Three Refiners to Create World’s Largest P-Xylene Unit in Korea

joint effort: (l.-r.) Shigeya Kato, chairman/representative director at Showa Shell Sekiyu; Dong-Soo Hur, chairman and CEO of GS Caltex; and Yutaka Oka, president of Taiyo Oil with the agreement. A three-way agreement was signed in Seoul earlier this month for an expansion of para -xylene capacity at the Yeosu, Korea refining complex of GS Caltex (Seoul). The agreement was signed by Showa Shell Sekiyu (Tokyo), which operates Shell’s oil products business in Japan; Taiyo Oil (Tokyo); and GS Caltex, a joint venture of GS Holdings (Seoul) and Chevron. P...

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