# SK Chemicals signs EUR 92 million deal with China's Shuye for chemical recycling

SK Chemicals signed a USD 98.4 million (EUR 92 million) deal with China's Shuye Environmental Technology for a depolymerisation plant to produce rBHET and rPET.

- Type: Contract
- Announced: 2023-03-16
- Value: $98.4M (92.0M EUR)
- Status: announced
- Products: rBHET, rPET
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SK Chemicals](https://endata.com/companies/11373.md)
- [Shuye Environmental Technology](https://endata.com/companies/69147.md) (partner)

## Sources

- [plasteurope.com](https://www.plasteurope.com/news/SK_CHEMICALS_t252429/), 2023-03-16: "SK Chemicals signed a USD 98.4 mn (EUR 92 mn) deal with China's Shuye Environmental Technology"

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