SK Chemical Sells Machinery, Equipment, and Goodwill for 38.5 Billion KRW
[Asia Economy Reporter Ji Yeon-jin] SK Chemicals announced on the 27th that it has decided to dispose of part of the land and machinery located in Nam-gu, Ulsan, valued at approximately 121.9 billion KRW based on the book value as of the end of March this year, to HDC Hyundai EP for 38.5 billion KRW.
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The company explained, "We will pursue the sale of the business due to limitations in profitability improvement and financial burdens."
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