Business HD Hyundai Oilbank exports first blended bio marine oil
By Diplomacy Journal Lee Kap-soo HD Hyundai Oil Bank announced on July 29 that it will start exporting bio marine oil from the Pyeongtaek General Bonded Zone for the first time in Korea. Bio marine oil is an eco-friendly marine oil that reduces carbon emissions by more than 65% compared to conventional fossil fuel-based marine oil. HD Hyundai Oil Bank has begun exporting bio marine oil blended in the General Bonded Zone in Pyeongtaek, Gyeonggi Province. The export became possible after the government lifted restrictions on blending petroleum products in the comprehensive bonded zone as part of