[Asia Economy Reporter Hwang Yoon-joo] S-OIL announced on the 24th that "the NCC (Naphtha Cracking Center) expansion schedule will proceed as planned."



An S-OIL official explained during the Q2 earnings conference call, "Due to restrictions on engineer meetings caused by the COVID-19 pandemic, the schedule was delayed by 2 to 3 months, but we are using this period as an opportunity to improve the project's economic feasibility and completeness, so the project is progressing solidly as a result."


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