SK holds off indefinitely on petrochem unit stake sale

South Korea's SK Innovation Co. has put on hold indefinitely its plan to sell up to a 49% stake in SK Geocentric Co., formerly known as SK Global Ch...

LG Energy Solution, SK Innovation raise global battery market shares

LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...

Samsung, LG to showcase latest display innovations at IMID

South Korea’s largest display maker Samsung Display Co. and its rival LG Display Co. will boast their latest product innovations at the Intern...

SK's battery unit split-off drives polarized responses

The share price of South Korea's SK Innovation Co. has extended losses following its confirmation on Tuesday of the battery business splif-off plan,...

SK Innovation to split battery unit in October, seeks IPO

South Korea’s top energy company SK Innovation Co. decided to split off its battery business in October with a plan to list the new affiliate ...

SK Innovation turns to PEFs to sell stake in SK Global

South Korea's SK Innovation Co. is tapping private equity firms to sell up to a 49% stake in SK Global Chemical Co. after the chemical raw materials...

Hyundai innovates EV manufacturing with smart factory system

South Korea’s top carmaker Hyundai Motor Co. is making innovations in its electric vehicle manufacturing processes. The company on July 1 reve...

SK Innovation to split battery unit, eyes Nasdaq debut as it goes greener

South Korea’s SK Innovation Co. said on Thursday it is considering a spin-off of its battery business and listing the separated entity on the ...

Secondary PE deals headed for record year: Pomona Capital

Secondary private equity deals have been the fastest-growing segment of the private equity market for several years and this year, they could exceed...

SK Innovation in CO2 capture, storage technology project

SK Innovation Co. signed an agreement on May 26 to participate in South Korea's first government-led project to develop carbon capture and storage (...

SK Innovation, Ford agree to launch $5.3 bn EV battery JV in US

South Korean battery maker SK Innovation Co. and Ford Motor Co. have agreed to launch a 6 trillion won ($5.3 billion) joint venture to support the U...

SK Innovation eyes strong battery orders after returning to Q1 profit

SK Innovation Co., a major South Korean oil refiner and battery maker, has returned to an operating profit in the first quarter, boosted by gains in...

SK Innovation set to flex muscle with $4 bn in new cash

SK Innovation Co., South Korea's leading electric vehicle battery maker, is on course to raise more than 5 trillion won ($4.5 billion) this year fro...

Hyundai Motor, SK Innovation join forces on hybrid car battery development

South Korea-based automakers Hyundai Motor Co., KIA Corp. and electric vehicle battery maker SK Innovation Co. have joined forces to jointly develop...

ITC rules in favor of SK Innovation over LG Energy in US battery patent suit

The International Trade Commission (ITC) has ruled in favor of SK Innovation Co. in a US battery patent suit filed by LG Energy Solution Ltd., which...

BTS label cites fan-tailored innovation as key to success

Fan-tailored innovation is the crux of the success behind K-pop sensation BTS' label, according to Lenzo (Seok-jun) Yoon, chief executive of Big Hit...

SK Innovation board says no costly settlement with LG

SK Innovation Inc.’s board members on Thursday advised the South Korean electric vehicle battery maker not to pay hefty compensation for a set...

SK Innovation divests of stakes in US shale oil fields

SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line with its parent group's efforts to...

SK Innovation’s Q4 EV battery business revenue hits record high

South Korea’s SK Innovation Co. on Friday posted record sales revenue in its electric-vehicle battery business in the fourth quarter of 2020 a...

SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn

SK Innovation Co. will build its third electric-vehicle battery plant in Hungary for $2.29 billion, aiming to grab a greater share of the fast-growi...

SK Innovation buys 13% stake in China’s EV battery-swap station operator

SK Innovation Co. has signed a deal to acquire a 13% stake in a Chinese electric vehicle battery-swap station operator, as the South Korean company ...

K-startup products sweep CES 2021 innovation awards honors

A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the wor...

SK Innovation to raise $920 mn for US battery plant expansion

South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...

SK Innovation partners with EVE to launch third battery plant in China

South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...

SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot

SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...

Hyundai Motor begins Singapore innovation lab construction

Hyundai Motor Co., South Korea’s biggest automaker, has begun building an innovation lab in Singapore as part of its efforts to explore new mobi...

SK Innovation’s battery arm secures $258 mn in pre-IPO placement

SK Innovation Co.’s wholly owned subsidiary SK IE Technology Co. (SK IET) is set to fetch 300 billion won ($257.6 million) in a pre-IPO placemen...

SK Innovation to supply batteries to Hyundai’s IONIQ 7

SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...

NO EDIT, NO PUBLISHING. Trump-driven energy boom spurs Korean firms to hike US gas investments

 EnergyCorporate strategy, Carbon neutrality, Petrochemicals, Chemical industry, SK_Innovation, SK_Innovation_E&S, SK_Group, LNG, Australia, ...