Covington, Georgia — According to state and local economic development sources SKC plans to invest $473,000,000.00 to build out new space in Covington. The company plans to occupy the new space at 3000 SKC Drive in Covington, on or about August 1, 2023. According to the company website Since it was founded in 1976, SKC has developed and produced numerous Koreas Firsts in specialty fields of film, chemicals, and materials, contributing to industrial development while growing into a global brand. The beginning was the first development of polyester film in Korea in 1977. At that time, polyester film was a high-tech product that only seven companies in the US and Japan could manufacture, so domestic development was remarkable. Since then, as SKC was the fourth company in the world to develop videotape in 1980, SKC became known to the world market. SKCs videotape became very popular in the market, and the SKC soon became a brand name. SKC entered the chemistry business in 1991 by realizing localization of propylene oxide (PO). Since then, SKC was the first in the world to apply the HPPO method, which produces environmentally friendly PO to the field, and has been supplying downstream products such as propylene glycol (PG) that meet the needs of the market. At present, SKC strives to increase its market share of high value-added PG used for cosmetics and pharmaceuticals. In addition, SKC is strengthening its speciality products by developing highly functioning polyurethane products (elastomers), such as buffer materials for automobile suspensions that have been dependent on import.

To learn more about SKC, visit http://www.skc.kr/

Company Contact:
Sung-Jin Kim, Director New Business Development
https://www.linkedin.com/in/sung-jin-kim-24b038bb/
02-3787-1234

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