South Korea’s GS Caltex to start up new FCC unit in mid-March '13

29 January 2013 02:13  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s second largest refiner GS Caltex plans to start up its vacuum gas oil (VGO) fluid catalytic cracking (FCC) unit in Yeosu around 16 March, a source close to the company said on Tuesday.

The new FCC unit, which can produce around 250,000 tonnes/year of propylene, was mechanically completed ahead of schedule in January, the source added.

The bulk of the unit’s propylene output will be exported either on a contractual or spot basis, the source said.

GS Caltex also operates a residual FCC, which can produce around 220,000 tonnes/year of propylene, at the same site.

The bulk of its propylene supply is fed to a derivative 180,000 tonne/year polypropylene (PP) plant.

By: Peh Soo Hwee
+65 6780 4359

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