SK Chemicals Invests in Chinese Waste Plastic Recycling Firm

SEOUL, May 18 (Korea Bizwire) — SK Chemicals Co. said Monday that it had acquired a 10 percent stake in Shuye Environmental Technology Co., a Chinese company that possesses technology that can chemically break down waste PET, by investing 23 billion won (US$20 million). The company made the investment decision as part of efforts to [...]