South Korea's fourth-largest refiner, Hyundai Oilbank, said Monday it produced 90.76 million barrels, or 333,677 b/d, of refined oil products over the first nine months of this year, down 9.7% from 100.48 million barrels a year earlier. ...
Tags: Oil Products, Mineral
South Korea's HC Petrochem plans to further cut runs at its No 2 aromatics plant at Daesan to 70% from early next week, due to weak production margins for paraxylene, a company official said Thursday. "Operating at 70% capacity is the ...
Tags: Chemicals, HC Petrochem
The spot market for LPG cargoes loading out of the Middle East has softened amid weak demand from Asian buyers, according to market sources. This was reflected in the spot cargo price differentials, with Arcadia heard selling 44,000 mt of ...
Cosmo Oil Co., Ltd. and Hyundai Oilbank have been conducting test operations of the new para-xylene (PX) production plant though the joint venture company, HCP. The company is pleased to announce that production has commenced 5 months in ...
South Korea's oil refiners are likely to face tougher challenges in coming years as President-elect Park Geun-Hye vows consumer-focused policies and tighter business regulations under her economic democratization platform. Park, from ...
Tags: South Korea, oil refiners, economic democratization platform, oil
MNA reported that South Korea's imports of oil from Iran increased 2.9%in November from October,when it resumed shipments from the Persian Gulf nation. According to data posted on the Korea Customs Service's website,purchases last month ...
Tags: MNA, South Korean, oil