SKC to build new PET plant in South Korea
German engineering firm Uhde Inventa-Fischer said Monday that it had signed a contract to build a polyethylene terepthalate (PET) plant for SKC Co. at Jincheon in South Korea.
The plant will have two lines with production capacities of 144,000 and 54,000 metric tons/year.
The commissioning is scheduled for the second quarter of 2012, officials said.
The plant will use Uhde Inventa-Fischer's 2R technology, which is based on its patented reactors ESPREE and DISCAGE. The company said those reactors ensure a constant high quality of product at minimum consumptions of raw material and energy.
The plant is designed to produce premium optical-grade PET, which is primarily used in the production of high-end films for consumer electronics.
Financial terms were not disclosed.
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