POLAND: Joint venture construction plans for proposed 120,000 metric ton per year polyethylene...

PROJECT OVERVIEW:

SK CHEMICALS of South Korea is currently gearing-up to build a new polyethylene terephthalate (PET) plant in Poland. In so doing, the project is to be implemented in joint venture with 2 undisclosed partners. Regardless, SK is expected to hold a 45% interest in the venture.

Construction plans under consideration call for building a factory with an installed production capacity of 120,000 metric tons per year. However, no project location has yet been announced. In any case, project completion is scheduled for some time around the end of