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South Korea to support struggling petrochemical firms hit by global oversupply with policy measures.
South Korea plans to announce policy measures to help its struggling petrochemical industry, affected by global oversupply.
The government will offer financial, tax, and administrative support to companies restructuring their operations, including mergers, acquisitions, and facility closures.
Major companies like LG Chem and Lotte Chemical are already adapting to the market challenges caused by expansions in China and the Middle East.
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Corea del Sur para apoyar a las empresas petroquímicas en dificultades afectadas por el exceso de oferta global con medidas políticas.