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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, May 15 (Korea Bizwire) — SK Innovation Co., South Korea’s top oil refiner, said Wednesday it will invest 580 billion won (US$487 million) to build an electric vehicle (EV) battery plant in China. In a regulatory filing, SK Innovation, a latecomer to the EV battery sector, said that it will set up a new [...]
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 [...]
SEOUL, May 7 (Korea Bizwire) — SK Innovation Co., a latecomer to the electric vehicle battery market, joined the ranks of the world’s top 10 players in terms of sales during the first quarter of the year, industry data showed Tuesday. According to the data by SNE Research, a market researcher on renewable energy, SK [...]
SEOUL, Apr. 4 (Korea Bizwire) — SK Innovation Co., a latecomer to the electric vehicle battery market, joined the ranks of the world’s top 10 players in terms of sales, industry data showed Thursday. According to the data by SNE Research, a market researcher on renewable energy, SK Innovation, also the country’s leading oil refiner, [...]
SEOUL, Apr. 2 (Korea Bizwire) — SK Innovation Co., a major electric vehicle (EV) battery maker, has signed a deal to secure a key material used for high-capacity EV batteries, industry sources said Tuesday. According to the sources, SK Innovation has signed the deal to secure lithium hydroxide from Tianqi Lithium Kwinana (TLK), in Australia, [...]
SEOUL, Mar. 27 (Korea Bizwire) — SK Innovation Co., South Korea’s largest refiner by sales, said Wednesday that it will invest 430 billion won (US$380 million) to build a lithium-ion battery separator (LiBS) plant in Poland, in a bid to meet growing demand for electric vehicle batteries. The company, also a major EV battery maker, [...]