S-Oil's Shaheen Petrochemical Complex Starts Commercial Operation
DELAYED4 weeks late66% CONFIDENCEDelayed, per iusm.co.kr[1]: S-Oil told its 3 August 2026 call it is "2027년 초 상업가동을 목표로" (targeting commercial operation in early 2027) after pre-commissioning and start-up; KBS (Feb 2026) gives the target as January 2027, so the month's last day.
S-Oil's 9.26 trillion won Shaheen complex at its Onsan refinery in Ulsan, with the world's first commercial Thermal Crude-to-Chemicals unit and a 1.8 million-tonne ethylene cracker, is due to start commercial operation in early 2027. Aramco is S-Oil's largest shareholder.
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