2016.03 Hyundai Oilbank was named the title sponsor of K-League for 6 consecutive years
2016.03 Reached 6 million accident-free man-hours
2015
2015.11 Reached 5 million accident-free man-hours
2015.11 Awarded in 2015 Korea Electricity Safety Awards
2015.10 Established the Lubricant Research Center
2015.06 Awarded the President’s Award in 2015 Green Management Awards
2015.06 Reached 4 million accident-free man-hours
2015.06 Entered into partnership with Seoul National Cemetery
2015.03 Hyundai Oilbank 1%-Donation Foundation launched the Seosan 1%Donation House Project
2015.02 Awarded the Grand Prize in the 11th Corporate Transparency Awards
2014
2014.12 Signed agreement on cooperation to establish a joint venture for the carbon black business
2014.11 Received Presidential Award at the 2014 Corporate Innovation Award from Korea Chamber of Commerce and Industry
2014.11 Received Presidential Award at the Labor Management Culture Awards from Ministry of Employment and Labor
2014.11 Received Primer Minister Award at Energy Conservation Promotion Rally from Ministry of Trade, Industry and Energy
2014.11 Ranked first in the service station category at the KS-CQI surveys by Korean Standards Association
2014.10 Completed #9 FBC Boiler, a cutting-edge facility that supplies heat
2014.10 Received Presidential Award at the Korea Safety Awards
2014.09 President and CEO Moon Jong-bak took office
2014.09 Completed Daegu Logistics Center
2014.09 Completed a lubricant base oil plant of HYUNDAI and SHELL Base Oil
2014.07 Celebrated 50th anniversary
2014.05 Established Hyundai Chemical
2014.05 Obtained ISO 14001 Energy Management Systems Certificate
2014.04 Completed Hyundai Oil Terminal
2014.01 Directly-run service stations participated in 1% profit sharing program
2013
2013.12 Completed oil terminal at Ulsan New Port
2013.11 Ranked first in KS-CQI in refinery category
2013.08 Launched lubricant business and XTeer automobile engine oil brand
2013.07 Signed MOU for mixed-xylene manufacturing with Lotte Chemical
2013.04 Began commercial operations of #2 BTX Plant
2013.02 1% Nanum Foundation signed agreement on overseas school support projects with Good Neighbors
2013.02 Named one of the top 10 companies in Best Employers in Korea by Aon Hewitt.
2013.01 Began construction of lubricant base oil plant with Shell
2012
2012.12 Received USD 8 billion Export Tower on Trade Day from Korea International Trade Association (KITA)
2012.12 President and CEO Kwon Oh-gap received Silver Tower Industrial Medal on Trade Day.
2012.11 Achieved mechanical completion of #2 BTX
2012.11 Ranked first in KS-CQI in the entire industry category and KS-SQI in refinery category
2012.10 Received Presidential Award at 1st Korea Knowledge Awards
2012.09 Completed FBC
2012.07 President and CEO Kwon Oh-gap received Dasan Management Award from Korea Economic Daily.
2012.04 Completed Hanmaeum Hall for business partners
2012.04 Launched HYUNDAI and SHELL Base Oil, a joint venture with Shell.
2012.02 Launched Hyundai Oilbank 1% Nanum Foundation
2012.02 Launched collaboration for lubricant base oil business with shell
2011
2011.11 Established Hyundai Oilbank Central Technology R&D Institute
2011.10 Began construction of oil terminal at Ulsan New Port
2011.09 Signed agreement on 1% sharing, a first among large companies in South Korea.
2011.09 Completed the construction of the secondary upgrading unit
2011.07 Began construction of #2 BTX Plant
2011.03 Launched Customer Advisory Panel
2011.01 Started the construction of the secondary upgrading unit
2010
2010.08 Kwon Oh-gap appointed president and CEO
2010.08 Became an affiliate of the Hyundai Heavy Industries Group
2010.07 Ranked No.1 on the Korea Service Quality Index (KS-QSI) survey conducted by Korea Management Association Consulting
2010.06 Won the Korea Great Workplace award from Hankyung Magazine
2000’s
2007.09 Topped the Korea Service Quality Index (KS-SQI) in the gas station sector
2007.09 Completed the construction of 104 company dwellings for employees at the Headquarters in Daesan
2007.07 Executed an MOU with CEPSA, a Spanish oil refining corporation, for the construction of aromatic product manufacturing facilities
2007.06 Published the Sustainable Operation Report in 2007
2007.06 Awarded the Grand Prize for Economic Leadership in Korea in 2007 (Ethnical Operation Sector)
2007.06 Awarded Credit Rating A2+ for commercial paper
2007.05 Awarded the Grand Prize as the first Global Human Resource Operation Business
2007.03 Commenced operation of an oil reservoir with a capacity of 52,000 barrels in Jeju
2007.03 Announced the 'Run To U' Vision 2012
2007.01 Awarded Grade A for its Autonomous Compliance Program for Fair Trade
2006.12 Signed a voluntary agreement, the Improvement of the Atmospheric Environment 5-18
2006.10 Rated as the top provider of the best gas station services in the National Customer Satisfaction Index (NCSI) according to the 2006 survey conducted by the Korea Productivity Center
2006.05 Agreed on an MOU for the construction of 600,000 tons of paraxylene and 300,000 tons of benzene with Spain’s CEPSA
2006.03 Designated as the Top Ethically Operated Business among Manufacturing Industries in the Private Sector by the Ministry of Commerce, Industry and Energy
2006.03 Completed construction of the Gymnasium at the Headquarters in Daesan
2005.12 Awarded the Grand Prize for Ethical Business Operation in Korea (Ethical Operation)
2005.11 Completed Clean Fuel Project for higher quality products
2005.07 Achieved the highest rating in industry on the Sustainable Operation Index
2005.03 Awarded the Grand Prize for Marketing Activities in Korea (Service Marketing)
2004.12 Awarded the Grand Prize for Providing Opportunities to Disabled People
2004.11 Elected as an Excellent Business for New Labor-Management Culture (Ministry of Labor)
2004.11 Awarded the Grand Prize for Customer Satisfaction Management
2004.11 Awarded the Golden Prize in the Advertisement Competition sponsored by the Maeil Daily Economic Newspaper
1990’s
1999.12 Succeeded in attracting investment from IPIC worth KRW 510 million
1999.09 Acquired Hanwha Energy and merged with the Hanwha Energy Plaza
1999.05 Completed construction of a BTX plant with an annual capacity of 400,000 tons
1997.12 Awarded a Medal Commending Export Achievement Worth One Billion US Dollars
1996.05 Completed construction of oil refining facilities with a capacity of 200,000 barrels per day at the Daesan Refinery
1996.01 Mong Hyuk Jung was appointed as President of the company
1994.06 OILBANK brand developed and introduced
1993.07 Changed the corporate name to Hyundai Oil Refinery Co., Ltd.
1980’s
1989.11 Completed the construction of Daesan Refinery (Awarded the President’s Commendation)
1989.07 Obtained approval for an additional refining capacity of 100,000 barrels of crude oil per day
1988.11 Began operation of an atmospheric distillation facility with a capacity of 60,000 barrels per day
1988.08 Changed the corporate name to Kukdong Oil Refining Co., Ltd.
1970’s
1978.08 Completed construction of facilities with a capacity to refine 10,000 barrels of crude oil per day
1977.05 Changed the corporate name to Kukdong Oil Co., Ltd.
1960’s
1969.01 Changed the corporate name to Kukdong Shell Petroleum Co., Ltd.
1968.09 Executed a joint venture agreement with Royal-Dutch Shell of the U.K.
1965.12 Completed construction of the Busan Refinery
1964.11 Established the first private oil refining company (Kukdong Oil Industrial Company) (currently Hyundai Oilbank Co., Ltd.)
