S-OIL Donates 200 Million KRW in Win-Win Scholarships for Partner Company Employees' Children

On the 25th, S-OIL donated 200 million KRW in 'Win-Win Scholarships' to the Ulsan Social Welfare Council at the main building of its Ulsan plant.

This scholarship will be awarded to 60 recipients, including children of partner company employees and university students recommended by social welfare organizations in the Ulsan area, with each receiving 3 million KRW.

Since last year, S-OIL has been operating a scholarship program targeting children of partner company employees to promote mutual growth with partner companies and provide practical support for employee welfare. Starting this year, the program has expanded to include university students recommended by social welfare organizations.

The Ulsan Social Welfare Council announced that it formed a scholarship committee to ensure fair selection and chose the scholarship recipients through a rigorous screening process.

S-OIL and representatives from the Ulsan Social Welfare Council are holding a scholarship award ceremony.

Moon Jae-cheol, Chairman of the Ulsan Social Welfare Council, expressed gratitude for S-OIL's expansion of scholarship recipients to include self-reliant youth and said, "This scholarship will serve as a foundation for students to grow into healthy members of society."

Lee Young-baek, Vice President of S-OIL, stated, "We will strengthen social contribution activities closely connected with the local community to promote mutual growth not only between large and small businesses but also with the local community."

S-OIL is engaged in various activities such as contributing to school development funds, scholarship projects, and book donations to improve the educational environment for youth in the Ulsan area where its business sites are located.

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