SK Innovation Archives | Be Korea-savvy
SK Innovation to Borrow 800 bln Won for Battery Business

SK Innovation to Borrow 800 bln Won for Battery Business

SEOUL, Aug. 15 (Korea Bizwire) – SK Innovation Co., South Korea’s biggest refiner, said Thursday it will borrow 800 billion won (US$658 million) overseas by next year to invest in car battery and battery separator plants. SK Innovation has increased in the battery business as it sees a new growth driver for the country’s third-biggest [...]

SK Innovation Unit to Expand Lithium-ion Battery Separator Output This Year

SK Innovation Unit to Expand Lithium-ion Battery Separator Output This Year

SEOUL, Jul. 24 (Korea Bizwire) — SK ie technology Co., an affiliate of South Korean EV battery producer SK Innovation Co., said Wednesday its lithium-ion battery separator (LiBS) production will start being expanded in October following the completion of new production lines. The company said new production lines at its plant in South Korea will [...]

SK Innovation Affiliate to Quadruple Oil Blending Biz

SK Innovation Affiliate to Quadruple Oil Blending Biz

SEOUL, Jul. 7 (Korea Bizwire) — SK Trading International Co. (SKTI), a subsidiary of South Korea’s largest refiner SK Innovation Co., said Sunday it plans to quadruple its offshore low-sulfur fuel supply business next year to meet increased demand following strict environmental regulations by the International Maritime Organization (IMO). SKTI said it aims to increase [...]

SK Energy to Invest 250 bln Won in Eco-friendly Facilities

SK Energy to Invest 250 bln Won in Eco-friendly Facilities

SEOUL, Jun. 2 (Korea Bizwire) — SK energy Co., a wholly owned unit of the country’s leading refiner SK Innovation Co., said Sunday it will invest 250 billion won (US$209.8 million) to transform its facilities into environment-friendly ones. SK energy, which supplies gasoline, diesel, and liquefied petroleum gas products to local consumers, plans to gradually [...]

SK Innovation to Expand EV Battery Output Capacity to 100 GWh by 2025

SK Innovation to Expand EV Battery Output Capacity to 100 GWh by 2025

SEOUL, May 27 (Korea Bizwire) – SK Innovation Co., South Korea’s top oil refiner, said Monday it will expand its electric vehicle (EV) battery production capacity 20 times more than the current level by 2025 to meet growing demand and expand its presence in the promising market. SK Innovation CEO Kim Jun said the company aims to [...]

SK Innovation Applauds Social Enterprise for Creation of New Whale Doll

SK Innovation Applauds Social Enterprise for Creation of New Whale Doll

SEOUL, May 14 (Korea Bizwire) — Inspired by the abandoned plastic from the stomach of a whale that died in Ulsan, a social enterprise is receiving positive reviews for producing and selling eco-friendly whale dolls that reflect on the protection of the marine environment. SK Innovation Co., South Korea’s top oil refiner, announced on Monday that [...]