hot selling LG Chemical completes Vietnam DOP plant

  • hot selling LG Chemical completes Vietnam DOP plant
  • hot selling LG Chemical completes Vietnam DOP plant
  • hot selling LG Chemical completes Vietnam DOP plant
  • How will LG reorganize and expand its Vietnam production?
  • Jung said LG will reorganize and expand its Vietnam production by focusing on manufacturing a wider range of products that are currently in high demand around the world, such as home appliances. LG plans to complete the transformation and reallocate all workers within this year.
  • Are Lotte Chemical and LG Chem moving away from petrochemicals?
  • Both companies, Lotte Chemical and LG Chem, however, said that nothing has been confirmed yet, dismissing the speculations at least for the moment. The shift away from basic petrochemicals seems inevitable for the nation's top chemical firms, according to an official from a local petrochemicals firm.
  • Will LG Chem spin off a naphtha cracking plant in Yeosu?
  • To avoid increasing competition in the sector, LG Chem has been also reportedly trying to spin off its second naphtha cracking center plant in Yeosu and sell its stake in the plant. The company hopes to sell a 49 percent stake in the second such plant to the Kuwait energy firm while maintaining the remaining 51 percent stake, local reports said.
  • Who owns vpchem?
  • VPCHEM was established in 1995 as a joint venture between LG Chem, Southern Fertilizer JSC (under Vietnam Chemical Corporation) and Vietnam Petroleum Corporation (under oil and gas group Petrovietnam), according to information filed on the company’s website.
  • Where is LG Chem located?
  • LG Chem is a science company leading the global market. Office Suite 02, Level 12, ILHAM Tower, No.8, Jalan Binjai, 50450 Kuala Lumpur, Malaysia.
  • Will Lotte Chemical sell its Malaysian unit?
  • Lotte Chemical, South Korea’s leading petrochemicals company, has reportedly embarked on the process of selling its Malaysian unit Lotte Chemical Titan Holdings. In addition, its domestic rival LG Chem is said to be in talks with Kuwait Petroleum Corp. to sell a stake in its naphtha cracking center in Yeosu, South Jeolla Province.

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