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    Breaking News

    SK Capital Agrees to Acquire Specialty Polymers Business from Baker Hughes

    The transaction is expected to close in the second half of 2020.

    Ink World staff07.29.20
    Funds advised by SK Capital Partners, LP, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, announced it has signed a definitive agreement to acquire the specialty polymers business from Baker Hughes.
     
    The specialty polymers business, with manufacturing operations in Barnsdall, OK, produces specialty low molecular weight olefin polymers, including a range of differentiated functional polymers and premium, high melting point polyethylene waxes.
     
    "The specialty polymers business is a pioneer in the development of specialized polymerization technologies. We see tremendous opportunity for growth by further developing functional, solutions-oriented products that solve problems and create significant value for customers," said Mario Toukan, a managing director of SK Capital.
     
    The transaction is expected to close in the second half of 2020. 
     
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    CURRENT ISSUE

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