S-OIL Foundation Celebrates 15th Anniversary with Networking Event

By SHIN JIA Posted : June 23, 2026, 14:32 Updated : June 23, 2026, 14:32
S-OIL Foundation hosts 'Networking Night' to share 15 years of achievements [Photo=S-OIL]
S-OIL Foundation held a "Networking Night" event on June 22 at the Westin Chosun Hotel in Seoul.

According to industry sources on June 23, the event was organized to review the achievements of basic science research supported by the foundation over the past 15 years and to promote collaboration among researchers.

Approximately 90 attendees, including scientists supported by the foundation and academic representatives, participated in the event. They shared research outcomes and experiences while discussing future collaboration for scientific advancement. Professors Han Jeong-woo from Seoul National University and Kim Un-hyuk from Hanyang University presented their research findings, explaining the significance and future direction of basic science research.

S-OIL established the independent S-OIL Foundation in 2011 to support pure science initiatives. The foundation conducts various programs, including awarding outstanding thesis prizes in the sciences, operating a next-generation scientist award, and hosting international academic forums in science and engineering.

Hong Seok-woo, chairman of the foundation, stated, "The Networking Night is an opportunity to express gratitude to researchers who have worked hard for the advancement of basic science and to reaffirm our commitment to collaboration and support for scientific and technological development. We will continue to support the growth of the scientific community in our country and the nurturing of future talent."

Meanwhile, S-OIL is expanding its high-value material projects, including the Shahin Project, a large-scale petrochemical initiative, and immersion cooling oil. The company plans to accelerate its entry into the next-generation thermal management market for data centers through immersion cooling technology demonstrations while also focusing on securing future growth engines.



* This article has been translated by AI.

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