South Korea's SK Energy, GS Caltex to Shut Crude Units for Maintenance

Reuters, March 2, 2021

South Korea’s top two refiners, SK Energy and GS Caltex, plan to shut one crude processing unit each in March to April for regular maintenance, said an official from SK Innovation and two trade sources.

The official from SK Innovation, which owns SK Energy, said on Tuesday that they have routine maintenance scheduled for their No.4 crude distillation unit (CDU) in Ulsan between mid-March and mid-April. The CDU has a capacity of 240,000 barrels per day (bpd).

Separately, GS Caltex planned to shut its No. 4 330,000 bpd CDU at Yeosu during March to April, the sources said.

GS Caltex declined to comment.

SK Energy has five CDUs at its refinery in the southeastern city of Ulsan, with a total refining capacity of 840,000 bpd, while GS Caltex has an overall refining capacity of 800,000 bpd.

(Reporting by Heekyong Yang, Shu Zhang, and Florence Tan; Editing by Louise Heavens)

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