SK Geo Centric Launches World’s First Plastic Recycling Complex

SK Geo Centric Launches World’s First Plastic Recycling Complex Enterprise

  • Advanced Recycling Cluster in Ulsan will combine three recycling technologies in one site for first time to advance circular economy for plastics
  • A total of 1.8 trillion won ($1.4 billion USD) to be invested in 215,00 square meters of land – the size of 22 soccer fields
  • SK Geo Centric plans to build additional global recycling sites as part of SK Group’s broader effort to reduce its impact on the environment

SK Geo Centric Launches World’s First Plastic Recycling Complex
Kyung-sooNa, CEO of SK GeoCentric, announces the vision for the Ulsan Advanced Recycling Cluster (ARC), the world’s first comprehensive recycling complex, at a press conference held at the SK Green Campus in Seoul on November 14.

Ulsan ARC Groundbreaking Photo 9
SK Innovation CEO Jun Kim addresses the crowd on Wednesday, November 15, at the groundbreaking for SK Geo Centric’s Advanced Recycling Cluster in Ulsan, South Korea. SK Innovation is the parent company of SK Geo Centric.

ARC Press Conference Photo 5
Dustin Olson, CEO of PureCycle Technologies, introduces the company’shigh-purity PP extraction technology at a press conference at the Ulsan ARC groundbreaking ceremony held at SK Green Campus in Seoul on November 14



Source: SK Group Newsroom, Link

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