[Concall] Lotte Chemical "Supply to exceed demand for a while... Operating rate expected to remain at 80%"
On the 7th, Lotte Chemical stated during the Q3 earnings conference call, "From next year until 2028, global ethylene production capacity will increase by 33 million tons, while global ethylene demand is expected to rise by a total of 26 million tons during this period." They added, "Since the supply increase exceeds demand, the operating rate is expected to be maintained at 80-85% for the time being."
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