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31.03.26 - 10:30
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Asia′s chip industry faces naphtha squeeze – and South Korea feels it the most (SCMP)
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South Korea has become a focal point of Asia's petrochemical crisis, a frontline economy suddenly forced to navigate the fallout from the Middle East turmoil while scrambling for alternatives. Its semiconductor and industrial sectors, already heavily dependent on imported naphtha, are now exposed to geopolitical shocks that are rippling across the region.
South Korea relies on imports for about 45 per cent of its naphtha demand. About 77 per cent of those come from the Middle East.
On Monday,......
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