S-Oil signs 5.5 trillion won PE supply deal with SABIC

S-Oil has signed a five-year contract to supply polyethylene worth approximately 5.5 trillion won to SABIC, a subsidiary of Saudi Aramco, starting January 2026. The PE will be produced at the Shaheen project in Ulsan, which is expected to be completed in the second half of 2026.

“이번 계약은 샤힌 프로젝트 PE 제품의 글로벌 시장 진출을 본격화하는 중요한 이정표”sedaily.com

• 3 sources
• sedaily.com에쓰오일, 사우디 아람코 자회사에 5.5조 PE 공급 | 서울경제유현욱 기자Feb 9, 2026
• hankyung.comS-Oil 수주공시 - 폴리에틸렌(PE) 공급계약 5.51조 (매출액대비 15.0 %) | 한국경제Feb 9, 2026
• topic.echemi.comS-Oil signs $3.7B deal to supply PE to Sabic — ChemBrief TopicsFeb 10, 2026

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