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SK innovation, Korea's first and largest energy∙chemical company

“ SK innovation started as the Korea Oil Corporation,
the first refining and chemical company in the country, which led Korea's economic development. SK innovation has grown into a global Korean energy and chemical company in various fields from petroleum production, refining, chemicals and lubricants to future energy. ”

SK innovation is extending beyond Korea into the world as a top global energy and chemical company, jointly with SK energy, Korea's number one refining company, SK global chemical, the leader in the domestic petrochemical industry, SK lubricants, a global lubricants company, SK incheon petrochem, a refining and chemical company, and SK trading international, a trader of crude oils and petrochemicals.

SK innovation's History

  • Korea Oil Corporation CI
    Korea Oil Corporation
  • Yukong CI
  • SK Corporation CI
    SK Corporation
  • New CI
    New CI
  • SK energy CI
    SK energy
  • SK innovation CI
Company Name Year Founded Head Office Address
SK innovation Co., Ltd. October 13, 1962 SK Bldg., 26, Jongno, Jongno-gu, Seoul
Number of Employees Financial Status


Based on the 2019

Revenue KRW ₩ 49.8765trillion
Operating Income KRW ₩ 1.2693 trillion

Based on the 2019

Business Areas

Exploration & Production

SK innovation is actively engaging in petroleum production across the world, contributing to Korea's energy independence and economic growth.


Fitted with the complete value chain for battery production, SK innovation is enhancing its global status through partnerships with automakers.

I/E Material

SK innovation is enhancing its competitiveness in the information and electronic material industry, such as Korea's first successful development of LiBS.


SK energy, a refining subsidiary, is Korea's number one refinery. It exports various petroleum products produced at the Ulsan Complex with a daily crude oil refining capacity of 840,000 barrels.


SK global chemical, a chemicals subsidiary, has driven the development of Korea's petrochemical industry and continues to take the lead through continuous R&D and business expansion.


SK lubricants, a lubricants subsidiary, exports high-quality base oils to over 50 countries and finished lubricant products to 25 countries including Russia, China and the U.S.