SK Geo Centric and SABIC JV to invest $149M to boost POE production in Ulsan

SABIC SK Nexlene Company (SSNC), a joint venture between SK Geo Centric and SABIC, will invest about 200 billion won ($149 million) to build a new production line by July 2024 at its Ulsan plant, increasing annual ethylene co-polymer capacity from 210,000 tons to 300,000 tons.

“We are pleased that investment in expansion has begun to lead the global supply of high-value-added products.”ajupress.com

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• ajupress.comSK Geo Centric and SABIC make new investment to boost polyolefin elastomer production | Aju PressLim Chang-wonAug 23, 2022

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