Global Petrochemical Overhauls

Global Petrochemical Horizontal - The Chemical Company

Markets across the globe are taking a serious look at production and capacities, and recently have seen a wave of consolidation in the face of trade issues and tariffs. Most recently, South Korea announced a reduction of Naptha cracking capacity of nearly 25%. Many other markets are taking a close look at both supply and demand, with further consolidation and restructuring likely in the face of global overcapacities.

https://www.reuters.com/business/energy/south-korea-petrochemical-overhaul-likely-shut-small-stand-alone-naphtha-2025-08-27

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