SKC finishes construction at a U.S. chemical plant

Home > Business > Industry

print dictionary print

SKC finishes construction at a U.S. chemical plant

SKC Inc., a Korean industrial film maker, said yesterday that it had completed an ethylene vinyl acetate (EVA) plant in Georgia in the United States.

The plant will annually produce 12,000 tons of EVA, a key component in making solar cells, raising the company’s total annual capacity of EVA to 36,000 tons per year, SKC said in a statement. It has two EVA plants in Korea.

SKC said that it plans to build five additional overseas plants to produce 66,000 tons of the material annually by 2015.

That would make it the second-biggest EVA manufacturer in the world with a market share of 25 percent.

Its Georgia plant already has production lines for polyester and polyurethane, according to the company.

“Solar energy is the only alternative to replace fossil fuels and nuclear energy,” SKC Chief Executive Park Jang-seo was quoted as saying in the statement. “SKC will focus on developing materials for solar cells.”

More in Industry

Kia plant hit with infections for second time this month

LG Chem gets a boost in battery patent lawsuit against SK Innovation

[TEST DRIVE] There are few rides more comfortable than the Volvo S90

India is the battleground country for Samsung and Apple

Hyundai Motor unveils two electric models at Beijing car show

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now