SEOUL, July 26 (Korea Bizwire) – SK Global Chemical Co., a chemical affiliate of South Korea’s energy giant SK Innovation Co., has announced that it is reusing bale silage plastic as upcycled bags for petrochemical products. Bale silage, the ‘giant marshmallows’ lying in fields, refers to bales of hay or other crops wrapped in multiple [...]
SEOUL, July 9 (Korea Bizwire) — SK Global Chemical Co., an affiliate of South Korea’s top refiner SK Innovation Co., is building an anode material plant, where plastic waste will be recycled into new materials. The company signed a memorandum of understanding with the city of Ulsan on Thursday. By 2025, SK Global Chemical plans [...]
SEOUL, June 14 (Korea Bizwire) — SK global chemical Co., an affiliate of South Korea’s top refiner SK Innovation Co., will develop a new material for future cars in collaboration with the Korea Smart E-Mobility Association (KEMA). The firm recently signed a deal with the KEMA to promote cooperation in the development of new materials [...]
SEOUL, March 14 (Korea Bizwire) – SK global chemical Co., an affiliate of South Korea’s top refiner SK Innovation Co., said Sunday it will build a packaging material plant in China. Under the deal, SK global chemical will set up a joint venture with Satellite Petrochemical to build a plant that produces ethylene acrylic acid [...]
SEOUL, March 9 (Korea Bizwire) — SK Global Chemical Co., a chemical affiliate of South Korea’s energy giant SK Innovation Co., and POSCO, the world’s fifth-largest steelmaker by output, have united forces to develop new lightweight materials for future mobility, including electric vehicles (EVs). The two parties announced on Monday that they had formed a [...]
SEOUL, Feb. 9 (Korea Bizwire) — SK Global Chemical Co., a chemical affiliate of South Korea’s energy giant SK Innovation Co., has teamed up with a logistics company to accelerate its environmental, social and governance (ESG) management by establishing a virtuous cycle system for the reduction of logistics waste. The company announced on Monday that [...]
SEOUL, June 3 (Korea Bizwire) — SK Global Chemical Co., a chemical affiliate of South Korea’s energy giant SK Innovation Co., said Wednesday it has completed the acquisition of French chemical firm Arkema S.A.’s functional polyolefins business for 335 million euros (US$375 million) in the latest move to boost its packaging business. Under the deal, [...]
SEOUL, Oct. 15 (Korea Bizwire) — SK Global Chemical Co., a chemical affiliate of South Korea’s energy giant SK Innovation Co., said Tuesday it will acquire French chemical firm Arkema S.A.’s functional polyolefins business for 335 million euros (US$369 million) in the latest move to boost its packaging business. SK Global Chemical said the acquisition [...]
SEOUL, Oct. 11 (Korea Bizwire) — South Korea’s top oil refiner SK Innovation Co. said Wednesday that its affiliate has signed a deal to buy another chemical business unit under Dow Chemical Co., in a bid to expand its market presence. Early this year, SK Global Chemical Co. took over Dow Chemical’s ethylene acrylic acid [...]
SEOUL, March 29 (Korea Bizwire) – South Korean petrochemicals firms, led by LG Chem Ltd., are seeking to diversify their export destinations and establish more overseas production facilities, in a bid to reduce their dependence on China, industry sources said Wednesday. According to the sources, LG Chem, the country’s No. 1 player in the chemicals [...]