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SKC to merge biodegradable material subsidiaries SK Leaveo and SK Tbmgeostone · Endata

◂ Announcements

Aug 23, 2024ACQUISITIONHai Phong, Vietnam, Vietnam

SKC to merge biodegradable material subsidiaries SK Leaveo and SK Tbmgeostone

SKC Ltd. plans to merge its subsidiaries SK Leaveo and SK Tbmgeostone with a merger ratio of 1:0.0005179, scheduled to complete on 8 October 2024. SK Leaveo is building a 70,000 tpa PBAT plant in Hai Phong, Vietnam, expected to start mass production in Q3 2025.

Status

Announced

Capacity

70,000 tpa PBAT

Productspolybutylene adipate terephthalate (PBAT)

CompaniesSKC Co.SK Leaveo target SK Tbmgeostone target

Sectors#Plastics and Polymers

“SK Leaveo recently began constructing the plant for biodegradable material polybutylene adipate terephthalate (PBAT) in Hai Phong, Vietnam, with an annual production capacity of 70,000 tons.”kedglobal.com

1 source
kedglobal.comSKC to merge two biodegradable material subsidiaries - KED GlobalJi-Eun HaAug 23, 2024

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

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