Hyundai Oilbank opens BTX plant

Hyundai Oilbank CEO Kwon Oh-gap, fifth from left in the front row, gestures with employees in front of the firm’s BTX plant in Daesan, South Chungcheong Province, Wednesday. Hyundai teamed up with Japanese refiner Cosmo Oil to build the plant that will increase the former’s annual capacity for petrochemical products such as P-xylene and Benzene to 1.5 million tons from the current 500,000 tons. / Courtesy of Hyundai Oilbank