OCI halts TDI manufacturing and sales business, representing 5.87% of revenue
Bitget2026/09/29 02:06- OCI will halt its TDI manufacturing and sales business as part of a restructuring to exit a loss-making operation.
- Suspended operations represented KRW 117.95 billion in sales, or 5.87% of 2025 consolidated revenue of KRW 2.01 trillion.
- Shutdown is scheduled for Dec. 18, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Besent “Extinguishes Fire”: Rising US Treasury yields are a global phenomenon, dismisses concerns over AI bubble
U.S. Treasury Secretary Janet Yellen defended the rise in U.S. Treasury yields, stating that this increase is a global phenomenon rather than unique to the United States, and does not warrant excessive concern. She partially attributed inflationary pressures to higher oil prices caused by the Iran conflict, and expects the energy shock to subside as hostilities ease. Yellen refuted the notion of an AI bubble, arguing that investments by major tech companies are grounded in solid business logic.