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Business·avant-hierRésumé IA
South Korea Approves Petrochemical Restructuring Plan for Yeosu Complex
South Korea's industry ministry approved a restructuring plan for petrochemical companies at the Yeosu industrial complex, including Lotte Chemical, DL Chemical, and Hanwha Solutions. This initiative, part of government efforts to address industry oversupply, involves spinning off and merging operations, shifting to higher-value products, and includes 800 billion won in company investment and over 700 billion won in government support.
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Yonhap News1 min de lecture