Lotte Chemical to Sell its British Unit to DAK Americas

SEOUL, Oct. 30 (Korea Bizwire) — Lotte Chemical Corp., a major chemical firm in South Korea, said Wednesday it has decided to sell its British PET production unit in a move to restructure its business portfolio. Lotte Chemical UK Ltd. will be sold to DAK Americas LLC, a subsidiary of Mexican chemical giant Alpek S.A.B. [...]