Monday, September 5, 2016

S-Oil total lublicants (STLC)- a joint venture between S-Oil and French Firm TOTAL - export #3


S-OIL, the country’s third-largest oil refiner, started full-scale operation of its new lubricant oil plant on 3rd June 2010, doubling its production capacity.

S-OIL Total Lubricants Co., a joint venture between S-OIL and French firm TOTAL has completed the expansion project of its lubricant factory in Ulsan, South Gyeongsang Province.
Production, sales technology, and the marketing know-how of Total Company are all actively used such that the company possesses optimal competition through a synergy effect of business area, production, and raw material.

With the completion of the factory expansion project, STLC is capable of producing 2,500 barrels of lube oil, up from 1,300 barrels per day.

STLC is a lubricants venture that S-OIL and TOTAL, the fifth-largest oil and gas company in the world, launched in Korea in 2008. After its launch, STLC set up the project to integrate its No. 2 lube oil plant into its No. 1 lube oil plant in Ulsan and double its production capacity.
The project began in June 2009. Under the project, they built a finished product warehouse, improved bulk loading facilities and installed an automated high-speed filling system for small-packaged products to double our production capacity.

The integration project will help the company seek steady growth in Korea.
Furthermore, a production system of 2,500 barrels and distribution provision by region were established. By producing and supplying various products used in lubricant and industrial sites for automobiles, the company stands high in status as the leading company in Korea’s lubricant market

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