SK global chemical to build EAA packaging material plant in China

SK global chemical will form a joint venture with Satellite Petrochemical to build a 40,000-ton-per-year ethylene acrylic acid plant in Lianyungang, China, with a total investment of 200 billion won ($175 million).

“The two sides will spend 200 billion won ($175 million) to build the plant, with SK global chemical holding 60 percent of the capital base.”en.yna.co.kr

• 3 sources
• en.yna.co.krSK chemical unit to build packaging material plant in China | Yonhap News AgencyMar 14, 2021
• koreaherald.comSK chemical unit to build packaging material plant in China - The Korea HeraldYonhapMar 14, 2021
• chemengonline.comSK Global Chemical to build a production base for ethylene acrylic acid in China - Chemical EngineeringMary BaileyMar 15, 2021

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