S-OIL was established in 1976 and cultivated management characteristics with a mobility to match the international generation, and a management strategy for its profit-base to grow as a competitive oil-refining company. The company has facilities that produce lube base oil, petro-chemical products, and crude oil refining facilities of 669,000 barrels a day in the Onsan Industrial Complex of Ulsan. S-OIL diversified its lubricant portfolio according to market demands, and S-OIL possesses both a lubricant brand with economic feasibility and high quality lubricant market that is represented in S-OIL 7. Saudi Aramco, the world's greatest petroleum company that led the growth of S-OIL as the largest shareholder from the early 1990s, became the single largest shareholder of S-OIL in 2015. Through this, S-OIL gave high reliability to all shareholders. Also, high accessibility was obtained, as the global resource of Saudi Aramco will become a new opportunity for the growth of S-OIL.
OIL REFINING BUSINESS - Since S-OIL began the commercial operation of its 1st oil refinery with a capacity of 90,000 barrels/day in 1980, it has expanded facilities on two occasions, and today, S-OIL is a large oil refining company with a refining capacity of 669,000 barrels/day. In addition, in line with such achievements, the company operates light oil desulfurizing facilities and gasoline manufacturing facilities. Also, company have operated two Residue Hydro-Desulfurization(RHDS) units, which are high-value-added upgrading facilities. From November 2018, started operating the third Residue Hydro-Desulfurization(No. 3 RHDS) unit and the High Severity Fluid Catalytic Cracking(HS-FCC) unit. By this, S-OIL has been able to optimize the entire production facility and achieve high value-added products, and is firmly established as a leading oil refining company.
LUBE OIL BUSINESS - Ever since its foundation in 1976 as the first lube base oil refinery in South Korea, S-OIL Corporation set a milestone in South Korean base oil market which entirely depended on import and has been a leading supplier of lube base oil in South Korea as well as global market. S-OIL is the only company which has full line-up of Group Ⅰ/Ⅱ/Ⅲ base oil products in South Korea and is positioned as one of the world class manufacturers supplying high quality base oils to global market not only Asia but also EU and North America.
LUBE BASE OIL - ''we are responding to various market demands by repeating continuous change and development'' Ever since its beginning of the finished lubricant business in 1989, S-OIL has been solidifying its position as a leading company in the market through relentless effort and innovation over the period. S-OIL has been diversifying its product and brand portfolio in line with change of market environment. By launching DRAGON in 1989, SSU in 2005, and S-OIL 7 in 2014, the company has been leading the market trends pursuing high quality premium grades. Also, the company integrated its brands into S-OIL 7 in 2019 as a way of strengthening premium quality image to all the product lines leveraging the top-tier brand name. In industrial oil segment, S-OIL are expanding line-up to meet the requirements of various industrial sub-segments, such as hydraulic oil, compressor oil, and gear oil to take advantage of our highly advanced lube base oil production technology.
PETROCHEMICAL BUSINESS - S-OIL has the best competitiveness in the petro-chemistry area, along with the lubricant and oil refinement area, through business diversification. For continuous growth, S-OIL put effort into increasing the value of manufactured products. As a result, by commercially operating the BTX production facility and Naphtha Reforming Plant in April 1991, a base for business diversification in the petro-chemistry area was provided. Also, for the single process within existing factory land in December 1997, the Xylene Center that produces Para-Xylene of 700,000 tons (currently 740,000 tons) was completed and the company officially entered the petro-chemistry area. In particular, this factory did not only reduce the investment burden per unit, but the petro-chemical products from the BTX process were Para-Xylene, which has high competitiveness from the perspective of material fees.
TotalEnergies started its lubricants business in Korea in 1987 under licensing with local partner Isu Chemical and it evolved as a joint venture with S-Oil, one of Korea’s largest refiners, in 2008. S-Oil Total Lubricants produces and sells a comprehensive range of high-performance automotive and industrial lubricants and has emerged as the third largest lubricant maker in Asia, beyond being the leader in the Korean market. As of 2015, with a stable base oil supply from the Onsan S-Oil refinery in Ulsan, S-Oil Total Lubricants holds a 16% share of the domestic lubricant market, strengthening its position as the preferred partner for domestic car manufacturers. Moreover, its outstanding quality and technological prowess are increasingly being recognized worldwide. S-Oil Total Lubricants is always striving to be the best, by offering environmentally friendly lubricants and a range of innovative services such as Total ANAC (ANAC is the abbreviation for ANAlysis Compared).
S-OIL have acquired a lot of experience in lubricant development by supplying a wide range of products such as engine oil and gear oil to leading automakers including Hyundai-Kia Motors, GM Korea, Renault Samsung Motors, Ssangyong Motor, Toyota, Lexus, etc. for 25 years since its debut in the lubricant business. We also supply the passenger car gasoline/diesel engine oils for factory fill to Hyundai-Kia Motors and recently began supplying the high-quality eco-friendly commercial diesel engine oils that satisfy the Euro VI, a new emission limit, for factory fill to Hyundai-Kia Motors.
S-OIL have acquired a lot of experience in lubricant development by supplying a wide range of products such as engine oil and gear oil to leading automakers including Hyundai-Kia Motors, GM Korea, Renault Samsung Motors, Ssangyong Motor, Toyota, Lexus, etc. for 25 years since its debut in the lubricant business. We also supply the passenger car gasoline/diesel engine oils for factory fill to Hyundai-Kia Motors and recently began supplying the high-quality eco-friendly commercial diesel engine oils that satisfy the Euro VI, a new emission limit, for factory fill to Hyundai-Kia Motors.
S-OIL 7 is the brand name of a full synthetic and synthetic lubricant based on the S-OIL-made HVI/VHVI (High Viscosity Index/Very High Viscosity Index-Group II/III) class base oil and PAO (Poly Alpha Olefin) that maximizes five main features required for a cutting-edge engine. This brand embodies the meanings of ‘Forward’ for improving the car’s technical performance and ‘Ascend’ for enhancing the driver’s experience. S-OIL SEVEN was developed using this aramcoULTRA Its performance such as a very high viscosity index, oxidation stability, and low temperature performance boosts customers’ confidence in S-OIL SEVEN. Brand concept:
What needs to be considered after securing a stable supply line of lube base oil is ‘formulation’ which is a mixing ratio for product development. Each lubricant product is developed base on the unique mixing ratio of ingredients and competitive lubricant developers are more knowledgeable about the development of an optimal mixing ratio.
