CHINA: SKC completes construction of 33,000-t/y PET film plant in Jiangsu

Jointly with Toyobo Corp. and Toyo Aluminium of Japan, the company had begun the construction of the plant capable of producing 33,000 tons of PET film since August 2011. With the kickoff of the Nontong plant, SKC has a total of 240,000-ton PET film production capacity in 21 production lines in locations such as Suwon, Jincheon, and Covington (Georgia, U.S.).

The shares in the Nantong plant are held by SK China (33 %), Toyobo (15 %), and Toyo Aluminum (8 %), as well as SKC (44 %). SKC plans to expand the global PET film capacity to 300,000 tons by 2015 from current 240,000 tons and take the world's No. 1 position in the high-functional PET film market.

Source: "The Korea Economic Daily", Seoul; 30 Oct 2013(Syed Rashid Ali, Karachi, Pakistan)