Ulsan— Purecycle Technologies and SK Geocentric,a unit of SK Group,have signed an initial terms agreement to build a polypropylene(PP)recycling facility in Ulsan,S.Korea,according to Yonhap News Agency.Under the agreement,the recycling plant will have the capacity to produce around 60,000 t/y of ultra-pure recycled PP using Purecycle's technologies.SK Geocentric will hold exclusive domestic sales rights to the product.Construction is expected to begin this year,with completion anticipated by 2024.
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