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SKC will invest approximately 80 billion won to establish facilities for wet chemicals for LCD and semiconductors and auto parts at its Nantong plant in Jiangsu, China. The company also plans to set up an auto specialty film joint venture, targeting sales of 130 billion won by 2021.
“The joint venture is scheduled to begin construction of local production facilities in the fourth quarter of this year and start commercial production in 2019.”skc.kr
Summarized from public sources; check the original articles before acting on it.