biofuel

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