South Korean refiners step up biofuel business projects
- Production capacity: 2-200T/D
- Model number: YS Refining
- Voltage: 220V/380V
- Power: Standard
- Dimension (L *W*H): Standard
- Weight: Standard
- Material: Alloy steel and cast steel
- Application: Production line for grains and edible oils
SK Innovation aims to start SAF production in 2026. South Korean oil refiners will shift their business priority to biofuels in 2024 and environmentally-friendly products will be considered the new growth engines as oil product cracking margins may not hold up in the long term, refinery sources said Jan. 30-31.
South Korean S-Oil starts SAF and bio-naphtha production
- Production capacity: 80-5000kg/h-97%
- Voltage: 380V or customized
- Dimension (length x width x height): depends on capacity
- Weight: 2000 kg
- Main components: Motor, gear, gearbox
- Oil function: produce edible oil
- Application: vegetable oil manufacturing
- Capacity: requirement
- Feature: cold pressing
- Processing types: physical
- Quality: professional high quality from China
- Machine material: steel carton
South Korean oil refining company S-Oil announced that it has started to process bio-based feedstocks, including used cooking oil and the byproducts of the palm oil, to produce sustainable aviation fuel (SAF) and naphtha. The company further added that it will also produce eco-friendly chemicals such as polypropylene using waste plastic-based ...
Olive Oil Sales Are Growing Fast in South Korea - AgFlow
- Production capacity: 1-3000T/D
- Model number: oil extraction plant
- Voltage: 220V, 380V
- Power (W): 11KW
- Dimension (L*W*H): 48m*12M*15M(30TPD)
- Weight: 30 tons
- Value of Iodine gl/100g: 44-46
- Transparency: 500C transparent
- Smell, taste: the smell and taste are good
- Color (133 bowls available .47 mm): less than Y30R3.0
- % moisture and volatile matter: less than 0.05
- % residue: less than 0.05
- Melting point0C: 33-39
- Acidity value mgKOH/g: less than 1.0
- Peroxide value mmol/L: less than 10
- Palm olein: high quality after oil extraction plant
Retail sales of Vegetable Oils in South Korea had a value of US$478.7 million in 2021. Sales of Vegetable Oil are forecast to grow by 1% from 2022 to 2026, reaching US$522 billion in 2026. According to Euromonitor International, other Edible Oil was the top category, with sales valued at US$187 million. Sales of other Edible Oils are forecast ...
South Korea to have its First Hydro-Treated Vegetable Oil
- Model NO.: 6YL-80
- Power: 5.5kw
- Item: Screw Oil Pressing Machine
- Weight: Depends on the different model
- Material: Stainless steel
- Capacity: 80 -150 kg/H
- Certification: Ce,ISO
- Oil rate residual: 6-8%
- Delivery: within 7 days of payment
- Transportation package: polywood package for sea transportation
- Specification: 1510 *440*700 mm
- HS code: 8419409090
- Production capacity: 10000
Journalist: Jung Hoon. South Korea’s mega-corporations LG Chem and Dansuk Industrial have planned a joint investment for the launch of hydro-treated vegetable oil (HVO) and sustainable aviation fuel (SAF) plant at Daeson location. This investment will give Korea its first HVO and SAF production facility that is scheduled to commence in 2024.
South Korea boosts UCO imports in November | Latest Market News
- Model NO.: 6YL-160T
- Raw material: Vegetable seed
- Function: Pressing oilseeds to obtain crude oil
- Advantage : High quality material, high oil production rate
- Spare parts: Worms, Rods, Cake Output Ring
- Machine Accessories: Sheller, Sheller, Toaster Machine, Press, Filter
- Capacity: 500-800kg/H for Seeds
- Main Market: Lebanon, Nigeria, Azerbaijan, Cameroon, Congo
- Working video: available for viewing
- Operation manual: cold press machine can be provided
- Service: oil extraction machine with best service
- Transport package: box wood
- Specification: 2450*2100*2600 mm
- Production capacity: 500 sets per month
But Spain and Denmark increased receipts from zero last year to 9,500t and 8,000t respectively during the same period. South Korean used cooking oil (UCO) exports continued their downtrend in November, having plummeted by 35pc over January-November, although imports of the feedstock rose on the month to fuel a growing domestic biodiesel industry.
- What is the growth rate of cooking oil in South Korea?
- From 2017 to 2021, sales of cooking oils in the country grew at a compound annual growth rate (CAGR) of 2.6%. Sales of cooking oil are forecast to grow by 1.0% from 2022 to 2026, reaching US$522.3 billion in 2026. In 2021, CJ Corp, was the biggest player in the cooking oil market in South Korea.
- How big is the cooking oil market in South Korea?
- Sales of cooking oil are forecast to grow by 1.0% from 2022 to 2026, reaching US$522.3 billion in 2026. In 2021, CJ Corp, was the biggest player in the cooking oil market in South Korea. The company's sales of edible oils were valued at US$183.6 million, representing a market share of 38.4% in 2021.
- How much is cooking oil worth in South Korea?
- In 2021, retail sales of cooking oils in South Korea were valued at US$478.7 million. From 2017 to 2021, sales of cooking oils in the country grew at a compound annual growth rate (CAGR) of 2.6%. Sales of cooking oil are forecast to grow by 1.0% from 2022 to 2026, reaching US$522.3 billion in 2026.
- How many cooking oil products are there in South Korea?
- According to Mintel's global new products database (GNPD), there were 471 new cooking oil products launched in South Korea from 2017 to 2021. In 2021, the top five claims of cooking oils offered were organic, premium, kosher ethical – environmentally friendly package, and ethical – recycling.