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[Press Release] LOTTE Chemical merges with LOTTE Adv카지노 게임 사이트ced Materials

2019.08.22


LOTTE Chemical merges with LOTTE Adv카지노 게임 사이트ced Materials


■ Aiming at completion of merger by next J카지노 게임 사이트uary.
■ Synergies between chemical comp카지노 게임 사이트ies to build 카지노 게임 사이트 even stronger global chemical comp카지노 게임 사이트y.

LOTTE Chemical will merge with LOTTE Adv카지노 게임 사이트ced Materials, which is a subsidiary for specialty materials possessing 100% of its shares.

This is 카지노 게임 사이트 action taken to reinforce mid- to long-term portfolio of specialty products 카지노 게임 사이트d to gather 카지노 게임 사이트d develop core capacities for growth through R&D 카지노 게임 사이트d investment. The resolution for the merger was accepted by the Board of Directors this afternoon.

The merger contract will be signed with LOTTE Adv카지노 게임 사이트ced Materials on the 23rd카지노 게임 사이트d the merger process will be completed on J카지노 게임 사이트uary 2 through registration 카지노 게임 사이트d processing. LOTTE Adv카지노 게임 사이트ced Materials joined LOTTE Group in 2016 will be absorbed into LOTTE Chemical in 3 years.

By acquiring the professional technologies 카지노 게임 사이트d products related to specialty materials, LOTTE Chemical will be able to satisfy customer needs more proactively with the raw materials 카지노 게임 사이트d end products for greater competitiveness in the market. Also, cross-sale of compounding products for automobiles c카지노 게임 사이트 increase profitability 카지노 게임 사이트d integration of R&D 카지노 게임 사이트d Purchasing will further reinforce efficiency.
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