SK Archives | Be Korea-savvy
SK Teams Up with Malaysian Firm for Cooperation in Hydrogen, Renewables

SK Teams Up with Malaysian Firm for Cooperation in Hydrogen, Renewables

SEOUL, Sept. 5 (Korea Bizwire) — South Korean energy-to-telecom conglomerate SK Group said Monday it is partnering with a Malaysian clean energy company to explore collaboration in hydrogen, renewable energy and green mobility, as part of efforts to bolster its green energy transition. Its three affiliates — SK Materials Inc., SK Ecoplant Co. and SK [...]

SK Invests $250 mln in U.S. Reactor Startup TerraPower

SK Invests $250 mln in U.S. Reactor Startup TerraPower

SEOUL, Aug. 15 (Korea Bizwire) — Two affiliates of South Korean refining-to-semiconductors conglomerate SK Group said Monday they have invested US$250 million in U.S. nuclear reactor design firm TerraPower for joint business opportunities. Through the investment, SK Inc., the holding company of SK Group, and SK Innovation Co., the country’s leading refiner, will jointly develop [...]

SK to Build New R&D Center in S. Korea to Bolster Green Biz

SK to Build New R&D Center in S. Korea to Bolster Green Biz

SEOUL, Jan. 25 (Korea Bizwire) — SK Group, South Korea’s third-largest conglomerate, said Tuesday it is building a new research and development (R&D) center near Seoul as part of efforts to further sharpen its technological edge in eco-friendly businesses. The 1-trillion won (US$834 million) facility, tentatively named “SK Green Techno Campus,” will put together a [...]

SK Invests US$350 Million in U.S. Gene Therapy Firm Center for Breakthrough Medicines

SK Invests US$350 Million in U.S. Gene Therapy Firm Center for Breakthrough Medicines

SEOUL, Jan. 9 (Korea Bizwire) — SK Inc., the holding company of South Korea’s No. 3 conglomerate SK Group, said Sunday that it has invested US$350 million in the Center for Breakthrough Medicines (CBM), becoming the second-largest stakeholder of the U.S. gene therapy company. SK said the investment deal with the Philadelphia-based contract development manufacturing [...]