SK Global Chemical and Brightmark signed an MOU to form a joint venture to construct a commercial-scale plastics renewal plant in South Korea with 100,000 tons annual capacity, using Brightmark's pyrolysis technology.
Arkema has completed the sale of its Functional Polyolefins business to SK Global Chemical. The business had sales of about €250 million/year and 130 employees.
SK Global Chemical delayed by one month its purchase of Arkema's functional polyolefins business for about $370 million, now expected to close May 11, 2020.
Arkema announced its intention to divest its Functional Polyolefins business to SK Global Chemical for an enterprise value of €335 million. The disposal is expected to be finalized in Q2 2020.
SK Global Chemical, a chemical affiliate of SK Innovation, announced it will acquire French chemical firm Arkema's functional polyolefins business for 335 million euros ($369 million). The acquisition includes three France-based production facilities and is expected to be finalized by Q2 2020.
SK global chemical agreed to acquire a 10% equity stake in Loop Industries for $56.5 million and signed a memorandum of understanding for a joint venture to build Infinite Loop facilities in Asia.
SK Global Chemical has acquired Dow Chemical's polyvinylidene chloride (PVDC) resin business, including a manufacturing facility in Michigan and related technologies.
SK Global Chemical, an affiliate of SK Innovation, signed a deal to acquire Dow Chemical's polyvinylidene chloride (PVDC) business for an estimated $100 million.
Dow Chemical Co. agreed to sell its global Ethylene Acrylic Acid copolymers and ionomers business to SK Global Chemical Co., including production assets in Freeport, Texas and Tarragona, Spain, as part of regulatory approval for the Dow-DuPont merger.