Oil Refining and Petrochemical Companies Expands Naphtha Cracking Centers

South Korean oil refining and petrochemical companies such as Hanwha Total and Yeocheon NCC are expanding their naphtha cracking centers (NCCs) for income source diversification and economies of scale, respectively. Yeocheon NCC recently completed the expansion of its NCC and butadiene production facilities by investing 740 billion won for about two years. The trial operations will end this week and commercial operations will be initiated immediately...
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