SK Innovation to invest up to 3t won in 2017 to boost growth
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Seoul
SK INNOVATION Co Ltd, which owns South Korea's top refiner SK Energy, said on Sunday it will spend up to three trillion won (S$3.59 billion) in chemicals, oil exploration and battery businesses to boost its global growth.
Kim Joon, president of SK Innovation, said in a statement that the investments would target new growth options and innovate its business, even though 2017 is expected to be a tough business environment.
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