SKC establishes biodegradable material factory in Vietnam, world's largest annual production of 70,000 tons = South Korea

SKC, a major scientific materials company, announced on the 22nd (local time) that Ecovance, a South Korean investment company that invests in biodegradable materials business, received an investment permit from Hai Phong city in northern Vietnam.
It was announced on the 25th that it had been obtained. SKC and Ecovance plan to proceed with the construction of a PBAT (polybutylene adipate terephthalate) factory, with the goal of starting operations in 2025. Annual production of the same factory
The scale will reach 70,000 tons, making it the world's largest single factory. Furthermore, SK TB promotes SKC's biodegradable LIMEX business.
A factory for M Geostone will also be built together. SKTB
M Geostone will be located in a special economic zone in Haiphong City with an annual production capacity of 36,000 tons until 2025.
Build a large-scale factory. Prior to this, in 2021, SKC announced that TB, a Japanese company with biodegradable LIMEX technology that combines limestone and plastic resin and reduces the use of plastic, will
He had established a joint venture with SK TB M Geostone. Biodegradable LIMEX is a new eco-friendly product that combines limestone and PBAT, a biodegradable resin instead of plastic.
It's the material. SKC anticipates that it will be able to achieve superior quality and price competitiveness through the synergy between Vietnam's abundant limestone reserves and Ecovance, which produces PBAT.