GS Caltex

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GS Caltex
GS칼텍스
Joint venture
IndustryOil refiner
Founded1967
HeadquartersSeoul, South Korea
Area served
Worldwide
ProductsPetroleum products
RevenueIncreaseUS$50.26 billion (2014)
ParentGS Group
Chevron Corporation
Websitewww.gscaltex.com
Korean name
Hangul
GS칼텍스
Revised RomanizationGS Kaltaekseu
McCune–ReischauerGS Kaltaeksǔ
(former)
Hangul
호남정유
Hanja
湖南精油
Revised RomanizationHonam Jeongyu
McCune–ReischauerHonam Chongyu
GS Caltex gas station in Seoul
GS Caltex gas station in Changwon

GS Caltex is a South Korean oil refiner. The company changed its name from LG-Caltex Oil Corporation to GS Caltex Corporation on January 27, 2006. It is jointly owned by Chevron and GS Group.

GS Caltex was founded in May 1967 as the first private oil company in Korea.[citation needed] GS Caltex provides more than one-third of Korea’s oil needs and exports over 50% of its products.

Production Base[edit]

  • Refining Facilities : GS Caltex has crude oil refining facilities with a capacity of 775,000 barrels per day (123,200 m3/d).
  • Kero-Diesel Hydrodesulfurization Facilities : GS Caltex desulfurizes 272,000 barrels (43,200 m3) of kerosene and diesel each day.

Business Domain[edit]

  • Petroleum : GS Caltex has a daily production capacity of 775,000 BPSD and more than 50% of total output is exported.
  • Petrochemicals : GS Caltex constructed a polypropylene plant in 1988. That was followed by expansion into the aromatics business in 1990. Currently, GS Caltex manufactures basic petrochemicals.
  • Base Oil & Lubricants : In November 2007, GS Caltex began base oil production with a capacity of 16,000 BPSD. As of 2011, its production capacity reached 26,000 BPSD;GS Caltex exports more than 70% of its total base oil production. GS Caltex produces 9,000 BPSD of lubricants per day and 8,000 MTA of grease products a year.

See also[edit]

References[edit]

External links[edit]