SEOUL, June 8 (Korea Bizwire) — SKC Co. said Wednesday it is selling its polyester (PET) film business to a private equity fund for 1.6 trillion won (US$1.27 billion) as it seeks to bolster its drive for battery materials and other eco-friendly sectors. SKC said it signed the stock purchase agreement with Hahn & Company, [...]
SEOUL, June 3 (Korea Bizwire) — SKC Co., a film and chemical materials company of South Korea’s conglomerate SK Group, has said it is considering selling its polyester (PET) film business in what could be an attempt to bolster its drive for battery materials and other eco-friendly sectors. The proposed selling of the PET film [...]
SEOUL, Jan. 27 (Korea Bizwire) — SKC Co., a chemical unit of South Korean conglomerate SK Group, is accelerating its production of next-generation silicon anode material, which can contribute to greatly improving the performance of rechargeable batteries. After recently completing an investment in British battery materials maker Nexeon, SKC said Wednesday it will set up [...]
SEOUL, Nov. 18 (Korea Bizwire) — SKC Co., a chemical unit of South Korea’s No. 3 conglomerate SK Group, said Thursday it will spend 900 billion won (US$760.7 million) to build a battery copper foil factory in Poland, as part of efforts to expand its market presence in Europe. SKC and its battery copper foil-making [...]
SEOUL, Nov. 1 (Korea Bizwire) — SKC Co., a chemical unit of South Korea’s No. 3 conglomerate SK Group, said Monday it will invest US$33 million in a British battery materials maker with two private equity funds and other investors in a bid to tap into the fast-growing sector. SKC will form a consortium with [...]
ATLANTA, Oct. 28 (Korea Bizwire) — The U.S. state of Georgia on Thursday welcomed SKC Co.’s decision to build a glass-based substrate plant there, saying it would help create jobs. Hailing SKC’s decision as an unprecedented big project, Georgia Gov. Brian P. Kemp tweeted that it would help create more jobs and shows the state is [...]
SEOUL, Sept. 24 (Korea Bizwire) — SKC Co., a chemical unit of South Korean conglomerate SK Group, said Friday it will expand its manufacturing capacity for major battery materials to capture a bigger share of the growing segment. SKC said it aims to generate over 80 percent of its earnings from electric vehicle (EV) material [...]
SEOUL, Sept. 17 (Korea Bizwire) — SKC Inc., a chemical manufacturing arm of SK Group, is stepping up to develop and commercialize biodegradable LIMEX, which will dramatically cut down the use of plastic. The company said Thursday that it has joined hands with Japanese eco-friendly materials developer TBM Co. to produce SK TBM Geostone. The [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korean chemicals maker SKC Inc. said Thursday that it was developing a new pyrolysis oil venture that will extract oil from waste plastics. After entering into an agreement with the Ulsan city government in December 2020, the company strived to commercialize the business and formed a partnership with [...]
SEOUL, March 22 (Korea Bizwire) — SKC Inc., the chemical unit of South Korean conglomerate SK Group, said Monday it will spend 700 billion won (US$620 million) to build its first overseas manufacturing factory for copper foil, one of key materials for electric vehicle batteries, in Malaysia. SKC and its copper foil making unit, SK [...]