토 추천d applications, solidifying our position as a global leader.”

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