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Petrochemicals

As part of plans for business diversification using naphtha produced at its oil refining facilities, 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 spanning from everyday necessities to advanced materials.

Aromatics

Petrochemicals are alternatives that address the limitations of natural resources like wood, rubber and fiber. Used as basic materials in virtually all sectors, from automobiles and electronics to construction and textiles, petrochemicals form the backbone of industry. Through ongoing facility expansion, GS Caltex has the world’s largest aromatics capacity as a single-site factory with annual production capacity of 2.8 million MTA for aromatics (benzene, toluene, xylene) including 1.2 million MTA of paraxylene.

Polypropylene

With the goal of delivering the highest levels of quality and service, GS Caltex proceeded with facility expansion for polypropylene since launching production of Hiprene in 1988 and currently has an annual capacity of 180,000 MTA. The entire volume of feedstock for polypropylene, propylene, is sourced internally from the RFCC (Residue Fluid Catalytic Cracker) process. We were the first in Korea to develop raw materials for lubricant containers, water bottles and blowing agents. Such innovation not only met our clients’ diverse needs but contributed to technological advances in the domestic polypropylene industry. We continue to propel advances via efforts to develop and commercialize high-performance materials including those used in making paint and sound-absorption pipes.
In addition, GS Caltex is strengthening its presence in the Chinese market. In 2006, we launched GS Caltex (Langfang) Plastics China in the city of Langfang in Hebei Province. That was followed by the founding of GS Caltex (Suzhou) Plastics China in 2010. These two companies produce and supply polypropylene to Hyundai Motor, LG Electronics, and Haier in China.GS Caltex is focused on becoming a global manufacturer of compounded resin. Upon the completion of the Czech plant in 2011, GS Caltex became the first Korean company to advance into the compounded resin business in Europe region. GS Caltex also completed construction of compounded resin plant with the capacity of 40,000 tons per annum in Jinju in 2013, further enhancing the presence of key player in the market. We are planning to add additional facilities in phases, with an ultimate target capacity of 100,000 tons per annum. We will also contribute to the local growth by operation the plant in a stable level. In addition, GS Caltex established an overseas office in Mexico in 2016 as a frontier of Korean PP compounding business. Our plan is to construct and expand the PP compounding plant in Mexico to 50,000 tons per annum by 2020 to become a leading player in the global market.