Korean Authorities Probe Petchem Producers’ Naphtha Imports
- Several local firms targeted in customs investigations
- Russia supply in focus; direct flows to Korea dipped after war
A naphtha plant in Mailiao, Taiwan.
Photographer: Maurice Tsai/BloombergThis article is for subscribers only.
South Korean customs authorities are investigating the origins of the nation’s imports of naphtha, a plastics-making ingredient, with a focus on Russian supplies.
The probes are examining purchases by several petrochemical makers in the country, people with knowledge of the matter said.