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In 2019, the company decided to spin off its material division and established SK IE Technology. On 1 October in 2021, SK Innovation officially completed the spin-off of its battery business, which is called 'SK On'. In the first half of 2022, SK On is ranked fifth in the world with a market share of
294:
businesses. In the beginning, SK Innovation has set up three fully-owned units, including SK Energy (a newly founded company operating crude oil refining business), SK Lubricants (now SK Enmove), and SK Global
Chemical (now SK Geo Centric). After two years, SK Innovation spun off SK Energy's Incheon
335:
and infrastructure technology from the ITC. The ITC sided with LG Chem and issued a limited 10-year exclusion order prohibiting imports into the United States of some lithium-ion batteries by SK Innovation. In the end, SK Innovation agreed to pay LG Chem $ 1.8 billion in cash and royalties to avert
302:
battery plant it had in China had been closed since
January of that year, after "Chinese joint venture partners halted production for no obvious reason." On March 21, 2018, SK Innovation announced the acquisition of U.S. shale oil and gas company Longfellow Nemaha.
275:
SK Energy was established in 2007 by splitting South Korea's top refiner SK Corporation into an energy operation and holding company. SK Energy handled the energy and chemical businesses, while
267:. It runs its business through eight major subsidiaries, including SK Energy, SK Geo Centric, SK On, SK Enmove, SK Incheon Petrochem, SK Trading International, SK IE Technology and SK Earthon.
307:
7 per cent according to SNE research. In
September 2021, Ford and SK Innovation announced a joint venture to manufacture batteries in the Kentucky/Tennessee region for Ford motor vehicles.
624:
671:
Ford to Lead
Americaβs Shift to Electric Vehicles with New Mega Campus in Tennessee and Twin Battery Plants in Kentucky; $ 11.4B Investment to Create 11,000 Jobs and Power New ...
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SK Innovation was created through a restructuring of SK Energy in 2011. The original SK Energy has renamed itself SK Innovation after spinning off its
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Petrochem and SK Trading International.
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by hiring former employees. LG Chem requested the import ban to the U.S. for SK Innovation's
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406:"SK Global Chemical rebranded SK Geocentric to invest $ 4.3 bn in green sourcing by 2025"
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710:"SK Innovation loses U.S. battery trade case but gets temporary OK to sell to Ford, VW"
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568:"SK Innovation's U.S. unit to buy U.S. gas exploration firm Longfellow Nemaha"
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was in charge of investing in subsidiaries and the life science sector.
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Jin, Hyunjoo; Yang, Heekyong; Shepardson, David (April 11, 2021).
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647:"2022 1H Global[1] EV & Battery Performance Review"
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433:"SK lubricants to change its name to SK enmove as of December"
358:, a South Korean professional football club owned by SK Energy
481:"S.Korea SK Energy spins off units; renamed as SK Innovation"
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536:"LG Chem holds faith in China despite battery of obstacles"
708:
Shepardson, David; Yang, Heekyong (February 11, 2021).
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298:On March 31, 2017, SK Innovation said that the
351:List of electric-vehicle-battery manufacturers
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625:"SK Innovation spins off battery division"
461:"SK Corp. Approved to Be Divided Into Two"
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507:"SK Innovation launches two subsidiaries"
27:South Korean energy and chemical company
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2074:Electric vehicle battery manufacturers
2069:Companies listed on the Korea Exchange
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548:from the original on August 3, 2020
325:U.S. International Trade Commission
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772:Business data for SK Innovation:
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627:. Electrive.com. 1 October 2021
578:from the original on 2018-03-22
380:"SK innovation ESG REPORT 2020"
226:Footnotes / references
1728:NH Investment & Securities
534:Jung-a, Song (April 2, 2017).
327:(ITC) for misappropriation of
243:
1:
404:Kim, Minu (August 31, 2021).
168:Kim Jun (President & CEO)
323:sued SK Innovation with the
249:intermediate holding company
115:; 17 years ago
2105:
2064:Companies in the KOSPI 200
1403:Hyosung Advanced Materials
2018:
1820:Samsung Fire & Marine
1805:Samsung Electro-Mechanics
1430:Hyundai Marine & Fire
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200:SK Trading International
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1410:Hyundai Department Store
438:Maeil Business Newspaper
411:Maeil Business Newspaper
317:electric vehicle battery
1878:Shinsegae International
1165:Daewoong Pharmaceutical
235:SK Innovation Co., Ltd.
31:SK Innovation Co., Ltd.
1705:Mirae Asset Securities
1679:Lotte Tour Development
1670:Lotte Energy Materials
605:. Seoul. July 24, 2019
315:In 2019, South Korean
2079:SK Group subsidiaries
2059:Battery manufacturers
1760:PI Advanced Materials
1435:Hyundai Mipo Dockyard
1288:Hankook & Company
515:. Seoul. July 1, 2013
333:lithium-ion batteries
198:SK Incheon Petrochem
1366:HD Hyundai Infracore
1251:Green Cross Holdings
2084:South Korean brands
1815:Samsung Engineering
1810:Samsung Electronics
1779:POSCO International
1667:Lotte Fine Chemical
1595:Kumho Petrochemical
1566:Korea Petrochemical
1357:HD Hyundai Electric
1243:Grand Korea Leisure
441:. November 21, 2021
32:
2028:HD Hyundai Oilbank
1845:Samsung Securities
1628:LG Energy Solution
1477:JB Financial Group
1089:Amorepacific Group
949:Loen Entertainment
942:Former and defunct
572:Yonhap News Agency
261:alternative energy
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1955:Youlchon Chemical
1936:Ssangyong C&E
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1790:Samsung Biologics
1541:Kiwoom Securities
1214:Doosan Enerbility
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487:. January 3, 2011
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202:SK IE Technology
16:(Redirected from
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1900:SK IE Technology
1700:Meritz Financial
1696:LX International
1563:Korea Investment
1415:Hyundai Elevator
1361:HD Hyundai Heavy
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1328:Hanwha Aerospace
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689:. April 30, 2019
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