{"id":24496,"date":"2025-04-03T18:24:00","date_gmt":"2025-04-03T16:24:00","guid":{"rendered":"https:\/\/www.korea-certification.com\/?p=24496"},"modified":"2025-04-03T18:25:11","modified_gmt":"2025-04-03T16:25:11","slug":"joint-saf-plant-construction-to-strengthen-koreas-petrochemical-capabilities","status":"publish","type":"post","link":"https:\/\/www.korea-certification.com\/en\/joint-saf-plant-construction-to-strengthen-koreas-petrochemical-capabilities\/","title":{"rendered":"Joint SAF Plant Construction to Strengthen Korea\u2019s Petrochemical Capabilities"},"content":{"rendered":"\n

South Korea\u2019s four leading oil refining companies\u2014SK Innovation Co., GS Caltex Corp., S-Oil Corp., and HD Hyundai Oilbank Co.\u2014are planning to jointly construct a sustainable aviation fuel (SAF) plant at one of the country\u2019s four major petrochemical industrial complexes. The project will be carried out and operated by a newly established special purpose company. According to industry sources, the proposed locations include Ulsan (South Gyeongsang Province), Yeosu (South Jeolla Province), and Seosan and Daesan (both in South Chungcheong Province). The South Korean government is currently reviewing the possibility of providing subsidies and tax incentives to support the initiative. Pressure vessels and pressure equipment used in petrochemical complexes usually require KGS certification<\/strong><\/a> in order to be approved for import and sale in Korea.<\/p>\n\n\n\n

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The planned SAF facility is expected to cost over 1 trillion won (approximately USD 700 million) based on a processing capacity of 250,000 tons. While current SAF yields among the participating refiners remain below 10%, the new facility is projected to convert 60\u201380% of bio-based feedstock into sustainable aviation fuel. With the exception of SK Innovation\u2014which in 2023 completed the country\u2019s first dedicated SAF production line and became the first Korean company to export SAF to Europe\u2014this will be the first such facility for the other refiners. The investment comes in response to growing international regulations, including the EU\u2019s requirement for 2% SAF by 2025 and 70% by 2050. South Korea plans to mandate a 1% SAF blend starting in 2027.<\/p>\n\n\n\n

Feel free to contact us any time if you need assistance or have any questions regarding Korean certifications like KC<\/strong><\/a>, KC EMC<\/strong><\/a>, KCs<\/strong><\/a>, KCs for explosion safety products<\/strong><\/a> or KGS factory registration<\/strong><\/a>.<\/p>\n\n\n\n

Tel. Europe: +49-69-271 37 69 259
<\/strong>Tel. US: +1 773 654-2673<\/strong><\/strong><\/p>\n\n\n\n

Email: info@korea-certification.com<\/strong><\/a><\/strong><\/p>\n\n\n\n

For more information you can download our free brochure “Korea Certification Made Easy – The Booklet<\/strong><\/a>“.<\/p>\n","protected":false},"excerpt":{"rendered":"

South Korea\u2019s four leading oil refining companies\u2014SK Innovation Co., GS Caltex Corp., S-Oil Corp., and HD Hyundai Oilbank Co.\u2014are planning to jointly construct a sustainable aviation fuel (SAF) plant at one of the country\u2019s four major petrochemical industrial complexes. The project will be carried out and operated by a newly established special purpose company. According […]<\/p>\n","protected":false},"author":4,"featured_media":24230,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[110],"tags":[],"class_list":["post-24496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-news"],"acf":[],"yoast_head":"\nJoint SAF Plant Construction to Strengthen Korea\u2019s Petrochemical Capabilities<\/title>\n<meta name=\"description\" content=\"South Korea\u2019s four leading oil refining companies are planning construction of sustainable aviation fuel (SAF) plant.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.korea-certification.com\/en\/joint-saf-plant-construction-to-strengthen-koreas-petrochemical-capabilities\/\" \/>\n<meta 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