Purecycle Archives | Be Korea-savvy

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 [...]

SK Geocentric to Build Plastic Waste Recycling Factory in S. Korea with U.S. Startup

SEOUL, Jan. 10 (Korea Bizwire) — SK Geocentric Co., a chemical materials unit of South Korean conglomerate SK Group, said Monday it will build a plastic waste recycling factory in South Korea jointly with a U.S. startup as part of efforts to advance its green business. SK Geocentric said it signed an initial terms agreement [...]