Exports of Korean refiners touch all-time high amid soaring global demand for lighter, cleaner petrol products

20-Dec-11
Combined exports of SK Innovation, GS Caltex, S-Oil and Hyundai Oilbank has crossed 76.1 trillion won (US$64.5 bln) during the first 10 months of the year. Exports of Korea's four major refiners have reached an all-time high this year on the back of soaring global demand for their lighter, cleaner petrol products, as per The Korea Herald. Exports are up more than 20% from 63.1 trillion won for 2010. The four majors control over 90% of the local market.
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