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GS Caltex energy plus journey
Crude oil storage tank construction site (1967)Beginning of rail transport (1968)Completion ceremony of the Yeosu Refinery (1969)The first import of crude oil (1969)Commercial operations of the No.1 Crude Distillation Unit (1969)First publication of the Honam Oil Refinery Magazine (1969)Workers of the Yeosu Refinery (1973)Completion of the company's first highway gas station (1973)Commissioning of the No.2 Crude Distillation Unit revamp (1978)Opening of the Yeosu Terminal (1978)Achieved 3 million injury-free man-hours (1979)Groundbreaking ceremony of the No.3 Crude Distillation Unit (1979)Establishment of the R&D Center (1986)Panoramic view of the Yeosu Refinery (1969)Our journey began in the 1960s, when more energy was required for economic growth.Selection of Honam Oil Refinery as Korea's second refineryAmbition to fuel Korea’s developmentNation’s first private oil company founded in 1967Partnership for over half a centuryJoint venture with Chevron, a major US energy corporationGlobal competitiveness in scale and qualityFourth largest oil refinery in the worldBased on a single plantExecution capability to build a perfect complexKorea’s largest oil upgrading facilityHow petrochemicals change our daily livesCompetitiveness in the aromatics and polymer businessesTechnology boosting dynamicsKixx, a global leading brand for lubricantsNetwork built together with partners2,400 gas and filling stations nationwideFrom an oil-importing country to an exporter of petroleum productsExporting to over 50 countries around the worldBusiness expansion via global network"UAE / VIETNAM / MEXICO / CHINA / JAPAN /RUSSIA / SINGAPORE"The 53rd founding anniversary message (2020.5)"GS Caltex has continued to grow by boldly embracing challenges and overcoming countless difficulties.For example, when the Second Oil Crisis threatened refinery operations, we became the first Korean company in the industry to begin toll processing by using idle refining facilities.Exports of semi-finished goods allowed us to prevail during hard times.If we take preemptive measures, I believe we can turn the current crisis into another opportunity for progress."Building a balanced portfolio between the petroleum and non-petroleum businessesReaching beyond our existing core competenciesTo the solid growth engine of the futureLaunch of the olefins business with the MFC projectRedefining gas stationsenergy plus hubEvolution of the mobility charging infrastructureenergy hubEndeavors to establish shared mobility hubCar sharing businessMicro mobility Pick-up service at gas stations Endeavors to build a logistics hub Drone deliveryResponsibility to consider the future of humankindBuilding a sustainable, circular economyEnergy efficiency to reduce the carbon footprintReplacement to lower carbon fuel for the Yeosu RefineryCreating new value by upcyclingProduction of compounded resin by recycling waste plasticResource circulation and carbon reductionChemical recycling of waste plastic Developing new lower carbon businessesBuliding a hydrogen industry value chain Mass production through bio-based processesWhite Biotechnology BusinessHuman-centered, lower carbon materialsDevelopment of a lower carbon polymer (thermoplastic elastomer (TPE) with high stiffness)Led by flexible and creative thinkingTransformation in the way we work using digital technologyBuilding a digital twin system of the Yeosu Refinery Digitalization of production processes Customer first mindsetCustomer-centered managementFlexible and agile corporate culture that produces resultsWe-dership, leadership practiced by allEndless attempts without fear of failureBringing arts & culture into our communitiesGS Caltex Yeosu Culture & Arts Park YeulmaruIsland of art, JangdoHope for future generationsMaeum Talk Talk, art therapy program for childrenPeople are at the center of everythingGS Caltex Learning & Development Center"Since 1967, our efforts have built upto become today’s energy.""Our endeavors going forwardwill become tomorrow’s energy.""And when our PLUS adds up,it will become the world's energy."Energy, opening up the possibilities
GS Caltex in Numbers