S-Oil Corporation Inc - Company Profile
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S-Oil Corporation Inc (S-Oil), a subsidiary of Aramco Overseas Company BV, is a crude oil refining and refined products marketing company. The company’s focused R&D activities, robust production capabilities, and support from the parent group provide a competitive edge over its peers, even as a decline in working capital is a cause for concern. Growth initiatives, growing global demand for oil, and increased demand for propylene could provide growth opportunities for the company. However, the environmental regulations, growing carbon emissions, and tightening regulations, and rising capital costs in the refining sector could affect the operations of the company.
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