SK, Sinopec Agree to Scrap Butanediol Venture Plan

SEOUL, Nov. 30 (Korea Bizwire) – South Korea’s SK Group said Wednesday that it has agreed with a Chinese chemicals maker to scrap their plan to establish a joint venture to produce butanediol, a key material used to make synthetic fibers.  In 2013, SK Global Chemical and Sinopec announced a plan to invest some 680 [...]