South Korea’s naphtha-fed steam crackers cut runs to 76% on backlog from strike

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South Korea’s naphtha-fed steam crackers reduced run rates to an average of 76% capacity after a week-long nationwide strike by truck drivers choked the outflows of polymers such as polyethylene, polypropylene, PVC and created an inventory backlog. Steam crackers were eyeing a recovery in run rates after the strike ended late June 14, and truck drivers returned to work June…