[THE INVESTOR] SK Global Chemical said on Dec. 18 that it has completed its acquisition of Dow Chemical’s unit.
SK Global Chemical bought Dow Chemical‘s polyvinylidene chloride business for US$75 million. PVDC is used for clear, barrier film packaging.
The acquisition is the latest in a series of deals by SK Group.
Early this year, SK Global Chemical took over Dow Chemical’s ethylene acrylic acid business for US$370 million in a move aimed at diversifying its business portfolio.
By Alex Lee and newswires (
alexlee@heraldcorp.com)