SEOUL, May 3 (Korea Bizwire) — SK Geocentric Co., a chemical unit under South Korea’s SK Group, said Wednesday it has signed a joint venture agreement with a Canadian partner to build a plastic waste recycling factory in Korea. SK Geocentric and Loop Industries, a Quebec-based company, will establish a 51:49 joint venture in charge [...]
SEOUL, April 27 (Korea Bizwire) — The Seoul Metropolitan Government on Wednesday announced a pilot project to promote the chemical recycling of waste hanging banners in partnership with chemical firm SK Geocentric Co. The initiative involves removing strings and poles from discarded banners and sending them to SK Geocentric to determine if they can be [...]
SEOUL, March 24 (Korea Bizwire) — South Korean chemical firm SK Geocentric Co. said Friday it is spending an additional 400 billion won (US$310 million) to build a second factory for advanced packaging materials in China. SK Geocentric signed the initial agreement earlier this week with Weixing Chemical on expanding the ethylene acrylic acid (EAA) [...]
SEOUL, Feb. 20 (Korea Bizwire) — SK Geocentric Co., a chemical materials unit of South Korean conglomerate SK Group, has announced plans to set up a plastic recycling plant in the Saint-Avold region in northeastern France. The company completed the selection of a site in collaboration with French water management company Suez S.A. and Quebec-based [...]
LAS VEGAS, Jan. 8 (Korea Bizwire) — SK Geocentric Co., a South Korean chemical company, said Sunday it has signed a contract with a British firm to build a plastic pyrolysis plant in South Korea, taking a step closer to establishing what will be the world’s first plastic recycling cluster in two years. Under the agreement, [...]
SEOUL, Nov. 16 (Korea Bizwire) – SK Geocentric Co., a South Korean chemical company, said Wednesday it has signed an initial agreement with a British firm to build a plastic pyrolysis plant here, as it accelerates the push for advanced plastic waste recycling. The head of agreement, signed with the London-based Plastic Energy Ltd., commits [...]
SEOUL, Nov. 15 (Korea Bizwire) — SK Geocentric Co., a South Korean plastic waste recycling company, said Tuesday it has secured 475 billion won (US$358.3 million) through a loan backed by its low emissions goals. The sustainability-linked loan (SLL) commits SK Geocentric to increase its plastic recycling capacity to as much as 900,000 tons and [...]
SEOUL, Oct. 27 (Korea Bizwire) — SK Geocentric Co., a chemical unit of South Korea’s SK Group, said Thursday it has signed a binding joint venture agreement with a U.S. partner to build a plastic recycling plant here as it pushes to pivot to green chemicals business. The 50:50 joint venture with Purecycle Technologies Inc. [...]
SEOUL, Aug. 23 (Korea Bizwire) — SK Geocentric Co., a chemical unit of SK Group, said Tuesday it is making an additional 200 billion won (US$149.3 million) investment jointly with its Saudi Arabian partner to produce a high functional copolymer widely used in automotive components and wire coating. The production facility for polyolefin elastomers (POE) [...]
SEOUL, Aug. 9 (Korea Bizwire) — SK Geocentric Co., a chemical unit of South Korean’s No. 2 conglomerate SK Group, said Tuesday it is building a plant in China that will produce a high value-added packaging material to expand its presence in Asia’s largest market. SK Geocentric will form a 6:4 joint venture with Zhejiang [...]