# SK Chemicals sells PPS business to HDC Hyundai Engineering Plastics

SK Chemicals agreed to sell its polyphenylene sulfide (PPS) business and production line in Ulsan to HDC Hyundai Engineering Plastics for 38.5 billion won (US$32.8 million).

- Type: Acquisition
- Announced: 2021-10-27
- Where: Ulsan, South Korea, South Korea
- Value: $32.8M (38.5B KRW)
- Status: announced
- Products: polyphenylene sulfide (PPS)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SK Chemicals](https://endata.com/companies/11373.md) (target)
- [HDC Hyundai Engineering Plastics](https://endata.com/companies/58754.md) (acquirer)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20211027010400320), 2021-10-27: "SK Chemicals Co. said Wednesday it will sell its polyphenylene sulfide (PPS) business to HDC Hyundai Engineering Plastics Co."

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