Get the ChemPriceHub app — track prices on the go. Membership syncs across app & web. View plans

We value your privacy
We use cookies and similar technologies to enhance your browsing experience, analyze site traffic, and deliver personalized content. You can choose to accept or reject non-essential cookies. Read our Privacy Notice.

Cookie Preferences

Manage your cookie preferences. Essential cookies are always enabled for the site to function. You can change your choice at any time via the "Cookie Settings" link in the footer. Read our Privacy Notice for full details.

Essential Cookies

Required for basic site functionality, including anti-spam protection and session management. Always active.

Analytics Cookies

Help us understand how visitors interact with the site. We use Google Analytics to improve our service. Disabling this will not affect essential functionality.

Home > News > South Korea plans to reduce ethylene production capacity by 2.7 million to 3.7 m...

ethylene

South Korea plans to reduce ethylene production capacity by 2.7 million to 3.7 million tons.

Published on 2026-03-02

The South Korean government has officially approved the restructuring of the Lotte Chemical and HD Hyundai Chemical Daesan Complex, investing 2.1 trillion won to support industry self-rescue efforts. This includes the shutdown of a million-ton ethylene plant, with plans to reduce national ethylene production capacity by 2.7 to 3.7 million tons. This marks a critical supply-side adjustment in the Northeast Asian cracking market.

Comments

No comments yet.

Cookie Preferences

Essential Cookies

Analytics Cookies

Welcome to ChemPriceHub

South Korea plans to reduce ethylene production capacity by 2.7 million to 3.7 million tons.

Comments

App Download