“SK Innovation will focus on discovering new businesses for its business portfolio (Portfolio Designer & Developer) and greatly reinforce the company’s business development and R&D areas to make a strong drive to secure tech-based Green Portfolio,” said Kim Jun, Vice Chairman and CEO of SK Innovation on March 31.
At the 15th Annual General Meeting of Shareholders held at SK Building in Seorin-dong, Jongno-gu, Seoul, he emphasized, “In the future, SK Innovation will add new businesses to its portfolio by securing various new technologies related to energy and circular economy to largely enhance its corporate value.”
He continued, “Last year, SK Innovation and its eight subsidiaries presented our unique financial stories and completed our independent management system for our own business areas. And, based on the financial stories, we will strive for producing tangible outcomes so that we will be as Green Energy & Materials Company.”
To achieve this mission, Vice Chairman Kim said, “Regarding the two businesses representing Green Anchoring, the battery business will enhance its profitability by strengthening differentiated competitiveness with its leading battery production technology and product safety. Meanwhile, the materials business will fortify its market leadership through drawing up groundbreaking cost reduction measures.”
He added, “The existing refining/chemical/lubricants businesses will make continuous financial outcomes. At the same time, they will execute various Green Transformation Options to accomplish Net Zero in order to secure respective businesses’ sustainability.”