■ Dissolves LUSR, the synthetic rubber production company in Malaysia… Strategically withdraws a non-core, low-profit 우리카지노 바카라사이트 to enhance efficiency of operation and financial soundness.
■ Planning to continue rationalization of 우리카지노 바카라사이트es that do not fit the strategies of 우리카지노 바카라사이트 portfolio.
■ President & CEO Lee Hun Ki stated, “The dissolution of LUSR is a part of restoration of financial soundness and change of 우리카지노 바카라사이트 portfolio…” “…Will continue to proactively respond to the ever-changing market according to the directions of management strategies.”

우리카지노 바카라사이트 Chemical is set to dissolve LUSR (우리카지노 바카라사이트 UBE Synthetic Rubber Sdn. Bhd.), a synthetic rubber production company in Malaysia.

As a part of its ongoing efforts to enhance its portfolio, 우리카지노 바카라사이트 Chemical is shifting resources away from general-purpose petrochemicals to foster and strengthen new growth industries.This strategic shift includes withdrawal from non-core 우리카지노 바카라사이트es, selling non-efficient assets, and inducing investments to mitigate 우리카지노 바카라사이트 risks and improve financial stability.

LUSR, a joint venture established in 2012 with a 50:50 equity share between 우리카지노 바카라사이트 Chemical and UBE Elastomer Co. Ltd., produces a synthetic rubber in Malaysia. The decision to dissolve LUSR reflects 우리카지노 바카라사이트 Chemical’s strategic focus on core business areas, leading to a decisive reallocation of resources.

“The dissolution of LUSR is a part of restoration of financial soundness and change of business portfolio,” commented 우리카지노 바카라사이트 Chemical’s President & CEO Lee Hun Ki. “We will continue to proactively respond to the ever-changing market according to the directions of management strategies.”

LOTTE Chemical’s Basic 우리카지노 바카라사이트s Division aims to reinforce its role as a cash cow through Asset Light and maximization of operation efficiencies, targeting to reduce its share in the portfolio to below 30% by 2030.