- Solid diesel demand expected ahead of IMO 2020.
- Company’s Q2 profit down by 42% to 498 billion won ($420.91 million).
- Gasoil cracks to increase in Q4 due to pre-stocking.
- Plans to start its own desulphurisation unit in 2020.
South Korea’s SK Innovation, owner of South Korea’s biggest oil refiner SK Energy, said that refining margins are expected to improve, driven by solid diesel demand before new rules on marine fuels take effect from 2020, reports Reuters.
Second quarter profitThe company...
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