SK Trading International (SKTI), a wholly owned subsidiary of SK Innovation, announced today it has closed a round of institutional funding into Infinium, a clean fuels innovator.   Incorporated in Sacramento, California in 2020, Infinium possesses liquid fuel synthesis technology and develops a production technology that synthesizes hydrogen and carbon dioxide into ultra-low carbon transportation ...

    Known as the Gateway to Asia, Singapore is also the busiest transshipment port in the world.   According to the Maritime and Port Authority of Singapore, the port of Singapore handled about 37.5 million TEU (20 foot equivalent unit) containers last year, and as transshipment volume increased, bunker sales exceeded the 2019 and ...

■ SK Trading International may purchase up to 200,000 barrels of net-zero oil per year for five years to develop net-zero products, such as lower-carbon aviation fuel ■ Net-zero oil is expected to be created by Occidental using environmental attributes generated from carbon dioxide (CO2) removed from the atmosphere by 1PointFive’s planned Direct Air Capture ...

■ Officially declaring at the Financial Story briefing session attended by all the company executives including SK Innovation CEO & President Kim Jun – Unveiling “Innovation Completion” plan for 2021, the third innovation plan following “Innovation Direction” in 2017 and “Innovation Strategy” in 2019 ■ Aiming to complete innovation with “Carbon to Green” strategy, a differentiated ...