Energy Division
HD Hyundai Cosmo
Petrochemical Leader for BXT Business
HD Hyundai Cosmo was established in 2014 through a joint venture between HD Hyundai Oilbank and the Japanese refiner Cosmo Oil. It has a production system that can produces 1.42 million tons of BXT annually and produces and sells paraxylene and benzeneserves that serves as a primary material for different industries, including plastics, synthetic resins, and polyester fibers.
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CEO
Ko Yeong gyu, Gota Sakai
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Established
November 26, 2009
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Revenue
KRW 1.9879 trillion (as of 2023)
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Address
182 Pyeongshin 2-ro, Daesan-eup, Seosan-si, Chungcheongnam-do, Republic of Korea
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Contact Number
+82-2-500-4627 -
Sites
BUSINESS OVERVIEW
Petrochemicals
HD Hyundai Cosmo started commercial operations of its second plant in 2013 in response to increasing petrochemical demand in Asian countries such as China and India. It now has a production system capable of annually producing 1.18 million tons of paraxylene and 240,000 tons of benzene. HD Hyundai Cosmo is set to further nurture growth engines based on its improved facilities and marketing capabilities.