SEOUL, Nov. 26 (Korea Bizwire) — SK Innovation Co., South Korea’s top energy-chemical business, said Monday that it will invest 1.14 trillion won (US$1.01 billion) to build an electric vehicle (EV) battery plant in the United States. The company said it has decided to construct the 9.8 gigawatt-hour capacity battery plant in the city of [...]
SEOUL, Nov. 14 (Korea Bizwire) — SK Innovation Co., a South Korean energy-to-construction conglomerate, said Wednesday that it is considering building electric vehicle battery plants in the United States and Europe to meet growing demand for zero-emissions cars. SK Innovation said up to four unidentified areas have been shortlisted for its first plant in the [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s largest petrochemical company has set up its own communication channel in the form of an online media business to relay company information and other industry news. SK Innovation Co. stated yesterday it had created SKinno News in response to a need to directly communicate the latest news [...]
SEOUL, Nov. 2 (Korea Bizwire) — SK Innovation Co. and SK E&S Co. announced yesterday a ribbon cutting ceremony for a new energy storage system (ESS) at Ulsan Complex (Ulsan CLX), SK’s main production center. An ESS captures energy produced at periods when energy consumption is low for use at a later time when energy [...]
SEOUL, Oct. 29 (Korea Bizwire) — SK Innovation Co. announced yesterday that a joint venture between subsidiary SK Global Chemical Co. and China’s state-run China Petrochemical Corp., known as Sinopec Group, had held a race aimed at raising environmental awareness in China. A total of 170 company employees participated in the running exercise held at [...]
SEOUL, Oct. 10 (Korea Bizwire) — SK Innovation Co., South Korea’s top energy-chemical business, said Wednesday it will put a bigger focus on its battery business to achieve a 30 percent share of the global car battery market by 2025. In the January-August period, SK Innovation churned out a total of 428.9 megawatt hours (MWh) [...]
SEOUL, Oct. 7 (Korea Bizwire) — SK Innovation Co., South Korea’s largest refiner by sales, said Sunday that it will invest 400 billion won (US$353.8 million) to build a lithium-Ion battery separator plant in China. The company said it plans to break ground early next year for the plant that will make lithium-ion battery separator [...]
SEOUL, Oct. 1 (Korea Bizwire) — SK Innovation Co. is said to be in the process of pushing for the establishment of a facility that would build electric car batteries in the U.S. According to industry sources, SK Innovation has been considering a few locations in the U.S. deemed suitable for the plant, but the [...]
SEOUL, Sept. 5 (Korea Bizwire) — The immense popularity of bags upcycled from leather products by social enterprise MORETHAN’s fashion bag brand, “CONTINEW” has been heavily covered by the press after being included on the shelves of JDC Duty Free at Jeju International Airport. Ever since CONTINEW, with support from petrol giant SK Innovation, first [...]
SEOUL, Sept. 4 (Korea Bizwire) — SK Innovation, a petroleum refining company, said its subsidiary SK Trading International (SKTI) would expand its production of low sulfur fuel, an environmentally-friendly energy source. Since 2010, SKTI has been renting a mega oil tanker in Singapore, utilizing it as a blending tank to add half-refined materials to create [...]