This company is engaged in the production of energy and petrochemical products. Founded in October 1962, it has its registered headquarters in Seoul, Republic of Korea. The company is Korea's largest energy-chemical company. It operates through six segments: Petroleum Production, Batteries, Information and Electronic Materials, Refining, Chemical Business, and Lubricants. The Petroleum Production segment is actively engaging in petroleum production across the world, contributing to Korea's energy independence and economic growth. The Batteries segment produces lithium-ion batteries for hybrid electric vehicles. The Information and Electronic Materials segment produces high-quality information and electronic materials built on chemical technology capabilities. The Refining segment exports various petroleum products. The Chemical Business segment produces petrochemicals. The Lubricant segment exports high-quality base oils to over 50 countries and finished lubricant products to 25 countries including Russia, China and the U.S.
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