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S-Oil Launches US$7 bln Petrochemical Project in S. Korea in Downstream Expansion

S-Oil Launches US$7 bln Petrochemical Project in S. Korea in Downstream Expansion

SEOUL, Nov. 17 (Korea Bizwire) — S-Oil Corp., a major South Korea-based refiner, unveiled Thursday a US$7 billion project to build a large-scale petrochemical plant in the country’s southeast, in what will be a milestone in its downstream expansion from oil refining-oriented to petrochemicals. The Shaheen Project aims to build a steam cracking facility to [...]