
SK Chemical Sells Biofuel Unit to Focus on Materials and Life Science
South Korea’s SK Chemical Co. has agreed to sell its biofuel unit to local private equity fund Hahn & Company to put more resources into its eco-friendly materials and life science business. The Kospi-listed company announced in a Thursday regulatory filing that it signed a contract to sell its entire biodiesel and bio-heavy oil business to Hahn & Company for 380 billion won ($321.1 million). … Continue reading SK Chemical Sells Biofuel Unit to Focus on Materials and Life Science