Korea Joongang Daily
Korea JoongAng Daily

SKC sells fine ceramics business to private equity firm

SKC is selling its fine ceramics business to Hahn & Company for $267 million. The move is part of SKC's efforts to transition its business portfolio from chemicals to components.

2023-10-31

SKC sells polyurethane subsidiary to equity firm in $304M deal

The chemical material supplier’s board of directors approved the decision to sell 100 percent shares of SK pucore, a polyurethane manufacturer, to Glenwood Private Equity, a Seoul-based private equity firm, on Thursday.

2023-10-13

SKC to invest $70 million in smart glass company Halio

SKC is set to invest $70 million in Halio, a California-based smart glass company, to enhance its eco-friendly materials business. Halio's Smart Window technology uses electrochromic technology to optimize natural light and reduce energy consumption.

2023-09-26

SKC to build world's largest biodegradable plastic plant in Vietnam

Korean company SKC announced plans to build the world's largest biodegradable plastic plant in Vietnam, with an annual production capacity of up to 70,000 tons.

2023-09-25

SK enpulse sells chip processing business to focus on value-added areas

SK enpulse, a chip material subsidiary of SKC, is selling off its Chinese chip business to focus on value-added areas, aiming to streamline its business structure.

2023-09-13

SKC buys stake in U.S.-based chip packaging startup Chipletz

SKC, the material and chemical unit of SK Group, said Monday it acquired 12 percent of Austin, Texas-based chip packaging firm Chipletz amid growing demand for packaging technology.

2023-09-11

SKC slumps into the red with 37 billion won Q2 loss

SKC posted a disappointing 36.9 billion won ($28 million) of operating loss in the second quarter, citing sluggish demand for chemicals.

2023-08-09

SK Nexilis signs copper foil deal with German battery maker

SK Nexilis has inked a deal with Germany’s Varta to supply copper foil, a critical battery material in making electric vehicle batteries.

2023-08-07

SKC-Toyota Tsusho joint venture to target EV market in U.S.

SKC will form a joint venture with Japan's Toyota Tsusho to produce battery materials in North America, aiming to dive into the world's most burgeoning electric vehicle market.

2023-07-31

SKC in talks for $310M sale of fine ceramic business

SKC is in talks with Hahn & Company, a Korean private equity investment firm, to sell its fine ceramic business.

2023-07-11