[Bills in Focus] Promoting refiners' use of feedstock, tackling environmental claims in ads
PoliticsSept 4, 2023
Proposed bill: Partial Amendment to the Petroleum and Alternative Fuel Business Act Proposed by Rep. Lee In-seon (People Power Party) ● Following the introduction of special deregulations that allow petroleum refiners to use pyrolytic oil -- a substance produced by recycling waste plastic or tires -- diluted with crude oil in petrochemical and refinery processes, this amendment establishes legal grounds for petroleum refiners to adopt environment-friendly raw materials as feedstock for refinery