[Concall] SK Inno "150,000 Barrel Production Cut in Q2 Due to Maintenance Facilities"
[Asia Economy Reporter Hwang Yoon-joo] On the 6th, SK Innovation stated during the '2020 Q1 Earnings Conference Call' that "At the Ulsan Complex (CLX), SK Energy is reducing CDU capacity and operating conservatively considering the decrease in jet fuel and gasoline demand due to COVID-19," adding, "In Q2, we plan to reduce capacity by 150,000 bpd compared to Q1 through maintenance facilities."
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They continued, "Although VRDS was successfully commissioned ahead of schedule, its profitability declined more than expected due to the impact of COVID-19," and explained, "We are operating 40,000 bpd normally through optimal operations."
This content was produced with the assistance of AI translation services.
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