Private company
GS Caltex
Logo: GS Caltex, Public domain, via Wikimedia Commons3
South Korean company
GS Caltex Corporation (Korean: 지에스칼텍스 주식회사) is a South Korean energy and chemical company jointly owned in equal shares by Chevron and GS Energy, part of the GS Group. The company was founded in partnership with Caltex in May 1967 as the first private oil company in Korea. It was renamed LG-Caltex Oil Corporation in 1996, and changed its name to GS Caltex Corporation in 2005 as part of the GS Group split from LG Corporation.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- Industrypetroleum industry1
- HeadquartersSeoul1
- Websitewww.gscaltex.com
- Legal formjusik hoesa1
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GS Caltex Corporation (Korean: 지에스칼텍스 주식회사) is a South Korean energy and chemical company jointly owned in equal shares by Chevron and GS Energy, part of the GS Group. The company was founded in partnership with Caltex in May 1967 as the first private oil company in Korea. It was renamed LG-Caltex Oil Corporation in 1996, and changed its name to GS Caltex Corporation in 2005 as part of the GS Group split from LG Corporation.2
Corporate structure
GS Caltex is part of a group headed by GS Holdings. 5 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
- GS Holdings Seoul
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
Products and brands
- petroleum product
Listed on Wikidata.1
GS Caltex's refining and petrochemical plants are concentrated at the Yeosu Complex in Yeosu, South Jeolla Province, which covers about 6,000,000 m2. A separate 68,100 m2 plant in Seo-gu, Incheon, produces lubricants and grease.
Petroleum
GS Caltex has a daily production capacity of 800,000 barrels (130,000 m3) per stream day. The company operates Korea's largest heavy oil upgrading (HOU) facility (275,000 barrels (43,700 m3) per day), which cracks heavy residues such as bunker C oil into gasoline, diesel and kerosene. It imports 80 types of crude oil from around 30 countries including those in the Middle East, Southeast Asia, Europe in addition to the United States and Australia.
Petrochemicals
GS Caltex constructed a polypropylene plant in 1988. That was followed by expansion into the aromatics business in 1990. It has an annual production capacity of 3.0 million tons of aromatics and 180,000 tons of polypropylene. In November 2022 the company completed an olefins plant (MFC – mixed feed cracker) near the Yeosu No. 2 Complex, at a cost of 2.7 trillion won. The plant has an annual production capacity of 900,000 tons of ethylene and 500,000 tons of polyethylene.
Base oil and lubricants
In November 2007, GS Caltex began base oil production with a capacity of 16,000 barrels (2,500 m3) per stream day. It now produces 30,000 barrels (4,800 m3) of base oil and 9,000 barrels (1,400 m3) of lubricants per day, and exports more than 70% of its total base oil production. In 2005, GS Caltex launched its own lubricant brand, "Kixx", which covers automotive and industrial lubricants.
From Wikipedia’s article on GS Caltex, shared under CC BY-SA 4.0.4
Subsidiaries and ownership
Parent company
From Wikidata.1
Timeline
- May 19, 1967Founded Founded1
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Federal contracts $1.7B
Figures by year
| Year | Federal contracts | Total |
|---|---|---|
| 2026 | $144.5M | $144.5M |
| 2025 | $119.7M | $119.7M |
| 2024 | $191.5M | $191.5M |
| 2023 | $16.9M | $16.9M |
| 2022 | $58.1M | $58.1M |
| 2021 | $11.7M | $11.7M |
| 2020 | $17.9M | $17.9M |
| 2019 | $42.6M | $42.6M |
| 2018 | $90.9M | $90.9M |
| 2017 | $15.1M | $15.1M |
| 2016 | $65.4M | $65.4M |
| 2015 | $13.2M | $13.2M |
| 2014 | $148.8M | $148.8M |
| 2013 | $948.3K | $948.3K |
| 2012 | $103.1M | $103.1M |
| 2011 | $254.9M | $254.9M |
| 2010 | $15.2M | $15.2M |
| 2009 | $165.5M | $165.5M |
| 2008 | $221.0M | $221.0M |
Federal awards
Obligated amounts from USAspending.gov5, by calendar year, 2008–2026, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.
Largest contracts
- Dec 2, 2008$221.0M from Defense Logistics Agency: Turbine fuel, jp56 To GS CALTEX CORPORATION Award B001
- Dec 16, 2011$162.5M from Defense Logistics Agency: Turbine fuel, aviation (jp5/jp8)7 To GS CALTEX CORPORATION Award B001
- Dec 19, 2007$141.7M from Defense Logistics Agency: F768 To GS CALTEX CORPORATION Award B001
- Sep 1, 2009$114.7M from Defense Logistics Agency: 1.8v korea pp fuel delivery for various korea locations.9 To GS CALTEX CORPORATION Award B001
- Dec 5, 2012$103.0M from Defense Logistics Agency: Turbine fuel, aviation (jp5)10 To GS CALTEX CORPORATION Award B001
Links
- Websitewww.gscaltex.com1
- Facebookwww.facebook.com/gsoil.kixxegypt1
- WikipediaGS Caltex
- More imagesWikimedia Commons
- WikidataQ624012
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataGS Caltex on Wikidata
- 2WikipediaGS Caltex on Wikipedia
- 3Wikimedia CommonsGS Caltex logo by GS Caltex, Public domain
- 4
- 5USAspending.govUSAspending.gov recipient profile: GS CALTEX CORPORATION
- 6USAspending.govB001: Defense Logistics Agency
- 7USAspending.govB001: Defense Logistics Agency
- 8USAspending.govB001: Defense Logistics Agency
- 9USAspending.govB001: Defense Logistics Agency
- 10USAspending.govB001: Defense Logistics Agency