# SK Geocentric to build $223M EAA plant in Lianyungang, China

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.

- Type: New facility
- Announced: 2022-08-09
- Where: Lianyungang, Jiangsu Province, China
- Value: $223.0M
- Starts operating: 2025
- Status: announced
- Capacity: 40,000 tons per year of ethylene acrylic acid (EAA)
- Products: ethylene acrylic acid (EAA) adhesive copolymer
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [SK Geocentric](https://endata.com/companies/12190.md)
- [Zhejiang Satellite Petrochemical](https://endata.com/companies/49506.md) (partner)

## Sources

- [koreaherald.com](https://www.koreaherald.com/article/2931307), 2022-08-09: "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."

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