# SK Chemicals and Shuye Environmental Technology to build recycled plastic factory in China

SK Chemicals and Guangdong Shuye Environmental Technology signed an agreement to build a recycled PET and copolyester plant in Shanyto, China. The plant will have an annual capacity of 200,000 tons, with construction starting in early 2023 and production set for end of 2024.

- Type: New facility
- Announced: 2022-07-25
- Where: Shanyto, China
- Starts operating: 2024
- Status: announced
- Capacity: 200,000 tons per year
- Products: recycled PET, copolyester
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SK Chemicals](https://endata.com/companies/11373.md)
- [Guangdong Shuye Environmental Technology](https://endata.com/companies/64336.md) (partner)

## Sources

- [koreajoongangdaily.com](https://www.koreajoongangdaily.com/business/sk-chemicals-to-establish-joint-venture-with-shuye-environmental-technology-for-recycled-plastic-factory/10675460), 2022-07-25: "We aim to expand our recycled plastic business by securing a foothold in the global market."

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