SK Ecoplant seeks to sell waste treatment business for $1.4 billion

Q: How long will it take to read this news story?

The story "SK Ecoplant seeks to sell waste treatment business for $1.4 billion" has 569 words across 26 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "SK Ecoplant seeks to sell waste treatment business for $1.4 billion" was covered 2 hours ago by Korea Economic Daily, a news publisher based in South Korea.

Q: How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news. The outlet is headquartered in South Korea and publishes an average of 8 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26102433</li><li>URL: https://chronographically.beamstart.com/news/sk-ecoplant-seeks-to-sell-17393586595483</li></ul>

Korea Economic Daily Logo Korea Economic Daily 2h ago

SK Ecoplant seeks to sell waste treatment business for $1.4 billion - Korea Economic Daily

Quick Summary:

SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, is seeking to dispose of its waste treatment businesses five years after spending 2 trillion won ($1.4 billion) to place them under its wings to transform into a climate solution company.

With the waste management subsidiaries, SK Ecoplant now runs Korea’s largest waste management business but its effort to create synergy between the environment business and its other mainstay businesses – construction engineering and energy – has not paid off.

Its electronic/electric waste and battery recycling and IT asset disposition (ITAD) business, SK Tes, is not put up for sale.“We are currently reviewing tender offers from multiple PEFs,” SK Ecoplant responded on Wednesday when asked about its potential sale of the waste management business.