Trading ideas: Lotte Chemical Titan, Seacera, Tasco, DPI

TheStar Mon, May 13, 2019 09:09am - 4 years View Original


KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT), Seacera Group Bhd , Tasco Bhd and DPI Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.


Lotte Chemical Titan (LCT) has expanded its presence in the United States with the debut of a new shale gas project in Louisiana.


The project, by Lotte Chemical USA Corporation, is a 60:40 joint-venture investment project worth US$3.1bil between LCT and Lotte Chemical Corporation South Korea.


LCT said the large-scale petrochemical complex, comprising two manufacturing facilities, is expected to produce one million tonnes of ethylene and 700,000 tonnes of mono ethylene glycol per year.

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