Hyundai Oil Bank
Encyclopedia
Hyundai Oilbank is a petroleum
and refinery
company with its headquarters in Seoul
, South Korea
. It was established in 1991 by two entities: the Keukdong Refinery (1987) and the family group Hyundai Kia Automotive Group
(1999). Its primary manufacture are oil products, similar to the SK Corporation, GS Caltex
, S-Oil
.
Petroleum
Petroleum or crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. Petroleum is recovered mostly through oil drilling...
and refinery
Refinery
A refinery is a production facility composed of a group of chemical engineering unit processes and unit operations refining certain materials or converting raw material into products of value.-Types of refineries:Different types of refineries are as follows:...
company with its headquarters in Seoul
Seoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
, South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
. It was established in 1991 by two entities: the Keukdong Refinery (1987) and the family group Hyundai Kia Automotive Group
Hyundai Kia Automotive Group
The Hyundai Kia Automotive Group is South Korea's largest automobile manufacturer, the second largest automaker in Asia after Toyota and the world's fourth largest automaker after Toyota, GM, and Volkswagen as of the end of 2010...
(1999). Its primary manufacture are oil products, similar to the SK Corporation, GS Caltex
GS Caltex
GS Caltex is a South Korean oil refiner. The company changed its name from LG-Caltex Oil Corporation to GS Caltex Corporation on January 27, 2006...
, S-Oil
S-Oil
S-Oil Corporation is a petroleum and refinery company, headquartered in Seoul, Korea. It was established in 1976 by old name SsangYong Refinery . It produces petroleum and lubricant products...
.