South Korea's petrochemical shipments plunge 90% as trucker strike enters 7th day

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SEOUL: South Korea\u0027s average daily shipments of petrochemical products have plunged by 90 per cent since a strike by truckers in the country, the Korea Petrochemical Industry Association said on Monday (Jun 13). Volumes have been slashed to 10 per cent of the usual 74,000 metric tonnes since

SEOUL: South Korea's average daily shipments of petrochemical products have plunged by 90 per cent since a strike by truckers in the country, the Korea Petrochemical Industry Association said on Monday .

The strike by unionised truckers seeking higher pay has crippled ports like Busan in the export-dynamo economy, snarling the shipment of components and finished products for the automobile, steel, cement and liquor industries. Hundreds of strikers were expected on Monday to join the 100 or so who had gathered on Sunday at the main gate of an enormous Hyundai Motor factory complex in the southern city of Ulsan near Busan, a union official said.

The ministry has urged the truckers to return to work but said it would seek to reflect their demands in the legislative process and keep trying to end the strife through dialogue with the union.

 

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Petrochemical = Plastic Surgery

Many problems ....

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