Sep 21, 2026 2:41 p.m.

H&L Advanced paralyzes Daesan cracker following emergency shutdown and flaring incident

Asian polyolefin markets face an abrupt supply contraction heading into the fourth quarter after South Korea’s H&L Advanced declared an emergency shutdown (ESD) at its core Daesan Naphtha Cracker Complex (NCC) on 15 September, halting global and regional supply indefinitely.

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