SAN FRANCISCO â Brightmark is taking its technology that s being perfected in Ashley and making it global in a market where plastic recycling already has achieved high levels.
Brightmark has entered into an agreement with SK Global Chemical to create a joint venture for a commercial scale plastics renewal plant in South Korea, Brightmark President Bob Powell announced Thursday.
The two have signed a memorandum of understanding asserting their intent to create a joint venture to finance and build a commercial-scale plastics renewal plant in South Korea.
The facility will be capable of converting 100,000 tons of plastic waste into new products each year.