Lotte, Hyundai to Merge Some Petrochem Units to Fight Oversupply

Lotte, Hyundai to Merge Some Petrochem Units to Fight Oversupply



Lotte, Hyundai to Merge Some Petrochem Units to Fight Oversupply
Lotte Chemical and HD Hyundai Chemical agreed to combine part of their naphtha-cracking facilities as South Korea’s top petrochemicals producers respond to a prolonged oversupply and weakening margins.


www.bloomberg.com
#Lotte #Hyundai #Merge #Petrochem #Units #Fight #Oversupply

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