South Korea's SK Geocentric (SKGC) announced its plan to switch from using naphtha to ethane as a raw material at its naphtha cracking unit (NCC) in Ulsan. This change aims to make the plant more competitive.
SKGC has signed a business agreement with SK Gas to develop the ethane market. https://www.coherentmarketinsights.com/news/south-koreas-skgc-is-changing-feedstock-to-ethane-1923