South Korean petrochemical companies LG Chem and Lotte Chemical both suffered losses in 2024, dragged down by oversupply which is set to persist this year, while trade turmoil has dampened the global ...

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Lotte Chemical Corp. on Friday reported its fourth-quarter net loss of 1.12 trillion won (US$774.1 million), remaining in the red compared with a year ago. The company said in a regulatory filing that ...