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Lotte gears up for more M&A deals
- January 23, 2017
- Posted by: ssr
- Category: Chemical
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Lotte gears up for more M&A deals [THE INVESTOR] Lotte Group, South Korea’s fifth-largest conglomerate, is rekindling merger and acquisition activities to get its business back on track after being hit by a slush fund scandal and power struggle involving the chairman last year. In its latest move, Lotte Chemical launched a takeover bid for Singapore petrochemical -
SK global chemical acquires 13% stake in LTC
- December 6, 2016
- Posted by: ssr
- Category: Biotechnology, Chemical, Economics, Finance & accounting
SK global chemical acquires 13% stake in LTC [THE INVESTOR] SK global chemical announced on Dec. 2 that it has acquired 12.98 percent stake in chemical company LTC. LTC has the largest market share in chemical solutions for semiconductor flat panel display worldwide, and in 2015 posted 76.4 billion won (US$65.52 million) revenue with 8 -
SK chief seeks new biz model in Middle East
- November 25, 2016
- Posted by: ssr
- Category: Chemical
SK chief seeks new biz model in Middle East By Lee Hyo-sik SK Group will work closer with its business partners in the Middle East to find new growth models for the post-oil era, Korea's third-largest conglomerate said Thursday. The group plans to share its knowhow and expertise in wireless communications, semiconductor and other industries -
Hyundai Chemical’s mixed-xylene plant starts operations
- November 17, 2016
- Posted by: ssr
- Category: Chemical
Hyundai Chemical's mixed-xylene plant starts operations Hyundai Oilbank said Tuesday that its Hyundai Chemical plant, a newly built joint-venture with Lotte Chemical, has begun to produce mixed-xylene (MX),. MX is a mixture of benzene, toluene and xylene and is used to produce polyester, PET and gasoline additives. The plant in Seosan, South Chungcheong Province, will