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SK geo centric signed an MOU with Satellite Chemical to build a fourth ethylene acrylic acid (EAA) plant in Lianyungang, China, with an investment of 400 billion won ($308.4 million). The plant will have an annual capacity of 50,000 tons and is expected to commence commercial production in 2028.
“SK geo centric is investing 400 billion won ($308.4 million) to add a fourth plant that will produce high value-added chemical material ethylene acrylic acid (EAA) in China.”koreajoongangdaily.com
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