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

SK Chemicals (part of the SK Group, one of the largest consortia in the Republic of Korea) intends to become a resident of a petrochemical cluster created in Primorye, said general manager of the global business department of the corporation Kim Dae Su at a meeting with the Director of the Department of International Cooperation and Tourism Development of Primorsky Territory Alexei Starichkov .

According to the press service of the Primorye Administration, the parties last week discussed the formation of the petrochemical cluster in Primorye and the possibility of participation in the Korean holding.

The anchor project of the future cluster in the Partizansky District will be the petrochemical complex in Primorye, the project of which is being implemented by Vostochnaya Petrochemical Company (VNHK, a subsidiary of Rosneft).

The Primorsky Administration, in conjunction with the world's largest developer, the Singapore-based Jurong corporation, plans to establish a site next to the plant of VNKhK, which will create products for the subsequent processing of petroleum products.

A. Starichkov at the meeting said that the best economic conditions, infrastructure, as well as a special tax regime and customs regime will be created for residents of the petrochemical cluster.

Kim Dae-Soo, in turn, noted that today SK Chemicals intends to expand its business, creating production in the Far East of Russia, and a petrochemical cluster in Primorye is a suitable site for their purposes.

"We intend to become residents of the Primorsky petrochemical cluster," Kim Dae Soo said.

In Primorye, in particular, SK Chemicals intends to produce products that are in demand in the automotive industry.

A. Starichkov noted that in Vladivostok on the basis of the Sollers car assembly plant by 2016 it is planned to produce 75 thousand cars annually.

Also on the basis of the company will be the production of automotive components.

In addition, 400 kilometers from Primorye is the world leader in the auto industry - the Chinese city of Changchun. It produces more than 1 million cars per year.

"All this opens up great opportunities for the sale of your products, which will be produced in Primorye," the director of the department emphasized.

SK Chemicals is one of the largest South Korean companies in the field of chemical industry and film production, and also occupies a leading global position in the production of polyol, propylene oxides and polyurethane.

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