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56. SK Innovation Co Ltd

Company Info
State or country Korea
Geographical Location Asia/Pacific Rim
Assets $27,005 mil
Revenues $47,147 mil
Profits $989 mil
Return on invested
capital (ROIC)
7%
3 yr CGR % Revenues 1%
Company data as of 6/01/2011 provided by S&P Capital IQ
Company Snapshot
SK Innovation Co. engages in the manufacture and sale of petroleum, petrochemical, and lubricant products in Korea and internationally.

The company offers petroleum products, including LPG and specialty petroleum products; and lubricants.

It also provides petrochemicals comprising olefins, ethylene, and propylene, butadiene, and butane-1; aromatics, which include benzene, toluene, xylene, para-xylene, ortho-xylene, styrene monomer, and cyclo-hexane; performance chemicals; polymers for use in the automotive, electronics, and communications industries; ethylene propylene diene monomers; and inter-electrolyte materials for separators used in the production of rechargeable batteries.

In addition, the company involves in the exploration and production of oil and gas properties; and coalfield development business, as well as in conducting alternative energy business.

It participates in 34 oil and gas blocks in 17 countries, as well as in 4 LNG projects; and had proven oil equivalent reserves of 520 million barrels of oil equivalent.

The company also had interests in 4 working coal mines and 5 exploration projects in Australia; and 1 coal project in China, as well as in a uranium exploration project in Canada.

It sells its petroleum products directly to industrial and government users, as well as to retail and small industrial customers through the network of service stations and retail outlets; and operates an online B2B site for processing petrochemical product orders.

The company was formerly known as SK Energy Co., Ltd. and changed its name to SK Innovation Co. in January, 2011.

The company was founded in 1962 and is based in Jongro-Gu, South Korea. SK Innovation Co. is a subsidiary of SK Holdings Co., Ltd.

Data provided by

Chey Tae-Won, 51

TITLES:
Chairman of the Board, Co-Chief Executive Officer and Member of Nomination Committee

Data provided by