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The South Korean government announced a 2.1 trillion-won ($1.45 billion) financial package to support the restructuring of Lotte Chemical Corp. and HD Hyundai Chemical at the Daesan industrial complex. This is the first authorized project under the petrochemical sector's broader self-rescue plan. The initiative aims to address supply gluts by reducing capacity and shifting toward high-value and eco-friendly products.

8 ديسمبر، 2025 من إعداد الذكاء الاصطناعي

Trade Minister Yeo Han-koo met with major petrochemical companies on Dec. 9 to discuss responses to trade barriers imposed by major economies, such as import regulations and non-tariff measures. The meeting focused on strengthening government-private sector cooperation, identifying and improving non-tariff barriers, and creating new business opportunities through free trade agreements with emerging economies like Bangladesh and Pakistan. Yeo shared outcomes from his recent meeting with the European Commission and pledged government support.