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Tough for LC Corp to find buyer for LC Titan

It is no secret that South Korean chemical company Lotte Chemical Corp (LC Corp) is mulling disposing of its stakes in loss-making Malaysian unit, Lotte Chemical Titan Holding Bhd (LC Titan). ....

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Lotte Chemical swings to Q3 net profit on narrowed losses in basic chemicals division

Lotte Chemical Corp. said Thursday it swung to a net profit in the third quarter from a year earlier due mainly to narrowed losses in the basic chemicals business division. Lotte Chemical shifted to a net profit of 32.77 billion won ($25 million) in the three months ended Sept. 30 from a net loss of 31.07 billion won in the same period last year, the company said in a statement. "On top of reduced losses in the . ....

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