DL Chemical proposes shutting Yeochun NCC's No. 1 plant under restructuring

Hanwha Solutions

15/12/2025 06:19

SEOUL, Dec 15 (Reuters) - South Korean petrochemical company DL chemical said on Monday that Yeochun NCC Co.'s No. 1 plant, which has an annual capacity of 900,000 metric tons, should be shut down under a restructuring plans, according to an emailed statement.

Yeochun NCC Co (YNCC), the country's third-largest ethylene producer, is a joint venture between DL Chemical and Hanwha Solutions 09830.KS.

 (Reporting by Heejin Kim
Editing by Ed Davies)

 ((Heejin.Kim@thomsonreuters.com;))