GS Caltex teams with POSCO to develop Indonesian biodiesel plant and possibly SAF

In South Korea, GS Caltex signed a business agreement for joint development and cooperation in the eco-friendly bio business with POSCO International. Through this MOU, GS Caltex decided to expand the bio business by establishing a value chain from raw material refining to biochemical product production by utilizing GS Caltex’s biofuel production technology and POSCO International’s bio-raw material refining infrastructure. did.

The two companies plan to build a raw material refining facility and biodiesel plant that has received international eco-friendly certification in Indonesia, and jointly work for the next-generation bio-fuel business such as bio jet fuel based on renewable raw materials.