SK Innovation Company Description

SK Innovation Co., Ltd., together with its subsidiaries, engages in the development, production, and sale of petroleum, natural gas, petrochemical, lubricants, and base oil products.

It operates in six segments: Petroleum and Petrochemicals, Lubricants, Battery and LiBS , E&P, E&S and Others.

The company is also involved in insurance, power, district energy, renewable, city gas, LNG, manufacturing, trading, and oil exploration businesses; storage and sale of petroleum products; manufacturing of industrial gas and separator for secondary batteries; operating gas station and sports club; selling asphalt; issuance and redemption of floating securities; evaluation, certification, manufacturing, and selling of lithium battery; collection and disposal of waste batteries; invests in carbon capture and storage, as well as in equity; and installation of electric wire.

In addition, it provides business consulting, resource development, information and communication, transporting, and software development services.

Further, the company offers energy solution; and operates in hydrogen industry. It operates in South Korea, Asia, Europe, the United States, and internationally.

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.