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Petroleum Refining

South Korea's Incheon Petrochem Bolsters Refining Investments

SK Incheon Petrochem Company Limited plans to spend more than US$459 million on 22 projects at its plants

Released Friday, July 08, 2022

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Researched by Industrial Info Resources (Sugar Land, Texas)--SK Incheon Petrochem Company Limited (Incheon, South Korea), one of the largest refining companies in South Korea, plans to spend more than US$459 million on 22 projects at its plants. These include unit additions, maintenance, upgrades and equipment replacements.

SK Incheon Petrochem has two crude distillation units (CDU) and one condensate splitter unit at its complex in Incheon. The 75,000-barrel-per-day (BBL/d) CDU 1 has been mothballed for years, but the 200,000-BBL/d CDU 2 and 100,000-BBL/d condensate splitter unit are expected to undergo maintenance this September.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Petroleum Refining Project Database can read detailed reports on the CDU 2 and condensate splitter maintenance projects, and click here for a full list of projects at the Incheon plant.

Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.

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