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Daelim Industrial to acquire US Kraton's chemical business
By YonhapPublished : Oct. 30, 2019 - 20:04
Daelim Industrial Co., a major construction and petrochemical firm in South Korea, said Wednesday it will acquire a chemical business of US Kraton Corp. for 618.2 billion won ($529.9 million).
To acquire the Cariflex business of Kraton, Daelim Industrial will set up a subsidiary in the US, the company said in a regulatory filing.
Daelim Industrial is the No.-3 builder in South Korea in terms of building capacity, according to recent government data. (Yonhap)
To acquire the Cariflex business of Kraton, Daelim Industrial will set up a subsidiary in the US, the company said in a regulatory filing.
Daelim Industrial is the No.-3 builder in South Korea in terms of building capacity, according to recent government data. (Yonhap)
