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Lotte Chemical

Lotte Chemical sells 75% stake in Pakistani subsidiary for $69 million

Lotte Chemical sells 75% stake in Pakistani subsidiary for $69 million

  • Company is restructuring portfolio as South Korea seeks to support loss-making petrochemical firms
  • Lotte Chemical’s Karachi plant produces 500,000 tons of high-purity terephthalic acid annually
By Reuters ·

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