The Feedstock Innovation Center (FIC) will process waste plastics into feedstock. Once the facility is completed, SK Chemicals will secure a value chain that extends beyond the production of chemically recycled materials to encompass the sourcing of waste plastics.

The two companies plan to establish a process on an idle site of about 13,200 m² owned by Kelinle in Weinan, Shaanxi Province, China, to convert waste through a series of steps into recycled raw materials. Kelinle, which has operated a plastics recycling business in the local market for the past 10 years, will leverage its local network to procure feedstock, and PET pellets will be produced after pretreatment using SK Chemicals’ technology.

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