By OGJ editors
HOUSTON, Jan. 5 -- GS Caltex, Seoul, plans to add upgrading capacity at its 760,000 b/cd refining complex at Yeosu, South Korea.
It will spend $978.6 million to add 53,000 b/d of vacuum gas oil fluid catalytic cracking capacity and 24,000 b/d of gasoline hydrodesulfurization capacity. It also will add alkylation capacity of unspecified size.
The upgrade will boost production of propylene by 250,000 tonnes/year at the complex to 450,000 tonnes/year.
The complex currently has 61,000 b/d of resid FCC capacity and 181,000 b/d of resid hydrocracking capacity in three units.
GS Caltex is a 50-50 partnership of Chevron Corp. and GS Holdings, Seoul.