Through the first part of the speech presented by Head of SK Innovation’s Cell Development Center Lee Jon-ha, he has pointed out the main causes that could lead to fire accidents in EV batteries. To prevent such accidents, SK Innovation has been applying “innovative manufacturing technologies”. Let’s find out what they are through the ...

  Lee Jon-ha, Head of SK Innovation’s Cell Development Center, was invited as a special speaker on the first day of “The Battery Conference 2021” held by the Korea Battery Industry Association on June 9th and 10th. During his presentation under the topic of “Competitive power of pouch-type battery”, Lee spoke about SK Innovation’s battery ...

  Through the previous post, we have introduced some basic definitions, the benefits and public sector’ plans to achieve a circular economy. It goes without saying, the private sector’s role is also highly important to “close the loop.”   In this episode, we will take a closer look at plastic waste – one of the ...

  “The goods of today are the resources of tomorrow at yesterday’s resource prices” (Walter R. Stahel)   Circular economy (or “circularity”) is not a new concept. Some studies stated that the cradle of circular economy dated back in 1970s, some said the concept of it was suggested in 1960s, but when it first emerged ...

  In a report released in December last year, IHS Market, an U.K. based research company, predicted global sales of battery electric vehicles (BEV) and other EVs this year will be about 3.94 million units, an approximately 70% increase compared to the sales of 2020. The competition to be the first to switch to 100% ...

  01 | Good performance is expected to continue in the next quarter   IBK Securities’ analyst, Jeon Chang-hyeon predicted in a report dated May 24th that “This year, SK Innovation’s oil refining business will bounce back, while its battery business will continue to grow further.” “SK Innovation’s refining business, which was dragged down by ...

  | 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 ...

  Recently, carbon capture and storage (CCS) or carbon capture, utilization and storage (CCUS) have appeared more frequently among energy related articles as global concern about environmental issues are growing. According to Carbon Capture and Storage Market Report – Forecast (2021-2026) by IndustryARC, with a CAGR of 29.2% during 5 years from 2021 to 2026, CCS market size ...

  According to the report issued on April 30, researcher Park Han-saem from SK Securities said, “SK Innovation’s value will increase thanks to the improvement of the refining business in the short run, and the expansion of the EV battery and separator business in the long run.” “SK Innovation’s value is evaluated at 37.5 trillion ...

  It’s undeniable since ESG become a significant set of standards for not only investors but also the general public to evaluate an organization, corporates all over the world have been speeding up in enforcing their ESG management in any way possible.   Aside from mandatory disclosure regulations as introduced in the previous episode of ...

  Reflecting the expectation of improved refinery margin and increased EV battery orders, Korean securities firms raised the target stock price of SK Innovation massively on the prospect of favorable performances.   Researcher Baek Young-chan of KB Securities announced in a report dated April 19 that they will raise the target stock price by 10.3% ...

  Sinopec, the second-largest energy company in China, has recently introduced its plan achieve carbon neutrality by 2050, a decade ahead of China’s 2060 net-zero emissions target. The company’s plan was announced by Zhang Yuzhuo, Chairman of Sinopec, during a video conference of annual results 2020 on March 29th.   | Transition into the largest Chinese ...