SK Chemicals invests 130 billion won to acquire assets of Chinese chemical pet recycling companies

COMPANY / Reporter Kim Jisun / 2023-03-06 19:33:34
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
(사진= SK케미칼 제공)

[Alpha Biz=(Chicago) Reporter Kim Jisun] SK Chemicals announced in a board meeting on the 6th that it has signed a contract to acquire assets related to chemical recycling raw materials and chemical recycling pet business of Shuye, a Chinese green materials company, for 130 billion won.

The acquisition targets included a depolymerization plant that chemically decomposes waste plastics to produce recycled materials and production facilities that make pets by injecting chemical recycled materials produced here.

Through this acquisition, SK Chemicals will have a commercial production system of chemical recycled raw materials and products with depolymerization technology about 1∼2 years faster than domestic companies.

Chemical recycling refers to the decomposition of waste plastics through pyrolysis processes, extracting raw materials, and producing compounds. The chemical recycling pet market is expected to grow to 4.6 million tons (10 trillion won) by 2030.

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

어플

주요기사

Bithumb Faces ‘Book-Entry Trading’ Concerns After Miscrediting Hundreds of Thousands of Bitcoins
Kolmar Korea Certified as Year’s First ‘Reshoring’ Company; To Invest 100 Billion KRW in Smart Factory Expansion
Court Dismisses Additional Lawsuits by Shareholders Over "Invossa" Controversy, Ruling in Favor of Kolon
Nvidia Delays China H200 Chip Exports Amid Ongoing Talks With U.S. Government
Naver Issues Formal Apology Over Exposure of Celebrities’ and Politicians’ Past "Ji-sik-iN" Posts
뉴스댓글 >

건강이 보이는 대표 K Medical 뉴스

SNS