Mi Chang Oil Industrial Co. (003650)

Overview

Michang Oil Ind. Co., Ltd., established in 1962, operates within the petrochemical sector out of its headquarters in Busan, South Korea. The company has cemented its presence in the industry through the provision of a wide array of petroleum-based products. Initially focusing on automotive lubricants, Michang Oil has expanded its offerings over the years to encompass a broad spectrum of industrial lubricants, transformer oils, and specialty oils used across various sectors. This diversification reflects the company's adaptability to changing market demands and its commitment to serving a wide range of customer needs.

Products and Services

Michang Oil Ind. Co., Ltd. offers an extensive portfolio of products, each designed to meet the specific requirements of its applications

• Automotive Lubricants: The lineup includes motor oil, gasoline engine oil, diesel engine oil, gear oil, and automatic transmission oils. These products are formulated to reduce wear and tear in automotive engines and transmissions, ensuring longer life and better performance.
• Industrial Lubricants: This category encompasses hydraulic oils, gear oils, turbine oils, and heat transfer oils. Designed for various industrial applications, these lubricants help in the smooth operation of machinery, reducing downtime and maintenance costs.
• Transformer Oils: Used in the electrical power industry, these oils are critical for cooling and insulating purposes in transformers. Their properties help in enhancing the longevity and reliability of electrical transformers.
• Rubber Process Oils: Including types such as paraffin, naphthene, and aroma, these oils are used in the production of rubber, aiding in the processing and manufacturing of rubber products by improving their elasticity and strength.
• Technical Grade White Oils: These highly refined mineral oils are used in applications requiring oil with almost no color, odor, or flavor. Their purity makes them suitable for various technical applications.
• Food, Cosmetic, and Pharma Grade White Mineral Oils: With strict adherence to safety and quality standards, these oils are used in products where direct human contact is possible or likely, including pharmaceuticals, cosmetics, and food packaging.
• Special Fluids: This category covers a wide range of specialized fluids such as agricultural spray oils, which are designed for specific applications that require unique formulations to achieve desired results.