LG Chem halts Yeosu plant amid naphtha supply crisis
after close1 source ↓written by the desknot a recommendation
- annually
- 800,000 tons
LG Chem has shut down its Yeosu NCC No. 2 plant due to a naphtha shortage triggered by ongoing Middle East tensions. The plant, which produces 800,000 tons annually, halted operations on 23 Oct 2023. This disruption raises concerns of wider impacts across the petrochemical sector if the crisis persists.
Not investment advice. For informational purposes only.