SK Energy Sets Up JV for Chinese Asphalt Market

SEOUL, Nov. 29 (Korea Bizwire) — SK Energy, South Korea’s leading oil refinery and gas station operator, said Friday it has invested 76 billion won (US$64 million) in a joint venture (JV) with a Chinese company to tap into the neighboring country’s asphalt market. SK Energy and Zhejiang Baoying Group set up a 49:51 joint [...]