# Polymirae and SK Advanced to build polypropylene plant in Ulsan

Polymirae and SK Advanced signed a joint venture agreement to build a 400,000-ton polypropylene plant near SK Advanced's PDH plant in Ulsan, South Korea. The investment is estimated at 500 billion won, with construction starting in January 2019 and operations beginning in 2021.

- Type: Investment
- Announced: 2018-06-25
- Where: Ulsan, South Korea
- Starts operating: Q1 2021
- Status: announced
- Capacity: 400,000 tons per year
- Products: polypropylene
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Polymirae](https://endata.com/companies/32725.md)
- [LyondellBasell](https://endata.com/companies/1444.md) (investor)
- [Daelim](https://endata.com/companies/4378.md) (investor)
- [SK Advanced](https://endata.com/companies/32726.md) (partner)

## Sources

- [biz.chosun.com](https://biz.chosun.com/site/data/html_dir/2018/06/25/2018062500876.html), 2018-06-25: "폴리미래는 SK어드밴스드와 폴리프로필렌(PP) 공장 합작투자에 나선다고 25일 밝혔다."
- [textileworld.com](https://www.textileworld.com/textile-world/fiber-world/2018/06/polymirae-a-lyondellbasell-joint-venture-to-expand-its-polypropylene-capacity-by-400000-tonsyear-in-south-korea/), 2018-06-25: "PolyMirae Co. Ltd. announced today that it would establish a joint venture with SK Advanced in South Korea."

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