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SK Geocentric formed a 6:4 joint venture with Zhejiang Satellite Petrochemical to build a 40,000-ton-per-year ethylene acrylic acid (EAA) plant in Lianyungang, China. The $223 million (290 billion won) facility is expected to be completed by the first half of 2025.
“SK Geocentric will form a 6:4 joint venture with Zhejiang Satellite Petrochemical Co., and the factory will be built in a petrochemical complex in Lianyungang.”koreaherald.com
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