SK innovation

SK Innovation has been leading Korea’s energy industry for more than 50 years. Determined to become an energy company with world-class technologies, SK Innovation dreams a bigger dream: Using green technologies to build a healthier planet. Taking innovative steps, SK Innovation intends to cultivate its expertise in existing businesses, find new growth engines, and ultimately become a "Technology-driven Innovative Company."SK Innovation operates through six subsidiary companies: SK Energy, SK Incheon Petrochemical, SK Trading International, SK Global Chemical, SK Lubricants, and SK IE Technology. Their independent management structure enables each company to respond rapidly to changes in the global business environment and expedite growth through a fast decision-making process. Each company executes its own business strategy, consistent with its vision and optimized for its unique environment.SK Innovation’s new Battery Business is fitted with the entire value chain for mid/large-sized Li-ion battery production from electrodes and separators to battery cells and packs. SK Energy is the largest oil refiner and marketer in Korea. In July 2013, SK Incheon Petrochemical and SK Trading International were established. Both were previously part of SK Energy. SK Incheon Petrochemical focuses on high value-added petrochemical products including paraxylene, while SK Trading International trades petrochemical and crude oil products. SK Global Chemical, a global leader in the green chemicals and life sciences, is especially active in the burgeoning Asian market. SK Lubricants is a global leader in the base oil and lubricant market through affiliations with major European, North American and Asian companies. SK IE Technology established a foothold to become a global material solution company for information and electronic materials as it was physically divided from SK Innovation in April 2019 to quickly respond to a changing business environment.