1
Home
Companies

SK Innovation

#1729

Rank

$9.85B

Marketcap

South Korea

Country

SK Innovation
Leadership team

Mr. Chang-Geun Kim (Chairman)

Mr. Jun Kim (CEO, Pres & Exec. Director)

Mr. Yang-Sub Kim (Chief Financial Officer)

Products/ Services
Energy, Oil and Gas, Renewable Energy
Number of Employees
1,000 - 20,000
Headquarters
Seoul, Seoul-t'ukpyolsi, South Korea
Established
1962
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
096775.KS
Social Media
URL
https://www.skinnovation.com
Overview
Location

Summary
History
Mission
Vision
Key Team
Recognition and Award
References
Summary
SK Innovation Co., Ltd., together with its subsidiaries, operates as an energy and chemical company worldwide. It operates through Petroleum, Petrochemicals, Lubricants, Battery, LiBS, and Others segments. The company explores for and produces crude oil; produces fuels, such as gasoline, diesel, and kerosene; and base oil, lubricants, basic chemicals, asphalt and naphtha, chemical solvents, and synthetic rubber products, as well as imports crude oil and naphtha. It also manufactures lithium batteries, which include electrodes and separators, battery cells, packs, and modules for use in electric vehicles, UPS, and renewable energy/smart grids. In addition, the company offers business consulting, insurance, manufacturing, transportation, trading, and equity investment services, as well as certification and evaluation services for lithium batteries. The company was formerly known as SK Energy Co., Ltd. and changed its name to SK Innovation Co., Ltd. in January 2011. SK Innovation Co., Ltd. was founded in 1962 and is headquartered in Seoul, South Korea.
History

SK Energy was established in 2007 by splitting South Korea's top refiner SK Corporation into an energy operation and holding company. SK Energy handled the energy and chemical businesses, while SK Holdings was in charge of investing in subsidiaries and the life science sector.SK Innovation was created through a restructuring of SK Energy in 2011. The original SK Energy has renamed itself SK Innovation after spinning off its oil refining, lubricants, and chemical businesses. In the beginning, SK Innovation has set up three fully-owned units, including SK Energy , SK Lubricants, and SK Global Chemical. After two years, SK Innovation spun off SK Energy's Incheon refinery complex and oil trading division and launched SK Incheon Petrochem and SK Trading International. In 2019, the company decided to spin off its material division and established SK IE Technology.

On 1 October in 2021, SK Innovation officially completed the spin-off of its battery business, which is called 'SK On'. In the first half of 2022, SK On is ranked fifth in the world with a market share of 7 per cent according to SNE research.

Mission
SK Innovation's mission is to become a global leading energy and chemical company by providing integrated solutions that create value and drive innovation in the energy and chemical industries.
Vision
SK Innovation's vision is to develop sustainable solutions that create a more secure and prosperous world.
Key Team

Mr. Sung-Hee Lee (Chief of Legal Office)

Mr. Hang-Su Lee (Chief of PR)

Mr. Joon Ho Kim (Exec. VP of Ethics Management Office)

Ms. Sun-Hee Kang (Head of Sustainability Management Division)

Mr. Tae-won Chey (Chairperson)

Mr. Taewon Kim (Head of E&P North America Division)

Mr. Young Kyun Jeong (Head of Oil & Lubricant Laboratory)

Recognition and Awards
SK Innovation has been recognized by many organizations for its commitment to innovation, sustainability, and social responsibility. Among the awards it has received are the Grand Prize from the Korea Corporate Governance Service, the Prime Minister’s Award from the Prime Minister of South Korea, and the Edison Award for Corporate Sustainability awarded by the Edison Awards.
References

https://en.wikipedia.org/wiki/SK_Innovation

https://in.investing.com/equities/sk-innovation

https://finance.yahoo.com/quote/096770.KS/profile?p=096770.KS

https://www.crunchbase.com/organization/sk-innovation

https://companiesmarketcap.com/

https://www.skinnovation.com

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

SK Innovation
Leadership team

Mr. Chang-Geun Kim (Chairman)

Mr. Jun Kim (CEO, Pres & Exec. Director)

Mr. Yang-Sub Kim (Chief Financial Officer)

Products/ Services
Energy, Oil and Gas, Renewable Energy
Number of Employees
1,000 - 20,000
Headquarters
Seoul, Seoul-t'ukpyolsi, South Korea
Established
1962
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
096775.KS
Social Media
URL
https://www.skinnovation.com