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Covid-19: Industries in crisis as Korea imposes restrictions to combat 4th wave
khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
Hyundai Motor to invest in Solid Energy Systems, a next-gen battery company
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Hyundai Motor to invest in Solid Energy Systems
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SK Corp, the holding company of SK Group, has made a strategic investment in Monolith, a US company that has developed a plasma-based process to produce “cyan” hydrogen between green (via electrolysis using renewable energy) and blue (conversion of methane accompanied by CO2 capture and storage). As a strategic partner and.
[EXCLUSIVE] SK eyeing acquisition of parts suppliers in Japan
Posted : 2021-05-25 16:40
By Kim Yoo-chul
SK Group, one of Korea s top business conglomerates, is eyeing the acquisition of component and parts suppliers in Japan, according to sources directly involved with the issue, Tuesday.
They said SKC, SK Inc., SK Siltron and SK Materials will invest a total of around 400 billion won into SK Japan Investment, which is an investment arm of SK Group. Each affiliate will invest around 100 billion. The collective investment is primarily aimed at exploring the best possible chances of strengthening the group s core strengths in industrial materials and components by acquiring firms in Japan, if necessary, a high-ranking industry executive told The Korea Times by telephone, adding SK is on track to find strategic and financial investors to establish a matching fund in Japan to hedge its investment risk and raise its bar in acquisitions.