Korea (South)eng.skinnovation.com
Its roles Owner Technology / equipment supplier
SK Innovation Co., Ltd. is a South Korea–based energy and chemicals company within the SK Group. It oversees a portfolio spanning petroleum refining and marketing, petrochemicals, and lubricants, alongside advanced materials and battery businesses. Through major subsidiaries, the company operates across the full value chain, from refining and basic chemicals to specialty products and next‑generation energy technologies.
In chemicals, SK Innovation (via SK geocentric and related units) produces olefins, aromatics, and downstream derivatives used in plastics, packaging, and industrial applications, as well as premium base oils and lubricants. In new energy materials, the company is active in electric-vehicle battery technologies through SK On and manufactures lithium‑ion battery separators via SK IE Technology. It maintains R&D programs focused on high‑performance materials, safety, and process efficiency, and is advancing initiatives in recycling and circular solutions. SK Innovation serves automotive, electronics, mobility, and industrial customers globally with manufacturing and technology operations in Asia, Europe, and the Americas.
chemXplore tracks 2 projects involving SK Innovation.
The record holds 2 completed projects.
The 2 that are completed, on hold or cancelled are in the record. See all 2 in chemXplore
Improved export margins and record lubricants profits drove quarter; battery unit loss narrowed despite lower sales, while ESS orders and LFP supply deals in North America strengthen outlook.
ESS met strengthened UL 9540A large-scale-fire criteria; no thermal runaway in adjacent container; SK On will push global ESS expansion and convert 3 GWh to LFP lines.
Production started Sept 27 ahead of schedule; field holds ~60 million barrels recoverable and could reach 25,000 bpd. Nearby Lac Da Trang well found 56 m of oil-bearing reservoir at 3,834 m.
KRW 160 billion of third-generation high-density LFP cathode to be delivered 2026–2028 for ESS cells at Seosan and Georgia plants.
Five-year 9 GWh LFP pouch-cell supply runs 2027–2031; reciprocal pack purchases and an extra 9 GWh lift total partnership to 18 GWh to serve U.S. BESS demand.
Absorption aims to strengthen the separator business’ finances and cut costs; shares to be issued to subsidiary shareholders; merger effective Jan 1, 2027.
Long-term supply and distributorship for premium Group III base oils in North America to expand market access amid tightening global supply.
Investing KRW 1.13 trillion, the new plants will boost annual separator production to 1.54 billion m2 in Poland, addressing rising EV battery demand and enhancing safety standards.
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