SEOUL, Dec. 23 (Korea Bizwire) — South Korean refiner Hyundai Oilbank Co. said Thursday it will introduce the nation’s first game-themed gas station. Hyundai Oilbank, gaming giant Nexon Co. and local fashion brand Peaches collaborated on opening a PARTS Oilbank gas station in Hannam-dong, Seoul using the intellectual property from Nexon’s hit online game “KartRider.” [...]
SEOUL, Aug. 1 (Korea Bizwire) – Lotte Confectionary said Monday it has inked a strategic partnership with Hyundai Oilbank, a major South Korean refiner, to make forays into the biodiesel fuel business. Biodiesel is an alternative fuel similar to fossil diesel, the most used type of diesel fuel. The substance can be produced from vegetable [...]
SEOUL, July 13 (Korea Bizwire) — South Korean refiner Hyundai Oilbank Co. is coming up with various ideas to provide new experiences to customers. The company said Tuesday it will set up an LED display on the outer wall of a local gas station in Seoul’s Dongjak District to exhibit digital artwork. For July, some [...]
SEOUL, June 21 (Korea Bizwire) — Hyundai Oilbank Co. will launch a sales brokerage service for micro electric vehicles for the first time among South Korean oil refiners. The company announced on Monday that it formed a partnership with local micro EV manufacturer Cevo Mobility to display and sell the micro EV Cevo C at [...]
SEOUL, May 11 (Korea Bizwire) — South Korean refiner Hyundai Oilbank Co. said Wednesday it will build a 130,000-ton biodiesel plant in the country’s southwest next year as it pushes for white biotechnology business. White biotechnology refers to using non-polluting renewable resources, like plants, molds and bacteria, to produce chemical materials and energy sources. It [...]
SEOUL, April 28 (Korea Bizwire) — South Korean refiner Hyundai Oilbank Co. said Wednesday it had opened a self-service car wash at a company-owned gas station in Seongbuk district in Seoul in collaboration with car wash reservation platform YPER. The new service uses the automatic washer installed at the gas station. It can be used [...]
SEOUL, April 6 (Korea Bizwire) — Hyundai Oilbank Co., a major South Korean refiner, has joined forces with construction company Samsung C&T Corp. to launch a plastic waste recycling business. The two parties announced on Tuesday that they had signed a memorandum of understanding to promote cooperation in the area of the production of eco-friendly chemical [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korean refiner Hyundai Oilbank Co. announced that it will invest a total of 400 billion won (US$337 million) to build an eco-friendly power plant fueled by both liquid natural gas (LNG) and blue hydrogen. Blue hydrogen is produced from natural gas and produces less CO2 The power plant [...]
SEOUL, Dec. 9 (Korea Bizwire) — Hyundai Heavy Industries Group, South Korea’s 15th largest conglomerate by assets, said Thursday that its refining affiliate Hyundai Oilbank Co. plans to file for a preliminary screening within this year to go public with local bourse operator Korea Exchange. Hyundai Oilbank aims to trade its shares on South Korea’s [...]
SEOUL, Nov. 19 (Korea Bizwire) — Hyundai Oilbank Co., a major South Korean oil refiner, said Thursday that it will begin producing eco-friendly naptha from pyrolysis oil made by melting plastic waste. The company plans to conduct an empirical study by injecting 100 tons of pyrolysis oil into the refining process and will gradually expand [...]