South Korea's S-Oil restarts Onsan base oils refinery

15 April 2010 05:07  [Source: ICIS news]

SINGAPORE (ICIS news)--South Korea’s S-Oil is currently in the process of restarting its base oils refinery in Onsan, said a company source on Thursday.

The plant was shut for maintenance and debottlenecking in late February, the source said.

S-Oil had earlier indicated that the total capacity of the refinery would be increased to 25,000 bbl/day from 23,000 bbl/day after debottlenecking. Of the total, nearly 15,000 bbl/day would be for group III base oils and the rest for group II+ base oils.

Majority of group II+ and group III base oils produced by Korean base oils producers like S-Oil and SK Lubricants heads to the US and some volumes are sold in Japan and Korea where demand for these grades is strongest.

S-Oil also operates another 10,000 bbl/day group II base oils refinery at the same location.

To discuss issues facing the chemical industry go to ICIS connect

By: Anu Agarwal
+65 6780 4359

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly