Korea South
SK Innovation is a prominent player in the energy industry, serving as the largest private energy company in the Asia-Pacific region for over 60 years. The company's vision is to emerge as a leading "Total Energy & Solution Company," with a diverse portfolio encompassing oil & chemicals, LNG, power, batteries, energy solutions, and renewable energy. An integrated approach to technology and capabilities allows SK Innovation to offer customized Energy Solution Packages, facilitating the expansion of its market and customer base.
The company's operations are facilitated through eight subsidiaries: SK Energy, SK Geo Centric, SK On, SK Enmove, SK Incheon Petrochem, SK IE Technology, SK Earthon, and SK Enterm, in addition to SK Innovation E&S, a Company-in-Company (CIC). Adhering to an independent management structure allows swift adaptability to global business changes and facilitates rapid decision-making to accelerate growth.
SK Energy holds the distinction of being Korea's first and largest oil refiner, while SK Incheon Petrochem specializes in high-value-added petrochemical products. SK Geo Centric is a pioneer in the circular economy within the plastic value chain, and SK Enmove is recognized as a leader in lubricants and base oil, aspiring to be an "Energy Saving Company." SK IE Technology leads in wet process separator markets as a global material solution provider.
SK On focuses on developing and manufacturing electric vehicle batteries, contributing to a cleaner, more convenient world. SK Earthon, the first Korean company to secure oil fields, is expanding its presence in China and Southeast Asia, while SK Enterm plays a crucial role in oil cargo logistics, managing storage and handling efficiently.
The most recent venture round investment in SK Innovation took place on 01 October 2020, with Premier Partners being the major investor. The company's commitment to green energy and materials positions it as a compelling prospect in the ever-evolving energy and renewable energy industries.
