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Hyundai Heavy Industries

Company Summary

Description

Shipbuilding company based in South Korea.

Website

http://english.hhi.co.kr/about/history

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Company Transactions

Date: 12/18/2019
Type: Acquisition

NOTES:
Saudi Aramco has closed on its purchase of a 17% position in South Korean refiner Hyundai Oilbank for $1.2 billion. Aramco is looking to boost its owned refining capacity from 5 Mmbbl/d to 10 Mmbbl/d, with Oilbank owning 0.65 MMbbl/d in capacity.
REGIONS:
  • Asia