[Asia Economy Reporter Hwang Yoon-joo] S-OIL announced on the 27th during its Q1 earnings conference call that regarding investment questions for this year, "The second phase of the petrochemical facility investment, the 'Shahin Project,' is expected to resume in the second half of this year."


S-OIL explained, "The basic design is currently underway, and the final investment decision is expected to be made in the second half of next year."



They added, "In addition to the Shahin Project, we plan to continuously invest in future growth businesses such as fuel cells and carbon emission rights, and if the business feasibility is guaranteed, the investment amount will also be increased."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing