# SKC to build wet chemicals and auto parts facilities at Nantong plant in China

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.

- Type: Investment
- Announced: 2017-10-27
- Where: Nantong, Jiangsu, China, China
- Value: $71.0M (80.0B KRW)
- Starts operating: 2019
- Status: announced
- Products: wet chemicals for LCD and semiconductors, auto parts, auto specialty film
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SKC Co.](https://endata.com/companies/22921.md)

## Sources

- [skc.kr](https://www.skc.kr/m/eng/Conmmunication/news/newsDetail.do?seq=840), 2017-10-27: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.