South Korea petrochemical makers, refiners turn to North African naphtha to replace Russian supplies
South Korean petrochemical makers and refiners plan to regularly import naphtha from North Africa throughout 2023 as Asia’s fourth biggest economy completely shuns purchasing crude and oil products from Russia, though the downstream sector may often rely on LPG as its main feedstock amid volatile ethylene margins, market participants and industry sources said March 14-16. Iran and Russia are among…