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SK Energy to Restructure Refining and Petrochemical Businesses

3:12 AM MDT | May 25, 2010 | Deepti Ramesh

SK Energy (Seoul) says it has decided to pursue a restructuring plan to help meet challenges amid rapidly changing market conditions. The restructuring plan will allow each of its business divisions to focus on the given industry, by enhancing core competitiveness and gaining flexibility. The refining and petrochemical business division of SK Energy will each position as a separate entity and will focus on strengthening its core business and implementing new growth strategies with the flexibility and autonomy of an independently governed management, the company...

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