[Korea Issues Summary] Petrochemical Restructuring, Classroom Phone Ban, FAST Market Growth, CEO Generational Shift, Direct Flights to Greece (2025.08.28)
1. Petrochemical Restructuring: Planned Reduction of 2.7–3.7 Million Tons of Naphtha CapacityThe Korean government has announced a large-scale restructuring plan to address oversupply and weakening global demand in the petrochemical sector. According to the Ministry of Trade, Industry and Energy, production capacity from naphtha crackers will be cut by 2.7–3.7 million tons annually over the…