# SK Materials acquires Kumho Petrochemical's electronic materials business

SK Materials has signed an agreement to acquire Kumho Petrochemical's electronic materials business for 40 billion KRW, entering the photoresist material market.

- Type: Acquisition
- Announced: 2020-02-07
- Where: South Korea
- Value: $33.0M (40.0B KRW)
- Status: announced
- Products: photoresist materials, ArF photoresist, KrF photoresist, BARC
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SK Materials](https://endata.com/companies/22283.md) (acquirer)
- [Kumho Petrochemical](https://endata.com/companies/45104.md) (target)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2020020714363082992), 2020-02-07: "SK Materials is acquiring Kumho Petrochemical's electronic materials business and making a full-scale entry into the photoresist (PR) material market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.