Lotte Chemical: South Korean petrochemical firms' profits fall in 2024 as oversupply persists
South Korean petrochemical companies LG Chem and Lotte Chemical both suffered losses in 2024, dragged down by oversupply which is set to persist this year, while trade turmoil has dampened the global economic outlook
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CEO
Kim Gyo Hyun
Lotte Chemical processes, produces and distributes petrochemical products including polyethylene, polyethylene and resins.
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