Lotte Chemical Titan signs contract to buy naphtha from Aramco Trading Singapore
23/05/2025 06:17
By Mohi Narayan NEW DELHI, May 23 (Reuters) - Malaysia's Lotte Chemical Titan has signed a three-year contract to buy naphtha from Aramco Trading Singapore starting in July 2025 and running to June 2028, the company said in a statement on Friday. Lotte Chemical's 011170.KS Malaysian affiliate will procure 300,000 to 400,000 metric tons of naphtha per year under the contract at market price, the company said. The trading arm of Saudi Aramco 2223.SE has been a long-term supplier of naphtha to Lotte Chemical Titan. (Reporting by Mohi Narayan; Editing by Tom Hogue) ((Mohi.Narayan@thomsonreuters.com; https://twitter.com/_mohi_;))
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