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SK, Maeil Dairies Join Hands with U.S. Startup for Alternative Dairy Biz

SK, Maeil Dairies Join Hands with U.S. Startup for Alternative Dairy Biz

SEOUL, Nov. 24 (Korea Bizwire) — SK Inc. said Thursday it has joined hands with a major local dairy producer and a U.S. startup to merchandise alternative dairy products, such as plant-based milk and cheese, in its drive for sustainable food business. The memorandum of understanding signed with Maeil Dairies Co. and Perfect Day, a [...]

SK to Issue Long-term Commercial Papers amid Frozen Corporate Bond Market

SK to Issue Long-term Commercial Papers amid Frozen Corporate Bond Market

SEOUL, Nov. 4 (Korea Bizwire) — SK Group, South Korea’s second-largest conglomerate by assets, is set to issue its first commercial papers (CPs), indicating that even large companies are having difficulty raising funds through the issuance of corporate bonds. SK Inc., the holding company of SK Group, plans to issue three-year and five-year maturity CPs [...]

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 [...]