DL Chemical has called for stronger cost compensation measures and potential output cuts at Yeocheon NCC, including a 900,000-ton plant shutdown, as the company faces a sharp earnings decline amid falling ethylene and propylene prices.
#YonhapInfomax #DLChemical #YeocheonNCC #CostCompensation #EthylenePrice #PlantShutdown #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=95483
DL Chemical Urges Greater Cost Compensation for Yeocheon NCC—Calls for Output Adjustment After 900,000-Ton Shutdown
DL Chemical has called for stronger cost compensation measures and potential output cuts at Yeocheon NCC, including a 900,000-ton plant shutdown, as the company faces a sharp earnings decline amid falling ethylene and propylene prices.
Hyundai WIA Corp. is projected to post a 31.6% drop in Q2 operating profit due to overseas plant shutdowns and one-off costs, prompting brokerages to lower investment ratings despite limited US tariff impact.
#YonhapInfomax #HyundaiWIA #OperatingProfit #Q2Earnings #PlantShutdown #InvestmentRating #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=72457
Hyundai WIA Forecasts 31.6% Drop in Q2 Operating Profit—Brokerages Lower Ratings
Hyundai WIA Corp. is projected to post a 31.6% drop in Q2 operating profit due to overseas plant shutdowns and one-off costs, prompting brokerages to lower investment ratings despite limited US tariff impact.
Severe Demand Slump—Hyundai Steel Shuts Down Pohang No.2 Plant Indefinitely
Hyundai Steel Co. has indefinitely suspended operations at its Pohang No.2 plant from June 7 due to a severe demand slump, reflecting ongoing challenges in South Korea's steel industry.
Yonhap Infomax News