[Concall] Lotte Chemical "Completed Asset-Light Target Business List-Up"

Panorama of Lotte Chemical Ulsan Plant. [Photo by Lotte Chemical]

On the 8th, during the Q2 earnings conference call, Lotte Chemical stated, "Our asset-light strategy simply means that we intend to reduce the proportion of our basic chemical business." They added, "We have completed a preliminary list of priorities and targets for the asset-light initiative." Furthermore, they noted, "We are in contact with various investors, and some projects have made significant progress, but no conclusions have been reached to the extent that we can communicate them to the market yet."