August 30, 2008

SK Networks completes steel processing facility in China

South Korean trading company SK Networks Co announced that it has finished on building a new steel processing plant in eastern China to form an alliance with POSCO.

The annual capacity of SK Networks is 140,000 tonnes of steel products utilized for manufacturing liquid crystal displays, digital video discs and personal computers at the plant in Pinghu of Zhenjiang Province.

SK supplies the plant with information and technology and to other electronics companies in eastern China as well.