Honam Fr

Honam Petrochemical Corp.

2010. 4. 1

Shareholders, Affiliates & Locations

Honam Petrochemical Corp. is the core company of the Lotte Group’s Chemical Division. → Lotte has around 57% of Honam’s share

Shareholders & Affiliates Shareholders & Affiliates Locations Locations

52%

Honam

50%

KP Chemical

Listed

Head Office (Seoul)

Daesan MMA

J/V with MRC (50%)

Free Float

42.8%

50%

Seetec Lotte (Japan) Hotel Lotte (Korea) 10.0% 13.6%

31%

J/V with LG Chem (50%)

Daesan Complex • Honam • Daesan MMA R&D Center • Seetec (Daejeon)

Ulsan Complex • KP chemical

Lotte Mulsan (Korea)

33.6%

Lotte E&C

※ Overseas Branch

Beijing, Shanghai Qingdao, Guangzhou Hong Kong, Moscow New York Yeosu Complex • Honam • Daesan MMA

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Products & Capacity (Lotte Chemical Div.)

Honam has 1,750 KTA of Ethylene capacity and various types of downstream products.

Honam KP Chemical

(unit: KTA)

EO HDPE (370) EL (1,750) EVA / LDPE (100) LLDPE (290)

EG (1,040) EOA (80) PC (65)

PET (70)

Daesan MMA

NAPHTHA NAPHTHA

PL (880)

PP (880) BD (150)

POP (40)

Mixed C4 MMA(50) MMA(90) PG BZ(470) BZ(102) TOL (78) XYL (47) O-Xyl (255)

PMMA (40) SM (500)

MX MX

P-Xyl (720) Meta Xyl (160)

PTA (950) PIA (200)

PET (434)

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Sales Breakdown_ year 2009

Around 46% of Honam sales are exported to the overseas market. PE, PP, MEG, and SM account for around 65% of the sales.

Sales by Distribution Channel Sales by Distribution Channel Sales by Product Sales by Product

Others 14%

PE 21%

DOMESTIC DOMESTIC 54% 54%

EXPORT EXPORT 46% 46%

NC/BTX 20% PP 20% SM 10%

EOG 15%

• PE : HDPE, LDPE(EVA), LLDPE • NC/BTX : C2, C3, M-C4, TBA, BTX • Others : BD, PC, EOA, PET, MMA, POP

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Market Situation

Price trends of Feedstock & Products ($/ton) Price trends of Feedstock & Products ($/ton)

2,200 2,200

1,800

Naphtha HDPE PP MEG SM

1,800

1,400

1,400

1,000

1,000

600

600

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