SK Innovation Co Ltd - Company Profile
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SK Innovation Co Ltd (SK Innovation), a subsidiary of SK Inc., is a comprehensive energy company in the Asia-Pacific region. The company engages in a wide range of activities, including petroleum and chemical production, LNG, power generation, and battery manufacturing. SK Innovation's major products include eco-friendly gasoline, diesel, kerosene, aviation fuel, naphtha, olefins, aromatics, lubricant base oils, and batteries for electric vehicles. The company's products serve various industries, including automotive, packaging, and energy sectors, catering to both domestic and international markets. It utilizes a distribution network comprising distributors, direct sales, and exports to reach its customers. SK Innovation operates globally, with significant markets in the US, Europe, China, and other regions. SK Innovation is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
Sk Bldg., 26, Jong-Ro, Jongno-Gu, Seoul, 03188
Website
www.skinnovation.com
Telephone
82 2 21215114
No of Employees
1,419
Industry
Energy and Utilities
Ticker Symbol & Exchange
096770 (KRX)
Revenue (2024)
$56.5B
8.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-48.1%
(2024 vs 2023)
Market Cap*
$19.3B
Net Profit Margin (2024)
XYZ
-37.2%
(2024 vs 2023)
* As of and is in US$
SK Innovation Co Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Oil and Natural Gas | ZIC |
| Lithium-Ion Battery | YUBASE |
| Tri-Acetate Cellulose Film | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In August, SK On entered into a long-term strategic agreement to deliver 9gigawatt-hours (GWh) of lithium iron phosphate (LFP) battery cells to NeoVolta Power. |
| 2026 | Regulatory Approval | In August, the company’s board of directors approved the proposal to merge with SK IE Technology. |
| 2026 | Contracts/Agreements | In August, the company signed a 9 GWh LFP Cell Supply Agreement with NeoVolta Power. |
Competitor Comparison
| Key Parameters | SK Innovation Co Ltd | Idemitsu Kosan Co Ltd | GS Caltex Corp | LG Chem Ltd | S-Oil Corporation Inc |
|---|---|---|---|---|---|
| Headquarters | South Korea | Japan | South Korea | South Korea | South Korea |
| City | Seoul | Chiyoda-Ku | Seoul | Seoul | Seoul |
| State/Province | Seoul | Tokyo | Seoul | Seoul | - |
| No. of Employees | 1,419 | 14,392 | 3,174 | 17,389 | 2,865 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Park Jin-hei | Director; Chairman | Executive Board | 2023 | 69 |
| Choo Hyung-wook | Director; President; Chief Executive Officer | Executive Board | 2024 | 52 |
| Jang Yong-ho | Director; President; Chief Executive Officer | Executive Board | 2026 | 62 |
| Seo Geon-gi | Chief Financial Officer; Vice President | Senior Management | - | 54 |
| Kang Dong Soo | Director | Executive Board | 2025 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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