Lotte Chemical Titan sells naphtha to related party for RM104 mil to mitigate supply risks amid Middle East tensions


Dateline 2026-04-20, The Edge Malaysia:

KUALA LUMPUR (April 20): Lotte Chemical Titan Holding Bhd (KL:LCTITAN) has entered into a deal to sell naphtha — a key petrochemical feedstock — to a related party to mitigate operational risks and ensure continued feedstock supply following the closure of the Strait of Hormuz amid the Iran war.

…

This entry was posted on Wednesday, April 22nd, 2026 at 9:01 pm and is filed under oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a comment