GS Caltex, a Korean oil refinery firm, has begun testing its new eco-friendly marine biofuel with a container ship filled with the fuel departing from Busan on Friday.
Leading the Korean lubricants market and backed by 50 years of extensive research and innovation, Kixx is recognized for its superior products made with premium base oils produced through GS Caltexs cutting-edge development methods.
GS Caltex is following in the footsteps of its rival, Hyundai Oilbank, by announcing a plan to pay hefty bonuses to its employees, as a result of its solid earnings last year, according to industry officials, Wednesday.