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Hyundai Oilbank took its first step
as Korea’s 1st Private Oil Refining Company in 1964.

The Daesan Plant built on 3.3M m² of land in Daesan-eup, Seosan, Chungnam, is equipped with oil refining facilities with a daily capacity of 650K barrels.

We are realizing the dream of ‘Ground oilfields’, increasing production of high value petroleum products by upgrading our facilities for re-decomposing the remaining crude oil after refinery process.

We have completed the vertical integration in the Petrochemical Aromatic Business from crude oil to BTX by building MX (Mixed Xylene) Production Plant with an annual capacity of 1.2M tons, and the BTX Production Plant with an annual capacity of 1.42M tons.

We are also diversifying the business through Steel Chemical Plant that produces base materials for tires and printer ink, and the Lube Base Oil Plant that produces 1000K tons per year.

We have entered the Commercial Oil Storage Business,
first among oil refining industry

Hyundai Oilbank introduced the brand ‘OILBANK’ to gas stations in 1994 and has been reaching out to customers with differentiated services and credible products through 2,400 gas stations nationwide.

We believe in the power of sharing. Most of our employees have been
donating 1% of their monthly salary to spread hope throughout society.
We help local farmers and fishermen with their financial independence by purchasing
newly harvested rice and releasing rockfish every year. We will not only focus on fulfilling basic corporate duties, which is creating profits, but also devote ourselves to fulfilling social responsibilities.

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