S-OIL to complete Onsan refinery expansion by June 2011
13 Jun '09
3 min read
Once the Onsan refinery expansion project is completed in 2011, S-OIL will be the most influential para-xylene supplier in the Asia Pacific region. The company will also emerge as a petrochemical market leader, by taking advantage of its geographical proximity to the center of global demand growth.
S-OIL has continuously invested in high value-added facilities since the 1990s to establish and maintain a solid global presence in the oil refining and lube oil markets. This Onsan refinery expansion project will enable S-OIL to become the most competitive in the petrochemical market as well, thereby improving the refiner's profitability substantially.
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