President and Head of Lotte Chemical BU Huh Soo Young point to the Bursa board at a listing ceremony of the company at Bursa Malaysia on July 11,2017. Looking on are President and CEO of Lotte Chemical Titan Holding Berhad Dr Lee Dong Woo and Chairman Lotte Chemical Titan Holdings Berhad Tan Sri Abdul Rahman Mamat.
PETALING JAYA: JPMorgan Chase & Co and HSBC have initiated coverage on Lotte Chemical Titan Holding Bhd
with “overweight” and “buy” calls, respectively.
JPMorgan analyst Ajay Mirchandani said Lotte Chemical is the fourth-largest producer of polyolefin products in South-East Asia, cornering a 10% share in capacity as of 2016, and with leading market positions in Malaysia and Indonesia.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
