OCI rebounds on carbon chemicals, eyes chip recovery

OCI said Wednesday it posted consolidated revenue of 506.6 billion won ($343 million) and operating profit of 27.8 billion won for the first quarter, marking an improvement from the previous quarter. The company attributed the gains to higher prices of key carbon chemical products and restructuring effects, including its merger with P&O Chemical and the liquidation of its Chinese carbon black unit. By segment, the basic chemicals division — which includes semiconductor materials — recorded reven

By The Korea Herald