# Kolon Industries and SK Microworks to form industrial film JV

Kolon Industries will invest 129.6 billion won ($94.2 million) for an 18% stake in a joint venture with SK Microworks, which will hold the remaining 82%. The JV will focus on PET industrial film production.

- Type: Partnership
- Announced: 2024-08-08
- Where: South Korea
- Value: $94.2M
- Status: announced
- Products: PET industrial film
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Kolon Industries](https://endata.com/companies/25976.md)
- [Hahn & Company](https://endata.com/companies/25124.md) (investor)
- [SK Microworks](https://endata.com/companies/79092.md) (partner)

## Sources

- [kedglobal.com](https://www.kedglobal.com/us/chemical-industry/newsView/ked202408090004), 2024-08-09: "We expect the PET film business to take another leap through the strategic partnership with Hahn & 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.