SK Global Chemical Reports Fall in Operating Profits

SK Innovation (Seoul), formerly SK Energy, says that its petrochemicals business, SK Global Chemical, recorded operating profits of won129 billion ($122 million) and sales of won4.18 trillion in the second quarter of 2011. The petrochemicals business recorded operating profits of won150 billion and sales of won3.2 trillion in the second quarter of 2010. SK Energy spun off its petrochemical, refining, and lubricants businesses into separate, wholly owned subsidiaries earlier this...

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