GS Caltex to invest $2.3 billion in olefins plant in Yeosu, South Korea

GS Caltex Corp. will invest 2.6 trillion won ($2.31 billion) by 2021 to build an olefins manufacturing plant at its Yeosu complex in South Korea. The plant will produce 700,000 tons of ethylene and 500,000 tons of polyethylene annually, creating about 500 permanent jobs.

“South Korea’s second-largest oil refiner GS Caltex Corp. will invest 2.6 trillion won ($2.31 billion) by 2021 to add an olefins plant at its manufacturing base in the southern coastal city of Yeosu”pulse.mk.co.kr

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• pulse.mk.co.krGS Caltex to add $2.3 bn olefins plant in Yeosu - 매일경제 영문뉴스 펄스(Pulse)Aug 10, 2018

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