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HD HYUNDAI and SHELL Base Oil is

a joint venture company between HD Hyundai Oilbank Co., Ltd.,
organized and existing under the laws of the Republic of Korea and
The Shell Petroleum Company Limited, a corporation organized under the laws of England.
After its establishment in April 2012, HD HYUNDAI and SHELL Base Oil constructed a Base Oil Manufacturing Plant in Chungcheongman-do Daesan Petrochemical Complex and began commercial operations in the second half of 2014.

HD Hyundai Oilbank 60%, SHELL 40%

HD HYUNDAI and SHELL Base Oil is producing high-quality lube base oil
from 25,000 barrels of highly-refined feedstock per day.
It is supplying its high-quality products to around 50 countries throughout the world including China,
India as well as the Americas.

Organization chart

Representative Director and CEO
Planning & Finance Team
· Establishing Business plan & Profit management
· BOD & Shareholder’s meeting
· Finance Management
Marketing Team
· Overseas sales of base oil
· Domestic sales of base oil
CPO
LBO Production Team
· LBO Operations & Production
Safety & Environment & Technical Service Team
· Safety, Environment, Technology, Production Planning
Board of Director

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