# GS Caltex to build 2.6 trillion won olefins plant in Yeosu, South Korea

GS Caltex signed an investment agreement with South Jeolla Province and Yeosu City to build a 2.6 trillion won olefins production facility on a 462,000 square meter site near its second plant in Yeosu, with completion targeted by 2021.

- Type: Investment
- Announced: 2018-08-09
- Where: Yeosu, South Jeolla Province, South Korea
- Value: $2.30B (2600.0B KRW)
- Starts operating: 2021
- Status: announced
- Products: olefins, synthetic resins, synthetic rubber, synthetic fibers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [GS Caltex](https://endata.com/companies/5588.md)

## Sources

- [mpmbc.co.kr](https://www.mpmbc.co.kr/NewsArticle/250064), 2018-08-09: "GS칼텍스가 여수에 추가로 2조 6천억 원 규모의 올레핀 생산시설을 건립합니다."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.