April 29, 2024
Market Now
S-Oil inks W570b supply contract in Japan
[DISCLOSURE] S-Oil (101950) announced on Dec. 9 that it has signed a 570 billion won (US$488 million) contract with Idemitsu Kosan, a Japanese petroleum company, to supply lube base oil.
The contract cost is equivalent to 3.2 percent of the company’s consolidated sales last year. The contract lasts from Jan. 1, 2017, to Dec. 31, 2021.
By Park Yuna (yunapark@heraldcorp.com)
The contract cost is equivalent to 3.2 percent of the company’s consolidated sales last year. The contract lasts from Jan. 1, 2017, to Dec. 31, 2021.
By Park Yuna (yunapark@heraldcorp.com)
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