S-Oil Corporation Inc - Company Profile
Powered by 
All the sales intelligence you need on S-Oil Corporation Inc in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how S-Oil Corporation Inc fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with S-Oil Corporation Inc.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Business Description
S-Oil Corporation Inc (S-Oil), a subsidiary of Aramco Overseas Company BV, is primarily engaged in the manufacturing and selling of petroleum products, gas, lubricating oil, chemical products, and related products, and importing and exporting crude oil and each of the above products.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
R&D Overview
S-Oil undertakes various R&D initiatives to support the operation of the Bunker-C Cracking Center (BCC). The company conducts research on the improvement of production processes to produce high-quality fuel oils and lubricants. It also develops production technologies for the gasoline and diesel hydrodesulfurization unit, the lube base oil unit, and the BTX unit. S-Oil also researches environment-friendly low-polluting clean fuel oil. The company analyzes samples and additives to improve the productivity of its refinery. The R&D units of S-Oil include the S-OIL R&D Center, S-OIL Technical Research Center, and S-OIL TS&D Center. The S-OIL R&D Center carries out diverse activities to support the operation of the BCC and researches the improvement of production processes. The S-OIL Technical Research Center undertakes studies using a Pilot Plant to execute various research by minimizing the actual factory. The S-OIL TS&D Center secures essential technical capabilities and provides technical solutions to customers, develops polymer products, and conducts research on high-value-added product introduction and polymerization optimization. In FY2024, the company spent KRW19,528 million on R&D, which as a percentage of revenue, stood at 0.05% and grew 13.4% YoY.
Business Segments
Overview
Produces and markets lube base oil and lubricants. Products include three lube base oil series, Ultra-S, Premium, and Super sold under Dragon, S-OIL7, and S-OIL7 Eco. Lubricants include automotive engine oil, gear oils, and marine lubricants for a wide range of industrial applications. Storage facilities in the US, Belgium, China and Japan. Exports to over 30 countries across the world.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Downstream assets include oil refineries, light oil desulfurizing, and gasoline manufacturing facilities. Bunker-C Cracking Center (BCC) is a large-scale upgrading facility capable of converting products into light oil and low sulfur products and consists of bunker-C cracking units and desulfurization units. The refinery complex includes a crude distillation unit, bunker-c cracking center, and hydrodesulfurization unit. Major products include gasoline, kerosene, aviation gasoline, premium gasoline, diesel, LPG, fuel oil, asphalt, and base oil. Markets petroleum products in the domestic market through product distribution terminals, and branded retail service stations. Exports refined oil products to Asia, the US, Europe, and Oceania.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Assets include an integrated aromatic-type petrochemicals complex in Ulsan comprising BTX facility, Xylene Center, Residue Fluidized Catalytic Cracker (RFCC) and No.2 Aromatic Complex. BTX produces aromatic petrochemical products such as toluene, benzene, and xylene by adding naphtha. Xylene Center produces para-xylene, which is a base material of compound fiber, by adding C9+ as material and BTX products including xylene and toluene. RFCC produces propylene, a feedstock for poly propylene production, by using bunker-C oil as a raw material. Aromatic Complex produces para-xylene and benzene.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Geographical Segments
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer