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PureCycle Technologies, SK Geo Centric form JV to build Asia's first PP recycling plant in Ulsan, South Korea, with completion by Q2 2025; each company to have 50% ownership of facility, which can process 60,000 tons/year of contaminated plastic to resin

Explosion at SK Geo Centric's resin manufacturing plant in Ulsan, South Korea, results in burn injuries to seven workers; local fire authorities have issued suspension of use for the polymer plant

SABIC and SK Geo Centric plan joint investment to construct, expand high-performance polyolefin elastomer plants in Ulsan, South Korea, supporting markets including automotive, solar energy; capacity to reach 300,000 tons/year by 2024, mostly for export

SK Geocentric to construct US$223M plant in Lianyungang, China for ethylene acrylic acid, an adhesive copolymer used in flexible packaging and metal coatings; site will operate as a joint venture with Zhejiang Satellite Petrochemical

Covestro, Neste and SK geo centric to collaborate on production of PU raw material based on renewable sources; SK geo centric will source Neste's ISCC certified feedstock to produce benzene, which it will supply to Covestro as feedstock for MDI production

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