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NCC Negative Margins Accelerated As Ethylene Spread Collapses
Summary by businesskorea.co.kr
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NCC Negative Margins Accelerated As Ethylene Spread Collapses
The nation’s largest ethylene production facility Yeochun NCC. (Photo courtesy of Chungcheong Seosan City Government) Domestic NCC (Naphtha Cracking Center) operators have been pushed to the brink of crisis as the petrochemical industry’s supply chain has been shaken by the fallout from the Middle East war. With profitability already deteriorated to its worst levels due to the onslaught of low-priced goods from China and sluggish product demand,…
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