■ The two companies to cooperate in the metal recovery business for cathode materials from end-of-life batteries, aiming to establish a joint recycling venture in Korea in 2023 and start commercial production in 2025 ■ SK Innovation’s lithium recovery technology and SungEel HiTech’s technology of recovering nickel, cobalt, and manganese expected to synergize to secure ...

▲ The view of SK Innovation’s Ulsan Complex, where SK Geo Centric’s Advanced Recycle Cluster will be constructed.   SK Geo Centric, which aims to be the largest urban oil field in the world, revealed a detailed plan about the construction of its Advanced Recycle Cluster in Ulsan, South Korea, by late 2025. Once the ...

■ Signed an MOU to cooperate in all areas of the business, including raw materials for battery, anode and cathode materials, and recycling   ■ Discussed POSCO Group’s increasing materials supply in line with SK On’s expanding global production plan   SK On and POSCO Holdings have established full-fledged business cooperation in the rechargeable battery ...

■ Vice Chairman Kim Jun delivered a keynote speech at the “SKI Global Forum,” held in San Jose, the U.S., on June 11 and 12 (local time)   ■ “Pushing forward with the business portfolio in electrification and recycling areas for the future growth”   ■ SK Innovation plans to continue activities to build successful ...

  While the world is making efforts to reduce carbon emissions, the complete vehicle industry is making the switch from an internal combustion engine business model to electric vehicles (EV). As EVs have become well-known as an eco-friendly means of transportation, the global sales for these vehicles are rapidly increasing. However, this increase in EV sales also means ...

▲ Mike Otworth, CEO of PureCycle Technologies (left) posed for a photo with Na Kyung-soo, CEO of SK Geo Centric (right) at PureCycle Technologies’ facility in the U.S. during SKGC’s North American tour in November 2021.   SK Geo Centric (SKGC) is presenting a plan for the circular plastic ecosystem, taking the lead in providing ...

■ SKGC and PureCycle announced that Ulsan, South Korea will be the location of the first polypropylene recycling plant in Asia. ■ SKGC conducted extensive research and technical due diligence into PureCycle’s technology, which is designed to produce ultra-pure recycled plastic from polypropylene waste. PureCycle’s technology combined with SKGC’s expertise in polypropylene production and marketing, ...

  Social enterprise Morethan has risen to prominence for manufacturing high-end eco-friendly products using scrap leather from supercar brands.   Through its fashion brand CONTINEW, Morethan has been making and selling upcycled fashion items such as natural leather sheets, safety belts, airbag textiles, and others from materials discarded during the manufacturing and disposal of automobiles. ...

  Climate change and many environmental issues are pressing the electric vehicle (EV) market to grow fast. According to the data revealed by EV Volumes, about 605,400 units, including BEV & PHEV & FCEV, were sold globally in June. This is a new all-time-high, surpassing the sales number of December 2020, and June y-o-y growth ...

  Lee Seong-jun, CTO of SK Innovation and the Head of Institute of Environmental Science & Technology made a presentation on SK Innovation’s breakthrough technology and efforts for solving environmental problems at the International Conference on Carbon Dioxide Utilization (ICCDU) hosted on the 21st at the Korea Advanced Institute of Science and Technology (KAIST).   ...

■ SK Innovation recently participated as a strategic investor in Blue Park Smart Energy (BPSE), a subsidiary of BAIC Group in China. BPSE: a battery swap type EVs supplier and battery swap station operator ■ SK Innovation has secured a foothold to promote the BaaS (Battery as a Service) business in China, the world’s largest ...