LG Chem and Enilive Break Ground on South Korea’s First HVO and SAF Production Facility
LG Chem and Enilive have officially commenced construction of South Korea’s first facility dedicated to the production of Hydrotreated Vegetable Oil (HVO) and Sustainable Aviation Fuel (SAF). Located in the Daesan industrial complex in Seosan, South Chungcheong Province, the plant is being developed by LG-Eni BioRefining, a joint venture between the two companies, and is scheduled for completion in 2027.
Once operational, the facility will process approximately 400,000 tons of renewable biological feedstocks annually to produce low-carbon fuels such as HVO and SAF. The project represents a critical step in LG Chem’s strategy to transition its business portfolio towards sustainable and long-term growth. LG Chem CEO Shin Hak-cheol emphasized the company's commitment to reshaping its product mix, noting that innovation in bio-based feedstocks like renewable fuels and HVO is essential to boosting global competitiveness and responding effectively to evolving customer demands for sustainability.
Enilive CEO Stefano Ballista highlighted that the groundbreaking of the Seosan biorefinery reinforces Enilive’s strategic direction toward increasingly sustainable products. The Daesan plant will complement Enilive’s existing operations in Italy and the United States, along with ongoing projects in Italy and Malaysia. Collectively, these facilities are expected to help Enilive reach its target of expanding biorefining capacity to over 5 million tons per year by 2030, including more than 2 million tons of SAF.
This joint initiative is seen as a model of industrial cooperation between South Korea and Italy in the fields of energy and chemicals and marks a significant advancement in the regional and global development of renewable fuel supply chains.
Looking for chemical products? Let suppliers reach out to you!
2026-07-17
-
Fine Chemicals Industry Overview Dec.2025
Insight into Structural Shifts, Capturing Long-Term Value in Fine Chemicals. Available for Permanent Download.Published in: Jan. 2026
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Sinopec and LG Chem Sign Agreement to Jointly Develop Sodium-Ion Battery Materials
-
LG Chem Considers Selling Water Treatment Business Amid Long-Term Downturn in Petrochemical Business
-
LG Chem and HL Mando to Develop Adhesives for Electronic Components
-
LG Chem Accelerates Commercial Production of 100% Plant-Based Acrylic Acid
-
South Korean petrochemical companies' profits plummet in 2024 as oversupply persists
-
Gevo and LG Chem Extend Bio-Propylene Agreement
-
LG Chem to Supply Thermally Conductive Adhesives in North America
-
GS Caltex exports commercial-scale biojet fuel to Japan
-
LG Chem adds eco-friendly features to flame-retardant plastics
-
KCC partners with LG Chem to develop coatings using environmentally friendly raw materials
Recommend Reading
-
Forced to "cut"! South Korean Petrochemical Giants Forced to Cut Production by 25%
-
Toray Supplies Reverse Osmosis Membranes to Saudi Arabian Desalination Plant
-
Westlake Acquires ACI's Composites Business to Expand Global Footprint
-
Sinopec Builds 146 Hydrogen Refueling Stations, Ranking Among the World’s Largest Operators
-
Mitsubishi Chemical Invests in Australia’s Licella Holdings
-
Evonik to Spin Off Infrastructure Operations into New Services Company SYNEQT
-
This Week, China's Acetone Market Continues to Show Weakness (8.15-22)
-
Aluminum Sulfate: Industrial and Water Treatment Applications
-
Weak Consolidation in the Ethanol Market in China
-
The Shipping Cold War Sets Sail: The Triple Game Behind China’s Sanctions on Hanwha Ocean