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Dear Valued Customers,
Greetings from Kang, Dal Ho,
the CEO of Hyundai Oilbank.

Hyundai Oilbank is Korea’s 1st Private Oil Refining Company founded in 1964. For the last half century, Hyundai Oilbank has been doing its part to contribute to the economic development and energy industry advancement of Korea.

The Daesan Plant of Hyundai Oilbank located in Seosan, Chungnam, the center of West Coast distribution for the 21st century, currently supplies environmentally-friendly and high-quality oil produced through cutting edge refining facilities with a daily capacity of 650,000 barrels to more than 20 countries worldwide.

We continue to strengthen our competitiveness and diversify profits by expanding non-oil refining businesses such as lube base oil, petrochemistry, steel chemicals, and oil storage business.
As the very first major company in Korea, we have also founded 1% Nanum Foundation as a member of society that finances 1% of the monthly salaries of employees to support neighbors in need.

Hyundai Oilbank promises to be a company that customers, shareholders, and
the public can trust and love - with transparent and environmentally-friendly
management, based on honesty and fairness. We will never settle for the present,
but rather continue to discover newly growing industries so that we can grow to
become a total energy company with global competitiveness.

Thank you.

CEO of Hyundai Oil Bank
Kang, Dal Ho

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