[Conference Call] Lotte Chemical: "Indonesia Petrochemical Complex Began Operation in Q4... 500,000-Ton Compound Plant Also Under Construction"
Lotte Chemical stated during its earnings conference call for the fourth quarter of last year, held on February 4, 2026, that "In 2025, amid a challenging business environment, we have been gradually implementing key tasks aimed at transforming our business structure and strengthening competitiveness. We boldly streamlined non-core businesses such as our Pakistan operations and Malaysian rubber business, as well as non-operating assets, thereby securing liquidity, and we have continued efforts to expand future growth platforms to complement the structural limitations of our existing businesses." The company added, "Our petrochemical complex in Indonesia, built to respond to demand growth in the Southeast Asian market, was successfully completed and began operations in the fourth quarter, and we are currently constructing in the Yeosu region a functional compound plant with a capacity of 500,000 tons, which will be the largest in Korea. We are also preparing to respond to the eco-friendly energy business by operating a hydrogen power plant and a hydrogen shipping center that utilize byproduct hydrogen."
Hot Picks Today
About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.