Asset Manager

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DL Chemical Co.

DL Chemical Co., the petrochemical arm of South Korea's DL Group, produces polyolefins and specialty chemicals with a growing focus on eco-friendly...

DL Chemical Co.

DL Chemical Co. is a petrochemical manufacturer headquartered in Seoul, South Korea. The company is part of DL Group, formerly known as Daelim Group, a conglomerate founded in 1939 with interests spanning construction, energy, and chemicals. DL Chemical was established around 2019 when DL Group reorganized to focus on chemicals and energy. The company operates production facilities primarily in South Korea, including a major plant in Yeosu. Its product portfolio includes polypropylene, polyethylene, and other petrochemical derivatives. DL Chemical supplies these materials to downstream manufacturers across Asia and other regions. The company also produces synthetic lubricants and specialty chemicals. DL Chemical is active in the energy transition space, developing biodegradable plastics and recycling technologies. In 2023, the firm announced a partnership to build a pyrolysis oil plant for chemical recycling of plastic waste (per Yonhap News, 2023). The company employs around 1,500 people across its operations. A distinct feature of DL Chemical is its integration within a larger conglomerate structure, giving it stable capital backing and access to DL Group's resources in construction and energy. This allows the company to pursue long-term capital-intensive projects in petrochemicals and green chemistry.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

South Korea

City

Seoul

Corporate office

Seoul, South Korea

Sector focus

ChemicalsPetrochemicalsEnergy Transition & Renewables

Frequently asked questions

What is DL Chemical's relationship to DL Group?

DL Chemical Co. is the petrochemical subsidiary of DL Group, a South Korean conglomerate with businesses in construction, energy, and chemicals. DL Group, formerly Daelim Group, reorganized its structure around 2019 to create DL Chemical as a standalone entity focusing on petrochemical manufacturing.

What products does DL Chemical manufacture?

DL Chemical produces polyolefins including polypropylene and polyethylene, as well as synthetic lubricants and specialty chemicals. These products are used in packaging, automotive components, and industrial applications. The company also develops biodegradable plastics and chemical recycling solutions.

Where are DL Chemical's production facilities located?

DL Chemical primarily operates manufacturing facilities in South Korea, with a major production base in Yeosu. The company supplies customers across Asia and other global markets through its petrochemical distribution network.

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