SK Inc. Invests In Fulcrum BioEnergy To Accelerate Production Of Low-Carbon Fuel From Waste

SK Inc. Invests In Fulcrum BioEnergy To Accelerate Production Of Low-Carbon Fuel From Waste

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The Street

By PR Newswire SEOUL, South Korea, Dec. 16, 2021 /PRNewswire/ — SK Inc., the strategic investment arm of South Korea’s SK Group, announced today that is was part of a $50 million investment in Fulcrum BioEnergy Inc., a U.S.-based waste-to-fuels company. SK Inc. was joined in the investment with a Korean private equity fund. Fulcrum is the first company in the U.S. to produce biofuel on a commercial scale by chemically converting municipal solid waste (MSW) into transportation fuels. SK Inc. plans to enhance its Environmental, Social and Governance (ESG) portfolio with its investment in Fulcru…

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