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Honam Petrochemical Corp. (011170)   STOCK
 
Address LOTTE TOWER,395-67, SINDAEBANG 2-DONG, DONGJAK-GU, SEOUL
Home Page www.hpc.co.kr
Established 1976. 3.16 Tel 02-829-4114
Listed 1991. 5.30 IR 02-829-4234
Common shares O/S 31,860,000 President Sin,Dong Bin/Jeong,Beom Sik
Preferred shares O/S No.of Employees 1,554(2009. 9)
Sales increased greatly over the preceding year thanks to merger and strong demand in China while export increased with rising currency value. Profit increased over the preceding year with product margin increased with declining naphtha price while sales and admin expenses were reduced by increased sales. No. 1 domestic market share of HDPE, PP, MEG and other ethylene products is maintained by merging with subsidiary Lotte-Daesan Petrochemical in January 2009.
Active growth will continue with rising synthetic resin price due to economic stimulus package in China and growing export sales with steadily high currency exchange rate. Profitability will degrade due to increase supply by new Middle East and China producers in 3rd quarter but only slightly by securing orders with market competitive advantage. Synergy and economic size operation are expected from merger with Lotte-Daesan Petrochemical.
(date: 2009.06, unit : %)
Name LOTTE MOOLSAN HOTEL LOTTE LOTTE HOLDINGS(Japan)
Portion 33.6 13.6 10.0
(unit : %)
Sales Synthetic Resin 50.5 Cost Raw Materials
Chemical Product 34.5 Labors
Basic Distillate 14.0 Overhead
(Unit : 100Mn.Won,Won)
Year 91. 5 91. 5 92. 4    -    -
Type LI RI RI
Amount 900.00  386.00  307.00