PureCycle, SKGC Agree To Discontinue Joint Venture, That Was Intended To Construct And Operate Recycled Polypropylene Purification Plant At SKGC Ulsan Site - Filing
Portfolio Pulse from Benzinga Newsdesk
PureCycle and SKGC have decided to discontinue their joint venture, which was aimed at building and operating a recycled polypropylene purification plant at SKGC's Ulsan site.
October 28, 2024 | 8:36 pm
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PureCycle and SKGC have mutually agreed to discontinue their joint venture for a recycled polypropylene purification plant at SKGC's Ulsan site.
The discontinuation of the joint venture with SKGC could impact PureCycle's strategic plans and growth in the recycling sector, potentially affecting investor sentiment negatively in the short term.
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