# GS Caltex to invest 2.7 trillion won in Yeosu olefin plant

GS Caltex plans to invest over 2.7 trillion won in an olefin production facility on about 430,000 square metres near its Yeosu No. 2 plant, with construction starting within 2019 and commercial operation targeted for 2021.

- Type: New facility
- Announced: 2019-03-25
- Where: Yeosu, South Jeolla, South Korea
- Value: $2.39B (2700.0B KRW)
- Starts operating: 2021
- Status: announced
- Capacity: 700,000 t/yr ethylene and 500,000 t/yr polyethylene
- Products: ethylene, polyethylene
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

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

## Sources

- [seoul.co.kr](https://www.seoul.co.kr/news/economy/industry/2019/03/26/20190326018003), 2019-03-25: "2021년 상업가동을 목표로 연간 에틸렌 70만t, 폴리에틸렌 50만t을 생산할 수 있는 올레핀 생산시설"

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