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S-Oil and ConocoPhillips announce base oil marketing agreement. (Company/Industry News).(Brief Article)
S-Oil and ConocoPhillips have entered into a base oil agreement whereby the Korean refiner with a crude charge of 550,000 barrels/day and a lube plant production capacity of 22,000 barrels/day will provide premium Group III and specialty base stocks to ConocoPhillips for sale and distribution throughout the United States.
This relationship will combine the exceptional quality of S-Oil's base stocks, produced at its new state of the art Group III refining facility, with the marketing, technical, and logistics strengths of ConocoPhillips. S-Oil's Senior Vice President, Mr. B. S. Park, says that this should be a perfect marriage …
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