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

Chevron Corporation

Chevron Corporation is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries. It is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production; refining,...

 and GS Group

GS Group

GS Group is a Korean conglomerate. GS comprises GS Holdings and subsidiaries & affiliates including GS Caltex, GS Retail, GS Shop, GS EPS, GS Global, GS Sports and GS E&C among others. The asset size is at 31.1 trillion KRW as the end of 2007 placing GS at the 6th largest in Korea excluding the...

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GS Caltex

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

Production Base

1. Refining Facilities : GS Caltex has crude oil refining facilities with a capacity of 760000 oilbbl/d.
2. Kero-Diesel Hydrodesulfurization Facilities : GS Caltex desulfurizes 272000 barrels (43,244.5 m³) of kerosene and diesel each day.

Business Domain

1. Petroleum : GS Caltex has a daily production capacity of 760,000 BPSD and more than 50% of total output is exported.
2. 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.
3. Base Oil & Lubricants : In November 2007, GS Caltex began base oil production with a capacity of 16,000 BPSD. As of 2010, its production capacity reached 23,000 BPSD; GS Caltex plans to expand its base oil production capacity to 26,000 BPSD through revamping of its Lube Oil Plant by 2011. 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.
4. Electric & District Heating : GS Caltex supplies electric power and district heating / cooling from LNG combined-cycle power plants through its subsidiary company, GS Power Co., Ltd. and affiliated company, GS EPS Co., Ltd.
5. Exploration & Production : GS Caltex engages in overseas E&P (exploration & production) projects.