# SK Global Chemical and Brightmark partner for plastics renewal plant in South Korea

SK Global Chemical and Brightmark signed an MOU to form a joint venture to construct a commercial-scale plastics renewal plant in South Korea with 100,000 tons annual capacity, using Brightmark's pyrolysis technology.

- Type: Partnership
- Announced: 2021-01-28
- Where: South Korea, South Korea
- Status: announced
- Capacity: 100,000 tons per year
- Products: recycled plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SK Global Chemical Co.](https://endata.com/companies/21935.md) (partner)
- [Brightmark](https://endata.com/companies/40683.md) (partner)

## Sources

- [brightmark.com](https://www.brightmark.com/newsroom/sk-global-chemical-brightmark-partnership), 2021-01-28: "SK Global Chemical and Brightmark today announced the two sides have signed a memorandum of understanding to create a partnership that aims to take the lead in the circular economy of plastic."

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