GS Caltex is planning to set up a new olefins unit in Yeosu in South Korea. The project will involve construction of the company's first mixed feed cracker, which will have the capacity to produce 700,000 t/y of ethylene and 500,000 t/y of polyethylene. Construction is expected to start this year with operations anticipated to begin in 2022.
According to GS company. Itself has a 790,000-b/d refinery at Yeosu, as well as an aromatics facility producing over 1.35-million t/y of paraxylene, 900,000 t/y of benzene and other aromatics products. It also produces 180,000 t/y of polypropylene.
