S-Oil, Sumitomo Chemical sign tech license agreement
Nov 30, 2015
S-Oil, one of the largest oil refiners in Korea, announced Monday it has signed a technology license agreement with Sumitomo Chemical regarding polypropylene and propylene oxide production.The Japanese chemical company has a successful track record of PP production and runs several operations around the world producing high-quality products.Under the agreement, S-Oil can now construct production plants that produce 405,000 tons of PP and 300,000 tons of PO per year, as well as manufacture and se