# SK Geocentric to build second EAA plant in Lianyungang, China

SK Geocentric is investing an additional KRW 400 billion ($310 million) to build a second ethylene acrylic acid (EAA) factory in Lianyungang, China, with a capacity of 50,000 tons per year, expected to start operations in 2028. The first EAA plant on the same site, a joint venture with Weixing Chemical, is under construction and will start in 2025.

- Type: Investment
- Announced: 2023-03-24
- Where: Lianyungang, China
- Value: $310.0M (400.0B KRW)
- Starts operating: 2028
- Status: announced
- Capacity: 50,000 tons per year
- 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)
- [Weixing Chemical](https://endata.com/companies/69293.md) (partner)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20230324005600320), 2023-03-24: "SK Geocentric Co. said Friday it is spending an additional 400 billion won (US$310 million) to build a second factory for advanced packaging materials in China."

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