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SK Geocentric Invests US$55 mln in U.S. Plastic Waste Recycling Company

SK Geocentric Invests US$55 mln in U.S. Plastic Waste Recycling Company

SEOUL, March 15 (Korea Bizwire) — SK Geocentric Co., a chemical materials unit of South Korean conglomerate SK Group, said Tuesday it has acquired a stake worth US$55 million in a U.S. plastic waste recycling startup, in a step to bolster its green business. It acquired the stake in PureCycle Technologies Inc., a Florida-based plastic [...]