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Petroleum Refining

S-Oil Corporation to Spend $143 Million on South Korea Refining Projects

S-Oil Corporation (Seoul, South Korea) is one of the largest refining companies in South Korea and will spend more than $143 million on 18 refining projects such as plant upgrades, maintenance and revamps.

Released Tuesday, January 30, 2024

S-Oil Corporation to Spend $143 Million on South Korea Refining Projects

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KOFU, JAPAN--January 30, 2024--S-Oil Corporation (Seoul, South Korea) is one of the largest refining companies in South Korea and will spend more than $143 million on 18 refining projects such as plant upgrades, maintenance and revamps. Among the largest of these projects is the revamp of the polypropylene unit at its Ulju, Ulsan, facility, which entails adding a cooler, heat exchangers and extruders to increase capacity. The project is expected to take place in 2026. Subscribers to Industrial Info's Global Market Intelligence (GMI) Refining Project Database can click here for the full report.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).

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