SEOUL, Sept. 19 (Korea Bizwire) — GS Caltex Corp., South Korea’s second-biggest refiner by sales, said Thursday it has exported sustainable aviation fuel (SAF) to a Japanese trading company. Last week, GS Caltex supplied 5,000 kiloliters of SAF to Itochu Corp., which has delivered the environment-friendly fuel to Narita International Airport, the company said in [...]
SEOUL, Jun. 13 (Korea Bizwire) — GS Caltex Corp., South Korea’s second-biggest refiner by sales, said Thursday it has signed an initial pact to supply a cosmetics ingredient to a Japanese company in its business diversification strategy. GS Caltex has signed a memorandum of understanding (MOU) with Summit Cosmetics Corp. to provide 2,3-Butanediol under the [...]
SEOUL, Oct. 13 (Korea Bizwire) — LG Chem Ltd. and GS Caltex Corp. plan to produce a prototype of a material for biodegradable plastics next year, as they step up cooperation for the development of the eco-friendly raw material, the companies said Friday. LG Chem and GS Caltex signed an agreement in 2021 to develop [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korean oil refiner GS Caltex Corp. said Friday it has begun the pilot operation of a container ship that runs on its bio marine fuel in collaboration with the shipping company HMM Co. The 6,400 twenty-foot equivalent unit vessel, powered by GS Caltex’s B30 bio marine fuel, will [...]
SEOUL, Sept. 5 (Korea Bizwire) — GS Caltex Corp., South Korea’s second-biggest refiner by sales, said Tuesday it has supplied Finnish refiner Neste’s renewable aviation fuel to Korean Air Co.’s cargo plane bound for Los Angeles. It is the first time for a Korean refiner to bring sustainable aviation fuel (SAF) from overseas for the [...]
SEOUL, June 29 (Korea Bizwire) — GS Caltex Corp. and Korean Air Co. joined hands to carry out test flights using bio jet fuel, the companies said Thursday, in the latest step in the green energy transition toward a reduced carbon footprint. The two companies signed the memorandum of understanding, under which the oil refiner [...]
SEOUL, Dec. 30 (Korea Bizwire) — GS Caltex Corp., a major South Korean refiner, said Thursday it will make and donate “braille first-aid kits” for visually impaired people during the year-end season. The braille first-aid kit is made by inserting various medical items such as ointment, disinfectant and antipyretic analgesic into a flat first-aid kit [...]
SEOUL, Nov. 11 (Korea Bizwire) – GS Caltex Corp., a major South Korean refiner, said Friday it has completed the construction of a new olefin cracking facility on the country’s southwest coast, as it seeks to expand the petrochemical business. The new mixed feed cracker (MFC), built in Yeosu, about 320 kilometers south of Seoul, [...]
SEOUL, Aug. 5 (Korea Bizwire) — Major oil refiner GS Caltex Corp. has teamed up with the Korean unit of Swiss food giant Nestle to establish a circular economy, aimed at promoting resource efficiency and carbon reduction. GS Caltex and Lotte-Nestle Korea Ltd. on Thursday formed a business agreement to promote the recycling of waste [...]
SEOUL, May 4 (Korea Bizwire) — Major Korean refiner GS Caltex Corp. has joined hands with POSCO International Corp., the trading arm of steel giant POSCO, to strengthen its eco-friendly bio business. The two parties recently signed a memorandum of understanding to create a value chain from raw material refining to biochemical product production by [...]