Chemical Industry Association Fails to Elect New Chairman—Interim Leadership Continues
South Korea’s chemical industry association failed to elect a new chairman as CEOs declined the role amid sector headwinds, extending interim leadership.
Petrochemical 'Big 4' Performance - Better Than Last Year, But Debt Still Growing Amid Recession
South Korea's top petrochemical firms face rising debt despite improved performance, prompting investment cuts and restructuring amid ongoing industry challenges
S&P - No Significant Recovery Signs for South Korean Petrochemical Industry
S&P forecasts continued challenges for South Korean petrochemical industry, citing oversupply, weak demand, and insufficient government support amid structural recession.
Shilla Duty Free Implements 'Confidential Voluntary Retirement' Amid Industry Downturn
Shilla Duty Free initiates confidential voluntary retirement program for employees aged 40+ or with 5+ years of service, offering severance packages amid industry challenges
Bank of Korea - 'Q1 Export Slump Due More to Related Industry Downturn Than Tariffs'
Bank of Korea attributes Q1 export weakness to industry-specific downturns rather than tariff impacts, signaling complex economic challenges beyond trade barriers
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