Adopted stand-alone management system after being separated from Ssangyong Group

Began commercial operation of para-xylen Center (650,000 tons/year)

Completion ceremony for Bunker-C Cracking Center (Capacity - heavy oil cracking facility: 143,000 B/D, heavy oil desulfurization facility: 92,000 B/D)

Exported refining products worth 2.2 bil. dollars for first time among refiners in Korea

Achieved ISO 14001(environment management system) certificate

Launched new gasoline product “Super Clean LB”

Began 1st phase operation of Bunker-C Cracking Center facilities

Moved its headquarters to Ssangyong Tower in Yeouido

Started commercial operation of No.3 crude distillation unit (250,000 B/D)

Acquired Eco-label Certification for Clean Kerosene of Company for first time in the industry

Triggered quality competition with the launch of high-octane “RON 97 Gasoline” products

Completed construction of R&D Center

Signed joint-venture agreement and long-term crude oil purchase agreement with AOC

Appointed Kim Sun-dong as CEO

Began commercial operation of No.1 aromatic complex (BTX 900,000 tons/year)

Began commercial operation of No.2 crude distillation unit (240,000 B/D)

Appointed Jang Seok-hwan as CEO