South Korean chemical companies’ profits weighed down by costs
Latest News: Recently, major Korean chemical companies announced second-quarter earnings reports, which were generally mixed. LG Chem and Lotte Chemical, the two largest chemical companies in South Korea, were dragged down by rising raw material costs and falling demand; Kumho Petrochemical, Hanwha Solutions, S-Oil and other companies with large petrochemical businesses saw earnings decline. However,…
