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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.