08JUL2019 - NEWS - SK Trading aims to become the No. 1 provider of low-sulfur fuel in Asia

SK Innovation’s trading unit to quadruple oil blending capacity. A trading unit of SK Innovation, which owns the country’s largest refiner SK Energy, will quadruple its offshore low-sulfur fuel supply in 2020 to meet the growing demand for diesel fuel with substantially lowered sulfur content under toughening emission control regulations, the company said Monday.

SK Trading International plans to increase its oil blending capacity from 23,000 barrels per day to 90,000 barrels next year, aiming to become the No. 1 provider of low-sulfur fuel in Asia.