SEOUL, June 29 (Korea Bizwire) — SK Chemicals Co., the chemical and pharmaceutical arm of SK Group, announced on Monday it will produce chemical-recycled polyester yarn for the first time in South Korea together with Huvis Corp., a local chemicals and fiber materials company. By leveraging their respective strengths in polyester and yarn manufacturing technologies, [...]
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 [...]
SEOUL, Feb. 12 (Korea Bizwire) — SK Chemicals Co., said Tuesday that it will commercialize a new eco-friendly polyol material made from corn. The company will break ground within the site of its Ulsan plant this year on a facility a new material called polyoxytrimethylene glycol (PO3G), which is highly resilient. SK Chemicals’ PO3G is [...]
SEOUL, May 10 (Korea Bizwire) — SK Chemicals Co., a South Korean vaccine maker, said Thursday it has joined with Daewoong Pharmaceutical Co. to sell its herpes zoster vaccine in South Korea. Under the agreement, the two companies will work together on the sales and marketing of Skyzoster, a shingles vaccine developed by SK Chemicals, [...]
SEOUL, Sept. 19 (Korea Bizwire) — SK Chemicals Co., a South Korean pharmaceutical and chemical goods manufacturer, and multinational drug firm GlaxoSmithKline Plc. (GSK) are awaiting final approval of their respective herpes zoster vaccines, market watchers said Tuesday. Approval is forecast to shake up the market in a big way, setting up a showdown with [...]
SEOUL, June 7 (Korea Bizwire) – South Korean conglomerate SK Group held its 2017 SK Global Forum in New Jersey, America last Saturday in search of global human resources, as part of its preparation for a foray into the global market, the company said yesterday. Members of SK Group’s senior management team including SK Energy [...]
SEOUL, July 22 (Korea Bizwire) – Despite the blazing hot weather, pharmaceutical companies are gearing up to compete in the market for flu vaccines for the winter season, particularly tetravalent flu vaccines that are expected to hit the market this year. Tetravalent flu vaccines, which mark the next development step after trivalent flu vaccines, provide protection against [...]
“The Ministry of Trade, Industry and Energy said on January 1 this year there will be additional job creation effects of 14,000 more jobs as well as foreign investment of more than 2.3 trillion won. For 11 months since the law’s revision, however, there has been almost no new foreign investment.” “The number of new [...]
SEOUL, Nov. 9 (Korea Bizwire) – SK Chemicals will expand its business for blood preparations by investing 100 billion won. The unit for blood derivatives posted about 60 billion won in sales revenue last year. The company said on November 7, “We plan to increase the plasma fractionation capacity by five times to 600,000 liters from [...]