- Registration date2025-12-23
Minister JK (Jung-Kwan) Kim of the Ministry of Trade, Industry and Resources (MOTIR) chaired the “CEO Meeting on Business Restructuring for the Petrochemical Industry” on Monday, December 22, at the Korea Chamber of Commerce and Industry (KCCI) in Seoul.
The meeting was attended by senior executives from the petrochemical industry, including the CEO of LOTTE Chemical Lee Young-jun; CEO of SK Geocentric Kim Jong-hwa; Vice Chairman of DL Chemical Kim Jong-hyun; CEO of HD Hyundai Chemical Cho Nam-su; Vice President of GS Caltex Heo Sung-woo; President of S-Oil Ryu Yeol; President of LG Chem Kim Dong-chun; CEO of Hyosung Chemical Lee Cheon-seok; CEO of SK Advanced Kim Chul-jin; President of Hanwha Solutions Nam Jung-woon; and Vice President of the Korea Chemical Industry Association, Eom Chan-wang, along with other representatives from the petrochemical sector.
Minister Kim gathered opinions on business restructuring from companies that submitted draft restructuring plans and encouraged their swift implementation. He stated, “While this year focused on laying the strategic groundwork for reform, next year will be decisive in determining its success through execution,” and stressed that “the government and industry will work together as one team toward the successful restructuring of the petrochemical sector.”