PureCycle, SKGC to Build Asia’s First Polypropylene Recycling Plant
Industry news
South Korean polypropylene (PP) producer SK geo centric (SKGC) and Orlando-based advanced recycling company PureCycle have signed a non-binding head of agreement (HOA), aka term sheet, to establish Asia’s first recycled PP plant. The facility in Ulsan, South Korea, which is expected to be completed by the end of 2024, is projected have an annual production capacity of 60,000 tons.