GS Holdings (078930)'s GS Caltex unit will supply sustainable aviation fuel to DHL Express. Dailian reported the agreement on Wednesday.
GS Caltex will provide 2,000 tons of SAF over the next year. The companies signed a partnership agreement at GS Tower in Seoul on Tuesday. DHL Express Chief Executive John Pearson and GS Caltex executives attended. The arrangement extends the refiner's SAF deliveries beyond domestic airlines to an international logistics company.
The supply period lasts one year from the agreement. The parent company's market capitalisation was ₩11.3 trillion at Wednesday's close.
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| Symbol | Last Price |
|---|---|
| 078930GS Holdings | ₩122,100 -1.9% |