韩国石化企业主动削减裂解产能

Core Viewpoint - South Korean petrochemical companies have submitted restructuring plans to the government, proposing to reduce cracker capacity due to oversupply and declining profits, with a target capacity reduction of 2.7 to 3.7 million tons [1] Group 1: Restructuring Plans - As of December 19, petrochemical companies in Ulsan, Yeosu, and Daesan have submitted business restructuring proposals to the government [1] - The Ministry of Trade, Industry and Energy will review these plans and provide support policies covering finance, taxation, research and development, and regulatory exemptions [1] - The specific details of the restructuring plans have not been disclosed, but the integration of assets between HD Hyundai and LG Chem in the Daesan petrochemical complex has been confirmed [1] Group 2: Capacity Reduction - The restructuring aims to achieve a maximum reduction of 25% in naphtha cracker capacity, translating to an annual capacity reduction of 2.7 to 3.7 million tons [1] - The Minister of Trade, Industry and Energy, Kim Jong-kwan, stated that if these plans are effectively executed, the industry could achieve its capacity reduction goals [1] - The year 2023 is seen as a preparatory year for strategic planning, while 2024 will be critical for the execution of these plans [1]