CCS
SK Energy, SK Earthon join a Korea-Malaysia cross-border cooperation for CCS business with 5 other companies
2022.08.03
■ SK Energy, SK Earthon, Samsung Engineering, Samsung Heavy Industry, Lotte Chemical, GS Energy, and PETRONAS (Malaysia) signed an MOU for Shepherd CCS Project on August 2nd ■ CO2 emitted in South Korea will be transported to Malaysia and injected/stored in ocean storages – The first case in Asia to develop the overall value chain ...
[Interview] Meet the SK Innovation researchers who suggested a novel bacteria-based carbon reduction technology
2022.07.07
▲ From left: Kim Tae-wan, Song Jae-yang, La Yeon-hwa, and Lee Ki-sung, the authors of “A bacteria-based carbon sequestration and waste recycling system” study published on Scientific Reports on June 28, 2022.   On June 28, a study about the applicability of a carbon cycle system using sulphur-oxidising bacteria co-written by four researchers of Water ...
SK Earthon to enhance technical capabilities and ESG through partnership with AAT
2022.06.21
■ SK Earthon and AAT signed an MOU to strengthen technological capabilities in the petroleum development and CCS sectors. – Pushing forward with sharing and enhancing their respective technologies and long-term cooperation in monitoring stored carbon in the CCS business area   ■ A case signifying the win-win growth of a large cooperate and a ...
[Interview] SK Innovation executives talk about plans in 2022, the first year of Financial Story execution ⑪ Head of SK Innovation Institute of Environmental Science & Technology Lee Seong-jun: “We are strengthening development of technologies that solve carbon issue and preparing for a new R&D center in the U.S.”
2022.03.29
▲ Lee Seong-jun, Head of SK Innovation Institute of Environmental Science & Technology   Q1. In terms of Financial Story implementation, SK Innovation Institute of Environmental Science & Technology already started making some changes, including altering the organization’s name last year. What is your resolution for 2022 as Head of SK Innovation Institute of Environmental ...
[Interview] SK Innovation executives talk about plans in 2022, the first year of Financial Story execution ⑨ CEO of SK Earthon Myeong Seong: “We will innovate the CCS business model and evolve into a CO2 minimizing operator”
2022.03.08
▲ Myeong Seong, CEO of SK Earthon   Q1. 2022 is the first year that SK Earthon operates as an independent corporation after the spin-off from SK Innovation in last October. So first of all, we’d like to know your determination for this year.   SK Earthon is currently at the turning point of innovation ...
Carbon neutrality and petrochemical enterprises’ responses - The path ahead and the current status of SK Innovation (by Lee Dalsok)
2021.12.28
  “Carbon neutrality” refers to the goal of reducing actual carbon dioxide (CO2) emissions to zero (0) by taking countermeasures to absorb as much CO2 as is emitted. In a report published in 2018, the Intergovernmental Panel on Climate Change (IPPC) predicted that the average global warming would climb above 1.5°C from 2035 to 2052, ...
CEO of SK Earthon Myeong Seong proposes Green Transformation to realize carbon neutrality at Energy & Mineral Resources Development Symposium
2021.12.09
■ Energy & Mineral Resources Development Symposium held on Dec. 9, 2021, under the theme of “Overseas resource development in the era of carbon neutrality” ■ SK Earthon proposed to sharpen the competitive edge of E&P business with carbon reduction operation, and secure technology specialized in CCS business & expedite excavating the domestic and overseas ...
SK Innovation’s endeavor to achieve Decarbonization by taking Green Transformation ② SK Innovation & SK Energy take the initiative in accomplishing Net Zero with CCS technology
2021.09.20
  In the previous episode of this series, we visited SK Innovation Ulsan Complex, where the fuel for power boilers was changed from Bunker-C to eco-friendly LNG. This time, let’s find out more about the Carbon Capture & Storage (CCS) business on which SK Innovation and SK Energy are working.   Since climate action has ...
NH Investment & Securities forecast a strong growth of SK IE Technology in line with the expansion of SK Innovation
2021.09.07
–   In a report published on September 6, Ju Min-woo, a researcher from NH Investment & Securities pointed out four major issues that would exert an influence over the secondary (rechargeable) battery industry including ▲the policy direction of the Biden Administration in the U.S., ▲ the direction of the battery technology advancement, ▲ the ...
SK Innovation reveals Net Zero Roadmap, aiming to reduce 50% carbon emissions in a decade and achieve Net Zero by 2050
2021.07.29
■ SK Innovation released a special report titled “Net Zero Roadmap 1.0”, laying out specific implementation plans for reducing CO2 emissions, previously mentioned during the SK Innovation Story Day – The first Korean corporation to propose substantial reduction targets and implementation plans throughout the entire Scopes 1, 2, and 3 greenhouse gas (GHG) emissions ■ ...
Green Energy Keywords: Net Zero, CCS/CCUS
2021.07.22
  The effects of climate change are already quite visible all around the world, urging everyone to take action cope with this huge crisis. It is unquestionable that Green Energy is the most significant solution that can protect our Earth, but how well do you know about the topics and terms that are related to ...
SK IE Technology’s Changzhou subsidiary participated in the Taihu East Asian Entrepreneurs Forum hosted by Jiangsu province
2021.05.26
  On May 17th, SK IE Technology’s Chinese subsidiary SK hi-tech battery materials Jiangsu (hereafter “SKIET LiBS(1) Changzhou”) participated in the “East Asia Advanced Equipment, New Energy Industry Exchange (hereinafter referred to as “Changzhou Exchange Meeting”).” The exchange meeting was part of the “Taihu East Asian Entrepreneurs Forum (hereinafter referred to as “Taihu Forum”)” hosted ...