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18 Aug, Thursday
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Bull Trader USA

Plug Power’s Rally Is Just Beginning

Reuters

S.Korea rations urea supply amid shortage leading drivers to panic buy

The South Korean government started rationing urea, used to cut diesel car and industrial emissions, and banned the resale of the solution amid an acute shortage which is threatening to halt transport and industries. Passenger vehicle drivers will be given a 10-litre limit and commercial vehicle drivers 30 litres, with all resale banned under a set of measures that will be in effect until the end of the year, the trade ministry said on Thursday. Approximately two million diesel vehicles, mostly cargo trucks but also passenger vehicles, are required by government to use the additive, according to industry experts.

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