SK, POSCO agree to develop new lightweight materials for future mobility
Source: kedglobal.com
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SK Innovation divests stakes in US shale oil fields
(Source: Getty Images Bank) SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line with its parent group's efforts to scale back on oil and chemical operations to focus instead on electric vehicle batteries and other eco-friendly businesses. The South Korean refinery and EV battery maker agreed with Texas-based BenchMark Energy Corp. in January of this year to sell the US assets for an undisclosed sum, SK said on Mar. 7. They are set to complete the transaction this month, which industry watchers estimate at several hundreds o...
Source: kedglobal.com