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STL and SK Geo Centric have formed a joint venture, Sino Korean Kerui New Materials (Jiangsu) Co., Ltd., to construct and operate an EAA (ethylene acrylic polymer) project in Xuwei New Area, Lianyungang, Jiangsu Province, China. The project has a total investment of about 1.64 billion yuan and a production scale of 40,000 tons per year, with plans to be in production in 2025.
“The Sino-Korean Kerui New Material (Jiangsu) Co., Ltd. was announced the joint project established by STL and SK Geo Centric to construct and operate the EAA (ethylene acrylic polymer) project, which will be the first unit of this kind in Asia with a total investment of about 1.64 billion yuan.”en.stl-chem.com
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