SK Capital completed the acquisition of the specialty polymers business from Baker Hughes.

SK Capital, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, completed the acquisition of the specialty polymers business from Baker Hughes, an American international industrial service company. Financial terms were not disclosed. "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," Mario Toukan, SK Capital Managing Director.