Malaysia’s Lotte Chemical Titan shut part of PP and PE plants for unscheduled maintenance

The company has reported losses for 10 consecutive quarters, with a net loss of RM246.42 million recorded in the third quarter ending September 30, 2024 (3QFY2024). In its filing to Bursa Malaysia, the company projected its annual operating rate to stabilize between 55% and 60% for FY2024.