By Ying Xian Wong Lotte Chemical Titan Holding shares fell Tuesday morning after the company reported another quarterly loss. Shares in the Malaysia-listed.
By Ying Xian Wong Lotte Chemical Titan Holding shares fell Friday morning after the company's losses widened in the second quarter due to weaker demand..
Profit margins from products including ethylene and propylene - which are used to make plastics - were already weak and have shrunk further since Russia's invasion of Ukraine.
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(Bloomberg) Stratospheric oil prices are flowing through into the plastics industry with producers reducing activity as profit margins collapse, a first sign of the demand destruction that may spread to other sectors.
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