Seoul—SK Global Chemical announced it has changed its name to SK Geo Centric, effective 31 Aug. 2021, and has revealed its intention to become the "world's largest urban oil field company that will lead the plastic recycling market." To reach this goal, SK Geo's primary aim is to secure the facilities and capability to process 900,000 t/y of plastic waste, which is equal to the company's domestic plastic production volume, noted Na Kyung-soo, chief executive of SK Geo.
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