# S-Oil signs KRW 987B polypropylene supply deal with SABIC

S-Oil has signed a five-year contract with Saudi petrochemical company SABIC to supply polypropylene (PP) worth KRW 987 billion. The contract runs from January 1, 2023 to December 31, 2027, covering an estimated 667,000 tons of PP.

- Type: Contract
- Announced: 2023-05-04
- Where: South Korea
- Value: $750.0M (987.0B KRW)
- Status: completed
- Capacity: 667,000 tons of polypropylene over 5 years
- Products: polypropylene (PP)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SABIC](https://endata.com/companies/3200.md) (customer)
- [S-Oil](https://endata.com/companies/4128.md) (supplier)

## Sources

- [businesspost.co.kr](https://www.businesspost.co.kr/BP?command=article_view&num=314328), 2023-05-04: "변동성 심한 시장에서 장기계약을 통한 판매 안정성을 확보하게 됐다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.