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S. Korea Refiners Diversify Business Portfolios for Growth

S. Korea Refiners Diversify Business Portfolios for Growth

SEOUL, Feb. 12 (Korea Bizwire) – South Korean refiners are betting on non-refining activities to reduce their heavy reliance on their mainstream businesses amid the won’s strength and lower cracking margins, industry sources said Sunday. As the won’s strength against the dollar drives down cracking margins despite signs of recovering oil prices, local refiners have [...]