SEOUL, Oct. 29 (Korea Bizwire) — SK Innovation Co. announced yesterday that a joint venture between subsidiary SK Global Chemical Co. and China’s state-run China Petrochemical Corp., known as Sinopec Group, had held a race aimed at raising environmental awareness in China. A total of 170 company employees participated in the running exercise held at [...]
SEOUL, Nov. 22 (Korea Bizwire) — Hankook Tire Manufacturing Co., the world’s seventh-largest tiremaker by sales, said Wednesday it has signed a deal with China’s state oil firm to sell its truck and bus tires. In August, Hankook Tire began to produce truck and bus radial tires (TBRs) at one of its three plants in [...]
SEOUL, Oct. 17 (Korea Bizwire) — SK Innovation Co., South Korea’s top oil refiner, said Tuesday that its joint venture with China’s Sinopec will spend 740 billion won (US$655 million) on expanding its output capacity by some 36 percent in order to meet growing demand. SK Global Chemical Co., SK Innovation’s affiliate, and Sinopec invested [...]
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 [...]