Gov't devises 2.1 tln-won support package for petrochemical restructuring
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Source: South Korea
Published: 2026-02-25 09:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, South Korea, Economy & Finance
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Snippet:
SEOUL, Feb. 25 (Yonhap) -- The government announced Wednesday a 2.1 trillion-won (US$1.45 billion) financial package to support the restructuring project of Lotte Chemical Corp. and HD Hyundai Chemical at the Daesan industrial complex, the first authorized project of a broader self-rescue plan of the ailing petrochemical sector.
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