Seven petrochemical companies in South Korea raided over alleged cartel
By Jenny Lee ( August 5, 2026, 09:19 GMT | Insight) -- Hanwha Solutions, LG Chem and five other petrochemical producers were raided by South Korean prosecutors on Wednesday over suspected price-fixing across a range of products. The Seoul Central District Prosecutors’ Office searched the offices of the seven companies and carried out compulsory measures involving dozens of employees and other related individuals.Hanwha Solutions, LG Chem and five other petrochemical producers were raided by South Korean prosecutors on Wednesday over suspected price-fixing across a range of products....
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