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{{Infobox company
{{Infobox company
| name = GS Caltex<br />{{nobold|{{lang|ko|GS칼텍스}}}}
| name = GS Caltex<br />{{nobold|{{lang|ko|GS칼텍스}}}}
| logo =
| logo =
| caption =
| caption =
| vector_logo =
| vector_logo =
| type = [[Private company|Private]]. [[Joint venture]]
| type = [[Private company|Private]]. [[Joint venture]]
| traded_as =
| traded_as =
| genre =
| genre =
| founded = {{Start date and age|1967}}
| founded = {{Start date and age|1967}}
| founder =
| founder =
| location = [[Seoul]], [[South Korea]]
| location = [[Seoul]], [[South Korea]]
| key_people =
| key_people =
| area_served = Worldwide
| area_served = Worldwide
| industry = [[Oil refiner]]
| industry = [[Oil refining]], [[chemical manufacturing]]
| products = [[Petroleum product]]s
| products = [[Petroleum products]]<br />[[Aromatics]]<br />[[Olefin]]<br />[[Polymer]]<br />[[Lubricants]]<br />[[Base Oil]]
| revenue = {{increase}}US$50.26 billion (2014)
| revenue = KRW 58,532 billion(2022)
| net_income =
| net_income =
| assets =
| assets =
| owner = [[GS Group|GS Energy]] (50.0%)<br /> [[Chevron Corporation]] (50.0%)
| owner = [[GS Group|GS Energy]] (50.0%)<br /> [[Chevron Corporation]] (50.0%)
| num_employees =
| num_employees =
| parent =
| parent =
| subsid =
| subsid =
| homepage = {{URL|http://www.gscaltex.com/}}
| homepage = {{URL|http://www.gscaltex.com/}}
| footnotes =
| footnotes =
}}
}}


'''GS Caltex Corporation''' ({{Korean |hangul=지에스칼텍스 주식회사}}) is a South Korean oil refiner jointly owned by [[Chevron Corporation|Chevron]] and [[GS Group]]. The company was founded in May 1967 as the first private oil company in Korea.<ref>{{cite news |author=<!--not stated--> |date=October 23, 2012 |title=Lee pays respect to late LG tycoon= |url=https://en.yna.co.kr/view/AEN20121023004200315 |work=[[Yonhap News Agency|Yonhap]] |location=[[Seoul]] |access-date=}}</ref><ref>{{cite news |last=Shim |first= Woo-hyun |date=May 18, 2017 |title=GS Caltex celebrates its 50th anniversary |url=https://www.koreaherald.com/view.php?ud=20170518000676 |work=[[The Korea Herald]] |location= |access-date=}}</ref> The company changed its name from LG-Caltex Oil Corporation to GS Caltex Corporation in 2005 as part of the GS Group split from [[LG Corporation]].<ref>{{cite news |last=Kim |first=Ji-soo |date=January 7, 2005 |title=Ex-LG units to get new names |url=https://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2514579&ref=mobile |work=[[Korea JoongAng Daily]] |location= |access-date=}}</ref>
'''GS Caltex Corporation''' ({{Korean |hangul=지에스칼텍스 주식회사}}) is a South Korean Energy and Chemical company jointly owned by [[Chevron Corporation|Chevron]] and [[GS Group]]. The company was founded in May 1967 as the first private oil company in Korea.<ref>{{cite news |author=<!--not stated--> |date=October 23, 2012 |title=Lee pays respect to late LG tycoon= |url=https://en.yna.co.kr/view/AEN20121023004200315 |work=[[Yonhap News Agency|Yonhap]] |location=[[Seoul]] |access-date=}}</ref><ref>{{cite news |last=Shim |first= Woo-hyun |date=May 18, 2017 |title=GS Caltex celebrates its 50th anniversary |url=https://www.koreaherald.com/view.php?ud=20170518000676 |work=[[The Korea Herald]] |location= |access-date=}}</ref> The company changed its name from LG-Caltex Oil Corporation to GS Caltex Corporation in 2005 as part of the GS Group split from [[LG Corporation]].<ref>{{cite news |last=Kim |first=Ji-soo |date=January 7, 2005 |title=Ex-LG units to get new names |url=https://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2514579&ref=mobile |work=[[Korea JoongAng Daily]] |location= |access-date=}}</ref> GS Caltex exports petroleum, petrochemical, and lubricant products to 57 countries (as of 2022).{{fact|date=July 2023}}


==Production Base==
==Production base==
* Refining Facilities : GS Caltex has crude oil refining facilities with a capacity of {{convert|775000|oilbbl/d|m3/d}}.
* Kero-Diesel Hydrodesulfurization Facilities : GS Caltex desulfurizes {{convert|272000|oilbbl|m3}} of kerosene and diesel each day.


* '''Yeosu Complex'''
⚫
==Business Domain==
** Total Area : 6,000,000 m<sup>2</sup>
⚫
* Petroleum : GS Caltex has a daily production capacity of {{convert|775,000|oilbbl|m3}} per stream day and more than 50% of total output is exported.
** Products : Petroleum, petrochemicals
* 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.
** Address : 918 Yeosusandan-ro, Yeosu, Jeollanam-co
⚫
* Base Oil & Lubricants : In November 2007, GS Caltex began base oil production with a capacity of {{convert|16,000|oilbbl|m3}} per stream day. As of 2011, its production capacity reached {{convert|26,000|oilbbl|m3}} per stream day; GS Caltex exports more than 70% of its total base oil production. GS Caltex produces {{convert|9,000|oilbbl|m3}} of lubricants per day and 8,000 million [[tonne]] per year of grease products.

* '''Lubricant Plant'''
** Total Area : 68,100 m<sup>2</sup>
** Products : Lubricant, Grease
** Address : Jungbong-daero, Seo-gu, Incheon

⚫
==Business domain==
⚫
* Petroleum: GS Caltex has a daily production capacity of {{convert|800,000|oilbbl|m3}} per stream day. The company operate Korea's largest heavy oil upgrading (HOU) facility (274,000 barrels per day), which produces light oil and premium gasoline.
* Petrochemicals: GS Caltex constructed a polypropylene plant in 1988. That was followed by expansion into the aromatics business in 1990. Currently, GS Caltex has an annual production capacity of 2.8 million tons of aromatics and 180,000 tons of polypropylene. Constructing an Olefins plant (MFC - mixed feed cracker) on the 430,000 m<sup>2</sup> site near the Yeosu No.2 Complex. The plant has an annual production capacity of 750,000 tons of ethylene and 500,000 tons of polyethylene.
⚫
* Base Oil & Lubricants: In November 2007, GS Caltex began base oil production with a capacity of {{convert|16,000|oilbbl|m3}} per stream day. As of 2011, its production capacity reached {{convert|26,000|oilbbl|m3}} per stream day; GS Caltex exports more than 70% of its total base oil production. GS Caltex produces {{convert|9,000|oilbbl|m3}} of lubricants per day and 8,000 million [[tonne]] per year of grease products. In 2005, GS Caltex launched its own lubricant brand, “Kixx”. Initially focused on providing engine oil tailored for passenger cars, commercial vehicles, and motorcycles, Kixx expanded its portfolio in 2017 to encompass a broader range of automotive and industrial lubricant solutions.


==See also==
==See also==
⚫
* [[Caltex]]
* [[GS Caltex Seoul KIXX]]
* [[GS Caltex Seoul KIXX]]
⚫
* [[Caltex]]


==References==
==References==
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==External links==
==External links==
* {{Official website|http://www.gscaltex.co.kr}}
* {{Official website|http://www.gscaltex.co.kr}}
* [https://www.kixxoil.com/en/ GS Caltex’s lubricant brand – Kixx official website]
* [https://news.kixxoil.com/ GS Caltex’s lubricant brand – Kixx official newsroom]


{{GS Group}}
{{GS Group}}

Latest revision as of 17:19, 24 July 2024

For the volleyball team, see GS Caltex Seoul KIXX.
GS Caltex
GS칼텍스
Company typePrivate. Joint venture
IndustryOil refining, chemical manufacturing
Founded1967; 57 years ago (1967)
HeadquartersSeoul, South Korea
Area served
Worldwide
ProductsPetroleum products
Aromatics
Olefin
Polymer
Lubricants
Base Oil
RevenueKRW 58,532 billion(2022)
OwnerGS Energy (50.0%)
Chevron Corporation (50.0%)
Websitewww.gscaltex.com

GS Caltex Corporation (Korean: 지에스칼텍스 주식회사) is a South Korean Energy and Chemical company jointly owned by Chevron and GS Group. The company was founded in May 1967 as the first private oil company in Korea.[1][2] The company changed its name from LG-Caltex Oil Corporation to GS Caltex Corporation in 2005 as part of the GS Group split from LG Corporation.[3] GS Caltex exports petroleum, petrochemical, and lubricant products to 57 countries (as of 2022).[citation needed]

Production base

[edit]
  • Yeosu Complex
    • Total Area : 6,000,000 m2
    • Products : Petroleum, petrochemicals
    • Address : 918 Yeosusandan-ro, Yeosu, Jeollanam-co
  • Lubricant Plant
    • Total Area : 68,100 m2
    • Products : Lubricant, Grease
    • Address : Jungbong-daero, Seo-gu, Incheon

Business domain

[edit]
  • Petroleum: GS Caltex has a daily production capacity of 800,000 barrels (130,000 m3) per stream day. The company operate Korea's largest heavy oil upgrading (HOU) facility (274,000 barrels per day), which produces light oil and premium gasoline.
  • Petrochemicals: GS Caltex constructed a polypropylene plant in 1988. That was followed by expansion into the aromatics business in 1990. Currently, GS Caltex has an annual production capacity of 2.8 million tons of aromatics and 180,000 tons of polypropylene. Constructing an Olefins plant (MFC - mixed feed cracker) on the 430,000 m2 site near the Yeosu No.2 Complex. The plant has an annual production capacity of 750,000 tons of ethylene and 500,000 tons of polyethylene.
  • Base Oil & Lubricants: In November 2007, GS Caltex began base oil production with a capacity of 16,000 barrels (2,500 m3) per stream day. As of 2011, its production capacity reached 26,000 barrels (4,100 m3) per stream day; GS Caltex exports more than 70% of its total base oil production. GS Caltex produces 9,000 barrels (1,400 m3) of lubricants per day and 8,000 million tonne per year of grease products. In 2005, GS Caltex launched its own lubricant brand, “Kixx”. Initially focused on providing engine oil tailored for passenger cars, commercial vehicles, and motorcycles, Kixx expanded its portfolio in 2017 to encompass a broader range of automotive and industrial lubricant solutions.

See also

[edit]

References

[edit]
  1. ^ "Lee pays respect to late LG tycoon=". Yonhap. Seoul. October 23, 2012.
  2. ^ Shim, Woo-hyun (May 18, 2017). "GS Caltex celebrates its 50th anniversary". The Korea Herald.
  3. ^ Kim, Ji-soo (January 7, 2005). "Ex-LG units to get new names". Korea JoongAng Daily.
[edit]
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