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Top News In Iiljin Materials Today - Breaking & Trending Today

Lotte desperate to secure cash to dispel concerns over liquidity crisis

Lotte Group is going all out to raise more money from domestic financial firms, amid the conglomerate s continuous efforts to dispel worries among market insiders over the company s financial soundness, according to industry officials, Sunday. Last Friday, the group signed an agreement with KB Kookmin, Shinhan, Woori and Hana banks to draw a combined 5 trillion won ($3.8 billion) investment from them over the next five years. ....

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Lotte Energy Materials sets sail after Iljin takeover

Lotte Chemical said Tuesday it will operate under the new name Lotte Energy Materials, following the completion of its takeover of a major local copper foil maker as it ramps up the push for secondary battery components manufacturing. ....

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Iljin Materials announces name change to Lotte Energy Materials

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....

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Lotte CEOs meet in person to plan for 2023

Lotte Group Chairman Shin Dong-bin is seeking ways to strengthen corporate competitiveness amid the global economic downturn, according to the company, Thursday. Lotte held the 2023 Lotte Value Creation Meeting (VCM), at Lotte World Tower in Seoul, Thursday, and discussed group management plans and medium- to long-term strategies as global market volatility and uncertainty are on the rise. ....

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Regulator OKs Lotte Chemical's takeover of copper foil producer

Korea s antitrust regulator said Tuesday it has approved Lotte Chemical s merger with a local copper foil producer as the move is not likely to hinder fair competition. ....

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