SKC to Pursue Sale of Polyurethane Material Subsidiary SK PU Core
SKC is pushing forward with the sale of SK PU Core, its polyurethane raw material business subsidiary.
![[Image source=Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2021012708483646610_1611704916.jpg)
According to industry sources on the 12th, SKC has decided to sell SK PU Core and is negotiating with multiple potential buyers.
Established in 2015 as a joint venture between SKC and Mitsui Chemicals, SK PU Core became a wholly owned subsidiary of SKC in 2021 after the joint venture agreement ended and assets were recovered. The company focuses on eco-friendly polyurethane raw materials such as recycled polyols and bio-based polyols.
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Previously, SKC sold its film and processing business to the domestic private equity firm Hahn & Company for 1.6 trillion won last year.
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