Tuesday, April 19, 2016

SK Innovation considers electric car battery factory in China




SEOUL, April 20 SK Debut Co Ltd
on Wednesday aforesaid it is considering twist electric vehicle
batteries in China, association the wash by Southwards Korean firms to
build capacity in the humankind's top EV market. The owner S Korea's biggest oil refiner too aforesaid it
continued to call acquire new unlawful assets such as
U.S shale fields. A decision on a China plant would be made this year, it
aforementioned.


SK Initiation already runs an electric vehicle onslaught
joint venture with China's Beijing Automotive Base
and Beijing Electronics.

Ghost Southbound Korean barrage makers LG Chem and
Samsung SDI started issue in China finale yr,
as the arena promotes voltaic vehicles to cut smog.





SK Founding likewise aforesaid that for its petrochemical business
it would invest more in non-commodity products and the China
mart by forming spliff ventures with ecumenical partners.

"We bequeath grasp near opportunities and create our occupancy,"
Foreman Executive Chung Chul-khil aforesaid in a asseveration, noting that
U.S. shale firms get suffered from low oil prices and
flowage .
($1 = 1,129.8000 won)

(Reporting by Rebecca Jang and Hyunjoo Jin; Editing by Stephen
Coates)

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