3 articles
Lotte Chemical will permanently shut its Daesan naphtha cracker and butadiene unit in early September as part of restructuring tied to an HD Hyundai Chemical merger. The facility produces 1.1 million
South Korea's FTC conditionally approved Lotte Chemical and HD Hyundai Chemical's Daesan asset merger, imposing price and supply restrictions to address competition concerns in LDPE and EVA markets.
South Korea's government announced 2.1 trillion won support for Lotte Chemical and HD Hyundai Chemical restructuring to tackle industry oversupply. Measures include shutting down redundant naphtha cra
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