S Korea's Honam merges with KP Chemical, renamed Lotte Chemical

28 December 2012 04:58  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Honam Petrochemical Corp has merged with subsidiary KP Chemical Corp, with the new entity now called Lotte Chemical Corp, Honam said late on Thursday.

The merger was effective as of 27 December this year, the company said in a statement.

Honam Petrochemical Corp was the core company of the Lotte Group’s chemical division.

By: Nurluqman Suratman

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