LCT braces for challenging outlook

KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) expects its outlook to remain challenging in the near future in view of the volatile external environment.

President and CEO Park Hyun Chul said: “2022 was a year of unprecedented challenges with the world facing major global events such as war, inflation, and recession fears. These external factors have weakened global economic activities and negatively affected the demand for petrochemical products in the region.”