Lotte Chemical, an ambitious South Korean company, is counting on mergers and acquisitions to help them expand during the coronavirus outbreak.

Lotte Group chairman Shin Dong-bin had been pursuing an ambitious plan to triple the conglomerate's revenue from its chemicals business over a 10-year period, putting it in competition with the likes of Dow and ExxonMobil Chemical, after years of turmoil punctuated by a family feud and a brie...

New software for petrochemical

You could get an executive into the virtual reality headset; they are able to see the complete angle of what is possible.

The startups will permit Exxonmobil to simulate emergency conditions, amongst other scenarios, to position personnel through the muscle memory of tasks inside a plan...