S. Korea expected to secure up to 90% of pre-war-level naphtha supply for May: ministry

South Korea is expected to secure up to 90 percent of pre-Iran war naphtha supplies for May, the industry ministry said Tuesday, adding that major petrochemical companies are expanding their plant operations in line with inbound supplies. The plant operation rate of Yeochun NCC, which had declared force majeure for some of its products due to naphtha shortages, has increased to 65 percent as of Friday from 55 percent on April 1, according to the Ministry of Trade, Industry and Resources. The ope

By The Korea Herald