This is just another example that a country should not rely on China for key ingredients in their supply chain for critical needs especially something as important as diesel fuel:
South Korea said Sunday it plans to import urea water solution, a key material used in diesel vehicles to reduce emissions, from Australia this week in a bid to ease its supply shortage that has caused soaring prices.
The government has decided to mobilize military aircraft to bring 20,000 liters of urea solution from Australia, the finance ministry said after a meeting on security and the economy.
“The country plans to mobilize all available diplomatic channels to import thousands of tonnes of urea within this year not only from Australia but also from other countries, including Vietnam,” the government said.
South Korea has been grappling with a shortage of urea water solution, known as diesel exhaust fluid, in recent weeks, as China tightened exports of fertilizers and related materials, including urea, in October amid a power crisis caused by a coal supply shortage. Coal is the main feedstock for urea.
South Korea heavily relies on China for its supply of urea water solution, as 97.6 percent of its import came from China in the first nine months of this year. In around 2013, local manufacturers of urea shut down business as they lost price competitiveness over foreign rivals, such as China and Russia.
In Korea, a relatively high portion of diesel cars caused a shortage of urea water solution.
Yonhap
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