SK Chemicals intends to become a resident of the petrochemical cluster in Primorye

Alexey Starichkov, the Director of the Department of International Cooperation an Tourism Development of the Primorsky Territory had a meeting with Kim Dae-Su, the Managing Director of the Department of SK Chemicals (the Republic of Korea) global business. The parties discussed petrochemical cluster of Primorye forming progress and a possibility of Korean holding company involving.

According to Alexey Starichkov, the anchor project of a future cluster in the Partizansk district will be “EPCC” company. Also, the Administration of Primorye together with the largest world developer – Singaporean Jurong corporation – will create a site near the “EPCC” plant, which will create re-refining products.

“Petrochemical industry together with logistics and agriculture – is one of the most perspective industries for cooperation of Primorye with the Asia-Pacific Rim Countries. And the project of the petrochemical cluster in the region is supervised personally by the Head of the region Vladimir Miklushevskiy.” – Alexey Starichkov noted. He also told that the best business environment, infrastructure and also a special taxation and customs regime will be created for the residents of petrochemical cluster.

Mr. Kim, in his turn, noted that SK Chemicals today intends to expand business building up production in the Far East of Russia, and the petrochemical cluster in Primorye is an appropriate site for this purpose. “We intends to become residents of petrochemical cluster of Primorye” – Mr. Kim declared.

He told that SK Chemicals today is one of the biggest South Korean companies of petrochemical industry and film production, and also holds world leading positions in production of polyols, propylene oxides and polyurethane. In particular, in Primorye SK Chemicals intends to create products required in automobile manufacturing.

Alexey Starichkov noted that on the basis of Sollers company it is planned to manufacture 75 thousand of motor-cars per year by 2016. Also car parts manufacturing will be conducted on the company basis. In addition to that in 400 kilometers from Primorye it is located the world leader of motor-car production – the Chinese city Changchun. Over one million of motor-cars is manufactured there per a year.

Source: Primorsky.ru