Korean Refiner Plans Aromatics Complex

S-Oil Corp. (Seoul) says it will invest about $1.5 billion to build a second aromatics complex at the company’s Onsan, Korea refinery. The complex will produce 900,000 m.t./year of para-xylene and 280,000 m.t./year of benzene. Construction is expected to be completed by June, 2011. The new complex will make S-Oil the largest supplier of p-xylene in Asia/Pacific, the company says. The refinery’s capacity will also be increased from 580,000 bbl/day, to 630,000 bbl/day to provide additional feedstock for the complex. S-Oil currently has capacity for...

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