- CEO
- Major Sun-Woo Chang
- Full Time Employees
- 109
- Sector
- Energy minerals
- Industry
- Oil refining/Marketing
- Address
- 101 Eosil-ro Yangsan-si SG South Korea
- IPO Date
- Jan 31, 1991
- Business
- Kukdong Oil & Chemicals Co.,Ltd Kukdong Oil & Chemicals Co.,Ltd manufactures and supplies petroleum and chemical products primarily in South Korea. The company develops a broad range of industrial lubricants including machine oil, gear oil, hydraulic oil, air compressor oil, heat transfer oil, refrigeration oil, grease, insulating oil, and transformer oil; metalworking fluids such as non-water-soluble and water-soluble oils, plastic processing oil, anti-rust oil, and cleanser oil; specialty oils like paraffin oil, naphthenic oil, and aromatic oil; and liquid paraffin for food additives, cosmetics, and general industrial uses. It also produces asphalt products, waterproofing sheets under the BP brand, and operates in LPG distribution through charging stations, petroleum supply to gas stations, and oil distribution; the company distributes branded lubricants including BP, Castrol, Optimol, and Tribol, and exports to approximately 20 countries worldwide.
Founded in 1979 and headquartered in Yangsan-si, Gyeongsangnam-do, South Korea, Kukdong Oil & Chemicals Co.,Ltd serves the specialty chemicals sector across lubricants, asphalt, LPG, and petroleum segments, targeting industrial, construction, automotive, and energy markets.
Recent strategic developments include plans to construct South Korea's largest hydrogen production facility in Ulsan, marking an expansion into renewable energy; in 2025, the company announced expectations to receive KRW 30 billion in funding related to this initiative, alongside regulatory approvals for tangible asset acquisitions by subsidiaries and changes in major shareholdings.