Scope To Build Ethylene Acrylic Acid Plant in Lianyungang Jiangsu ChinaSK geo centric SKGC Seoul South Korea has signed an agreement with Zhejiang Satellite Petrochemical STL to build an Ethylene Acrylic Acid EAA manufacturing plant in Lianyungang Jiangsu China expecting it to be completed by 2028.Plant 4 is planned to begin construction in the second half of next year with a 40 billion investment and commence commercial production in 2028 with a targeted annual production capacity of 50000 tons.With the completion of the EAA Plant 4 SKGCs global production capacity for EAA will increase to 140000 tons per year allowing the company to preemptively capture the Asian market.Partner Zhejiang Satellite Petrochemical STL Address Jiaxing314004China Phone 86 57 3822 18888 Fax 86 57 3822 22999 Website httpen.stl-chem.com
π Key Information
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Tender Reference No.
486328964
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Publication Date
25 Mar 2023
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Estimated Value
USD 40000000000
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Sector
Industry
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Deadline
31 Dec 2028
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Notice Type
Projects
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Location
Korea, republic of
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Contract Duration
5 Years 9 Months 6 Days
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