Plenitude: A Journey of Growth
BIOREFINING KEY PROJECTS 2023-26
COUNTRY
PROJECT
Production capacity
increase
W.I.
START UP
2024
CAPACITY
STATUS
ADDITIONAL NOTES
from 360 to 560 kt/y
ITALY
(VENICE)
Enhanced flexibility to
100%
560
kton/y
Firm
allow other biomass
processing (incl. low bio
Phl in 2023
Ph2 in 2027
ILUC)
Product mix enrichment
ITALY
(VENICE & GELA)
to grow HVO diesel & biojet
production
100%
2024-2025
~740 kton/y
(Gela)
Firm
Building 3 new plants for
ITALY
hydrogenated biofuel
100%
2025
(LIVORNO)
500
Kton/y
production
New biorefinery
USA
(CHALMETTE)
conversion (expanding
50%
IH 2023
550 kton/y
(equity)
Onstream
presence in North America)
MALAYSIA
(PENGERANG)
Biogenic feedstock pre-
treatment unit, 500 kton/y
Firm
ecofining TM plant and
hydrogen plant
New biorefinery under
FID by 2023,
study (flexible
configuration to max SAF &
HVO prod.)
Under
eval.
650 kton/y
completion
(gross)
Under
study
by 2025
SOUTH KOREA
New biorefinery under
study (flexible
FID by 2024,
Under
(DAESAN)
33
configuration to max SAF &
HVO prod.)
completion
eval.
400 kton/y
(gross)
Under
study
by 2026
Access to premium HVO
market and ample bio-
feedstock availability
Strategic location close to
Singapore on major
international aviation and
shipping routes, with easy
access to Asian market
expected to grow (especially
in SAF)
Synergies with the existing
LG Chem industrial complex
for bio-based polymers
productionView entire presentation