SEOUL, Sept. 25 (Korea Bizwire) — SKC Co., a South Korean materials maker, said Monday it plans to build a manufacturing plant in Vietnam to produce materials for biodegradable plastics, as it pushes to expand the eco-friendly materials business. The factory will be established in Vietnam’s northeastern city of Hai Phong to manufacture polybutylene adipate [...]
SEOUL, Sept. 11 (Korea Bizwire) — SKC Co., a South Korean manufacturer of secondary battery parts and advanced materials, said Monday it is acquiring a stake in a U.S. semiconductor packaging startup as it accelerates the drive for chip post-processing. The investment in Chipletz, an Austin-based fabless company, will give SKC an approximately 12 percent [...]
SEOUL, July 31 (Korea Bizwire) — SKC Co. said Monday it is teaming up with Japan’s Toyota Tsusho Corp. for a joint venture to produce and supply battery-grade copper foil in North America, advancing into the world’s most burgeoning electric vehicle (EV) market. Under the memorandum of understanding, SK Nexilis Co., SKC’s copper foil-making subsidiary, [...]
SEOUL, July 7 (Korea Bizwire) — SKC Co., a chemical company under South Korea’s SK Group, said Friday it acquired a local semiconductor test equipment maker for 522.5 billion won (US$399 million) as it accelerates its push for a pivot to the manufacturing of semiconductor and battery components. SKC took over a 35.8 percent stake, [...]
SEOUL, June 12 (Korea Bizwire) — SKC Co., a South Korean manufacturer of advanced materials, signed Monday a preliminary agreement with the government of Vietnam’s Hai Phong city to explore potential investment in advanced materials for secondary batteries, semiconductors and other green sectors. Under the memorandum of understanding, SKC will consider ways to invest in [...]
SEOUL, May 30 (Korea Bizwire) — SKC Co., an advanced materials maker under South Korea’s SK Group, said Tuesday it is joining hands with steel giant POSCO Holdings Inc. to develop next-generation secondary battery components as part of efforts to boost competitiveness in the rapidly growing industry. SKC and POSCO signed a comprehensive business agreement [...]
SEOUL, Feb. 6 (Korea Bizwire) — SKC Co., a South Korean manufacturer of advanced materials, said Monday its operating profit declined 45.1 percent in 2022 from a year earlier, mainly weighed down by a spike in electricity bills and other costs. Operating profit reached 220.3 billion won (US$176.2 million) for the January-December period, compared with [...]
COVINGTON, Jan. 16 (Korea Bizwire) – The SKC campus, located about 56 kilometers east of Atlanta, is where the chemical materials unit of SK, South Korea’s energy-to-telecom conglomerate, built its first U.S. production facility in 1999 as a PET film developer. More than two decades thereafter, SKC is building a new facility on the same [...]
SEOUL, Dec. 25 (Korea Bizwire) — SKC Co., a chemical materials unit of SK Group, said Sunday it will present a range of key products, including a semiconductor glass substrate, battery-grade copper foil and bioplastics, at an upcoming U.S. tech exhibition next week. The glass substrate, considered a “game changer” in semiconductor packaging, will be [...]
SEOUL, July 8 (Korea Bizwire) — SKC Co., a chemical unit of South Korea’s No. 2 conglomerate, SK Group, has begun the construction of a battery copper foil factory in Poland, in what will be its largest such production facility as it bolsters the electric vehicle (EV) battery component business. SKC and its wholly owned [...]