White House Weighs Refined Copper Tariffs as Cost Concerns Grow 
The UK is surprisingly short of water – but more reservoirs aren’t the answer 
EUR/USD Eyes 1.17 as Fed Decision Could Weigh on Dollar 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
US Bans Canadian Alcohol, Motorcycles as Trade War Escalates 
LA fires: Long-term exposure to wildfire smoke is poorly understood − and a growing risk 
Japan Producer Inflation Eases to 7.6% in August 
Asian Stocks Fall as Oil Tops $100, Yields Rise 
UK Economy Grows 0.4% in July, Beating Forecasts 
Iraq Seeks 6 Million Bpd OPEC+ Oil Quota 
The world’s biggest trees could hold the secret to coping with drought 
We combed through old botanical surveys to track how plants on Australia’s islands are changing 
What’s so special about Ukraine’s minerals? A geologist explains 
UK Food Inflation Forecast to Hit 6.4% by Mid-2027 
Add as a preferred source on Google
SK Geocentric Co. has acquired a stake worth US$55 million in a US plastic waste recycling startup PureCycle Technologies Inc. through a recent rights offering, in a step to bolster its green business.
A chemical materials unit of South Korean conglomerate SK Group, SK Geocentric has already partnered up with the Florida-based PureCycle to build a polypropylene recycling factory in Ulsan, about 400 kilometers southeast of Seoul.
The factory, which the two businesses aim to finish construction by the end of 2024, will be capable of processing 64,000 tons of cargo each year.
According to SK, PureCycle is establishing a production line in Ohio that can produce 50,000 tons each year and aims to establish a plant in Georgia with a capacity of 300,000 tons each year.
PureCycle specializes in recycling polypropylene waste into ultra-pure polypropylene resin by eliminating pollutants, which may be used in a range of consumer products and automotive and construction materials.
SK Geocentric plans to invest 5 trillion won by 2025 to transform its business portfolio from petrochemicals to green products, aiming to expand the plastic waste recycling capacity to an annual 900,000 tons.
