| Lubricant market for EVs expected to grow six times by 2025 in line with the explosive expansion of the EV market.   Recently, the global mobility market is transforming rapidly to EVs. Market research firm IHS estimates that the EV market will include about 3.94 million vehicles this year. It is predicted that ...

  Last year, despite the global pandemic and the overall recession in oil industry, SK Lubricants recorded an outstanding performance as the top player in the lubricant industry.   For years, SK Lubricants has been standing firm as the world’s No. 1 provider of Group III lube base oil with its YUBASE brand.   The ...

■ SK Innovation successfully closed the deal of selling 40% stake in SK Lubricants   SK Innovation announced on April 28th that it has successfully sold its 40% stake in SK Lubricants, which has been recognized for its business feasibility in the financial market as well. The counterparty that will acquire the stake is IMM ...

  SK Lubricants’ engine oil brand SK ZIC and SK Energy’s gasoline brand SK EnClean were selected as the Golden Brands of the “Korea Brand Power Index (K-BPI) 2021” supervised by Korea Management Association Consulting (KMAC).   The Golden Brand is awarded to the representative brands of each industry, which has ranked No.1 for more ...

  | SK Lubricants’ profit parade in all quarters of 2020 despite the gloomy oil market and COVID-19 pandemic   As previously reported in SK Innovation’s announcement of last year’s business results, SK Lubricants has made remarkable records despite various obstacles of the pandemic and the overall recession in oil industry. In particular, the company ...

  SK Lubricants, a subsidiary of SK Innovation, has once again won the hearts of the Chinese consumers. The company has received the Most Welcomed Brand Award at The 3rd China Automotive After Sales Channel and Parts Supply Chain Union Top Awards Ceremony in 2020 hosted by AC Motors in Shanghai on August 4th.   ...

  SK Lubricants, a subsidiary of SK Innovation, is captivating Chinese consumers through online communications. Based on various ideas from the members of SK Lubricants, the company began to communicate more closely with consumers by making their own videos and sharing them on Douyin – the Chinese version of Tik Tok, as well as introducing ...

‘SK Lubricants signed a 49% of equity purchase agreement with Mekong, Vietnam’s largest private lubricants company’   On February 9, SK Innovation announced its subsidiary SK Lubricants signed an agreement to acquire 49% of stakes in Mekong Petrochemical, Vietnam’s largest private lubricants enterprise, with 30 officials of both companies including CEO of SK Lubricants, Cha ...

■ To implement the Green Balance strategy by expanding eco-friendly products such as developing lubricants for EV and HEV ■ To launch a new eco-friendly lubricant with excellent wear resistance, fuel efficiency, and emission reduction in the second half of this year ■ CEO Jee Dong-seob: “We will lead the creation of environmental SV by ...

■ SK Innovation CEO & President Kim Jun announces “ruthless innovation for a happier future” in press conference – “Negative environmental SV” connected to growth in “Green Balance” for a turning point in further growth ■ Developing e-mobility and energy solution businesses based on globally competitive batteries – New growth industries like battery, material, and ...

  ※ The figures for 2018’s 4th quarter (4Q) contained within this article have not undergone external accounting review and, thus, may be subject to change.   01| SK Innovation publishes management results for 2018   SK Innovation has published its management results for the year of 2018.   SK Innovation has published its 2018 ...