Kolon Industries Invests 130 Billion KRW in KII-SKM
Kolon announced on the 8th that its subsidiary, Kolon Industries, will invest approximately 129.6 billion KRW in the PET Base film production and sales company (KII-SKM JV).
After the investment, the equity stake will be 18%.
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Kolon stated that the purpose of this measure is to "enhance efficiency related to the film business and strengthen business competitiveness."
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