Petrochemical Firms Shut Down Plants for Maintenance amid Economic Slump

SEOUL, Oct. 24 (Korea Bizwire) — South Korea’s major petrochemical companies are shutting down their naphtha cracking centers (NCC) for regular maintenance amid a prolonged industrial recession resulting from the global economic slump. LG Chem Ltd. launched regular maintenance of its NCC at Yeosu in South Jeolla Province late last month. In general, regular maintenance [...]