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. Its 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.
SK Innovation Co Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Lithium-Ion Battery | YUBASE |
| Oil and Natural Gas | ZIC |
| 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 April, the company signed an MoU with the National Innovation Center to enhance artificial intelligence ecosystem development. |
| 2026 | Contracts/Agreements | In January, the company entered into a memorandum of understanding with SK On to jointly create and strengthen vanadium ion battery technology for energy storage systems. |
| 2026 | Stake Sale | In January, the company sold a stake in TerraPower to Korea Hydro & Nuclear 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 | - | Tokyo | Seoul | Seoul | - |
| No. of Employees | 2,148 | 13,814 | 3,174 | 14,280 | 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 |
| Park Sang-gyu | Chief Executive Officer; Director; President | Executive Board | - | 62 |
| Seo Geon-gi | Chief Financial Officer; Vice President | Senior Management | - | 54 |
| Choo Hyung-wook | President; Director | Executive Board | 2024 | 52 |
| Kang Dong Soo | Director | Executive Board | 2025 | - |
| 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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