SK chemicals Site Manager
SK chemicals Founds SK Petrochemical
- PTA/DMT lines spun off to a new corporation - Enhance competitiveness by selecting and concentrating - 100%-owned subsidiary formed by physical division |
SK chemicals (CEO-cum-Vice Chairman Kim Chang-geun) has founded a new subsidiary corporation SK Petrochemical, by separating its petrochemical unit to enhance competitiveness through a selection and concentration strategy.
SK Petrochemical has been organized as an independent corporation, 100%-invested by SK chemicals as a physical division.
SK chemicals has decided to set up a specialized accountability-oriented management system based on the characteristics of PTA/DMT, its petrochemical lines.
Changes in connection with the SK Petrochemical organization include:
- New corporation: SK Petrochemical Co., Ltd.
- Date: Early December 2005.
- Estimated sales and employees: 450 billion won in 2006, 110 persons.
- Main products: 580,000 tons of PTA/DMT each year.