Tag: petrochemical oversupply

Inventory write-downs widen losses despite stronger margins FY2026 utilisation guidance stands at 60-65% Lotte Chemical Titan’s (LCT) financial performance remained under pressure in Q2 2026 despite a sharp increase in revenue, as the ramp-up of its Indonesia New Ethylene (LINE) project was offset by inventory write-downs and higher project-related costs. The chemical manufacturing company reported…