Presentation on theme: "Subsidiaries & Affiliates"— Presentation transcript:
0GS Caltex Corporation August 2012 R&D Center GS Caltex Corporation KOREA
1Subsidiaries & Affiliates GS Caltex OverviewThe first private oil company in Korea as a JV between GS Holdings & Chevron in 1967Chairman & CEO : Dong-Soo Hur, Ph.D.Sales revenue(2011) : USD 42 billion / Operating Profit(2011) : USD 1.8 billionImplemented energy business diversification and vertical integration50%50%ChevronCaltexLubricantsPetrochemicalsRefining & MarketingUpstreamSubsidiaries & AffiliatesMore than 10 companiesfor Power Supply, City gas, & New & Renewable Business,etc.
2Petroleum & Petrochemicals Introduction of R&D CenterVision : Leading the future with global outstanding technologyR&D pursuits at GS Caltex cover future-oriented new businesses such as new energy sources, high-efficiency energy devices and advanced materials as well as the traditional fields of oil refining and petrochemicalsBoasting state-of-the-art equipment and high-caliber R&D staff, the R&D Center explores new businesses through ongoing research to drive the future growth of GS CaltexBiochemical materialsCarbon fiberThin-film BatteryElectrode material for rechargeable batteriesCarbon material for EDLCHydrogen/fuel cellWaste-to-energyCharging infrastructure for electric vehiclesSolar CellBiofuelPetroleum productLubricant productPetrochemical product, etc.GreenSolutionPetroleum & PetrochemicalsAdvancedMaterialEnergyDeviceSource
3Bio Business and Projects Bio Business of GS CaltexCommercial production of biodiesel and investigation of a new bio-project by various R&D activitiesBio Business and ProjectsBiofuel for DieselMandatory use of biodiesel from in South KoreaGS Bio, our subsidiary company currently producing biodiesel (Capa. : 100,000 ton/yr) at Yeosu refinery complex in South KoreaBiofuel for GasolineBiobutanol process development in accordance with future governmental policyEnergyChemicalsBiopolymersDevelopment of renewable or biodegradable polymers using bio-based intermediates production (Nylon 4, PTT, etc)Value added chemicals2,3-Butanediol production from biomass and development of its derivatives (e.g. butadiene)Finding new application of crude glycerin, a by-product from biodiesel production
4Bio Strategy and Activities Support and Supplement for existing oil and petrochemical industry with bio-based energy and productsTransformation of low-value by-products(or wastes) into high value added productsPre-emptive response to government policyOpen InnovationStrategy for strong buildup of technical value chain and timely, effective developmentGlobal network utilization including university, research institute, company, etcCollaboration with feedstock suppliers, plant owners for renovation needs, and people who are interested in commercial co-production and joint marketingMain ActivitiesCore technologies development such as strain, fermentation, separation, and pretreatmentIntegrated process optimization of core technologiesProcess design and engineering for commercial scale up
5What is Biobutanol?Biobutanol is a valuable product as chemical and fuelSubstitute for petroleum based butanolAn advanced biofuel that has many benefits over ethanolAs transport fuelHigh Energy DensityLow Water SolubilityLow CorrosiveLow Vapor PressureIssue of biobutanol commercializationLow final butanol concentration ( < 20 g/L)Low butanol productivity ( < 0.5 g/L/hr) due to low cell densityLow yield of butanol due to hetero-fermentation (0.28~0.33 g/g)High cost of butanol recovery from low-concentration yieldsBiobutanolGS Caltex develops proprietary bacteria and process for biobutanol production!!
6Biobutanol Development-Microbe Strain DevelopmentKey success factor to increase production performance such as yield, titer, productivity, and selectivityEliminating co-production pathway of acetone and ethanol (approx. 40% of final products)Various types of genetically modified strains with breakthrough performance securedReady for the commercial production of biobutanolXGlucoseAcetateAcetoneButyrateEthanolButanolFunctional pathwayCofactor balancedCo-products eliminatedHigh yieldHigh rateHigh titerLow byproductsGS Caltex’s biocatalysts are microorganisms that have been designed to metabolize various sugars to produce biobutanol
7Biobutanol Development-Process Process DevelopmentContinuous fermentation process using in-situ butanol recovery with high yield and productivityOur technologies are at a world-leading level : high performance microbe, high productive bioreactor and separation process with low energy consumptionFor energy saving, dehydration process is ideally combined with membrane and distillationIntegrated process and optimization could be developed by simulation techniques and engineering know-howBasic design for commercial biobutanol plant is almost completedPatentMore than a dozen of patents and patent applications for the innovative biobutanol processProcess EngineeringFermentationSeparation System
8Biobutanol Pilot Plant Our Pilot PlantCapacity : 30,000 L/yr or aboveFully integrated system : fermentation, butanol recovery, water separation and products purification equipmentsLocation : R&D Center of GS Caltex, Daejeon-city, South KoreaFunded from a Korea government
9Lignocellulosic materials Lignocellulosic Biomass UtilizationDevelopment progress for utilizing 2nd generation biomassOvercome the ethical concerns of food (1st generation biomass) as fuelReducing the production cost of biofuel and biochemical in the near futureConducting a research on applications of various types of biomass to produce biomaterials and co-working with SUDOKWON Landfill Site (capital region of Korea) Management Corp (waste wood)Pretreatment issues for cellulosic biomassConsidering a variety of pretreatment technologies such as acid, base, and enzymeReviewing process for low operating costs and capital expenses, as well as high yield of hydrolysisPretreatmentDilute acid, Base, Enzyme, etcLignocellulosic materialsSolid sugaror Sugar syrupConstruction waste wood sorting facilities(SLC, Korea)
102,3-Butanediol Development What is 2,3-Butanediol?One of the constitutional isomers of butanediol, catalyzing to Butadiene and MEK (methyl ethyl ketone)Produced by microbial fermentation from various biomass, including molasses, starch, lignocellulosic materials, and crude glycerolOur status for 2,3-ButanediolNew robust genetically engineered strains, producing 2,3-Butanediol as similar levels of ethanol with respect to titer, yield and productivityA novel and effective 2,3-Butanediol recovery process using solvent extractionA novel dehydrating process from 2,3-Butanediol to Butadiene and MEK using self-developed catalystCatalytic process2,3-ButanediolFermentationBiomassMEK1,3-Butadiene2-Butene