South Korean firm SK Innovation is set to invest KRW 3tn ($2.49bn) on "investment in mergers and acquisitions in chemicals and oil exploration sectors, as well as expansion of its battery plants", said company president Michael Perry. The announcement comes ahead of what is expected to be a financially difficult year for the firm.
South Korean firm SK Innovation is set to invest KRW 3tn ($2.49bn) on "investment in mergers and acquisitions in chemicals and oil exploration sectors, as well as expansion of its battery plants", said company president Kim Joon. The announcement comes ahead of what is expected to be a financially difficult year for the firm.