SK chemicals acquires Shuye's recycled BHET and PET business for $98.4 million

SK chemicals has signed an asset transfer agreement to acquire the chemically recycled BHET and PET business division of Chinese company Shuye for approximately $98.4 million. The acquisition includes a depolymerization plant and CR-PET production facility.

“SK chemicals announces that it held a board of directors meeting and signed an asset transfer agreement related to the chemically recycled BHET and chemically recycled PET business division of Shuye.”adsalecprj.com

• 1 source
• adsalecprj.comSK chemicals acquires chemically rBHET and rPET business of Chinese supplier Shuye - Adsale Plastics NetworkApr 19, 2023

Summarized from public sources; check the original articles before acting on it.