Construction work on Ulsan Advanced Recycling Cluster located in Ulsan, South Korea commenced in Q4 2023, after the project was announced in Q1 2023. According to GlobalData, who tracks and profiles more than 220,000 major construction projects from announcement to completion, the project is expected to be completed by Q4 2025. To learn more about the Ulsan Advanced Recycling Cluster project, buy the profile here.

The project involves the construction of a plastic waste recycling plant with a processing capacity of 320,000 tonnes per annum (TPA) on 21.5ha of land in Ulsan, South Korea.

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The project includes the following:

1. Construction of production units
2. Construction of storage units
3. Construction of processing units
4. Construction of a warehouse
5. Construction of an administrative space
6. Construction of internal access roads
7. Construction of parking spaces
8. Installation of equipment and machinery
9. Installation of safety and security systems

Construction on the project, spread across 21.5 hectares, is expected to be completed by Q4 2025.

For more details on the Ulsan Advanced Recycling Cluster project, buy the profile here.

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.