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HD Hyundai Oil Bank 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 600K 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.

HD Hyundai Oilbank achieved vertical integration of the aromatics business from crude oil to aromatics through the MX (mixed xylene) production plant with an annual capacity of 1.35 million tons and the aromatics production plant with an annual capacity of 1.8 million tons.

HD Hyundai Chemical, a petrochemical subsidiary of HD Hyundai Oilbank, has been expanding its petrochemical operations since the launching of the Heavy-feed Petrochemical Complex (HPC) in 2022.

The lubricating base oil plant (annual capacity: 1 million tons) and the steel mill, which manufactures tires and printer ink, are driving company diversification.

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

HD Hyundai Oil Bank introduced the brand ‘OILBANK’ to gas stations in 1994 and has been reaching out to customers with differentiated services and credible products through 2,500 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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