Lotte Chemical Decides on New Facility Investment Worth 250 Billion KRW

[Asia Economy Reporter Lee Seon-ae] Lotte Chemical announced on the 17th that it has decided to invest 250 billion KRW in the EOA and HPEO production facilities at the Daesan plant. This amount corresponds to 1.82% of the company's equity capital, and the investment period is until December 31, 2023. The company stated that the purpose is to expand the EOA business to improve the EO/EG business portfolio.