LG Chem’s Daesan Chemical Complex located in Seosan, Chungcheongnam-do
The facility will produce HVO and SAF using Ecofining™ technology, developed by Eni and Honeywell UOP, which hydrogenates sustainable feedstocks like used cooking oil and waste residues. These biofuels, driven by growing renewable fuel demand, significantly reduce greenhouse gas emissions compared to conventional fossil fuels across their value chain, supporting global sustainability goals.
Shin Hak-cheol, CEO of LG Chem, stated: “LG Chem is transforming its portfolio to build a low-carbon foundation that ensures both a progressively more sustainable growth and profitability. By advancing innovation in renewable fuels and bio-based feedstocks like HVO, we aim to strengthen our global competitiveness and meet our customers’ evolving needs efficiently.”
Stefano Ballista, Enilive’s Chief Executive Officer, remarked: “The Seosan biorefinery breaking ground reaffirms Enilive’s strategy in offering increasingly sustainable products and our company’s position as a leader in biofuels production. Together with the plants that are already operational in Italy and in the United States of America, and with new biorefining plants under construction in Italy and Malaysia, the upcoming biorefining plant in Daesan will contribute to reach our 2030 target to increase our biorefining capacity to over 5 million tons per year, with the potential to produce more than 2 million tons per year of SAF.”
The Daesan facility enhances LG Chem’s leadership in sustainable innovation, integrating HVO into its supply chain to produce ISCC PLUS-certified bio-circular balanced products, such as Acrylonitrile Butadiene Styrene for electronics and automotive applications, Ethylene-Vinyl Acetate for sporting goods, and Super Absorbent Polymers for hygiene products. This initiative supports the global shift toward renewable energy, reducing carbon emissions and advancing a net-zero future.
