# SK Capital to buy Baker Hughes specialty polymers business

Private equity firm SK Capital is purchasing the specialty polymers business of Baker Hughes, which operates a plant in Barnsdall, Oklahoma, making low-molecular-weight olefin polymers. The business should be independent by year's end.

- Type: Acquisition
- Announced: 2020-08-02
- Where: Barnsdall, Oklahoma, United States
- Status: announced
- Products: low-molecular-weight olefin polymers, polyethylene waxes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Baker Hughes](https://endata.com/companies/1895.md) (target)
- [SK Capital](https://endata.com/companies/5414.md) (acquirer)

## Sources

- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/SK-buy-Baker-Hughes-polymer/98/i30), 2020-08-02: "The business should be an independent company by year’s end."

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