[Asia Economy Reporter Jang Hyowon] Hyundai Oilbank announced on the 6th that it will halt production at its 2nd plant, which includes crude oil refining facilities and heavy oil cracking facilities, from the 8th until May 22. The reason for the production stoppage is scheduled maintenance.



The sales amount for the production stoppage sector is 13.1858 trillion KRW, which is 62.4% of last year's sales. This sales amount is calculated based on the refining capacity of the 2nd plant, and the sales decrease during the scheduled maintenance period corresponds to an effect of about 1.5 months.


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