ULSAN, Sept. 15 (Korea Bizwire) — SK Group plans to invest 8 trillion won (US$6.02 billion) to transform its main refinery and chemical complex in the country’s southeast into eco-friendly businesses, its chief has said. Chey Tae-won, chairman of SK Group, made the announcement as he reinforced the company’s commitment to shifting its key areas [...]
SEOUL, Sept. 5 (Korea Bizwire) — SK On Co. is seeking to build close partnerships with various automakers for the electric vehicle (EV) battery sector, including the ones in Europe where the market competition is increasingly getting fierce, its co-chief has said. Chey Jae-won, executive vice chairman of SK Group and a co-head of the [...]
SEOUL, Aug. 23 (Korea Bizwire) — SK Group Senior Vice Chairman Chey Jae-won met with Mercedes-Benz Group CEO Ola Kallenius on Wednesday and discussed ways to boost their business partnership, SK said. The meeting, which took place in SK’s headquarters in Seoul, centered on efforts to expand cooperation in the fields of electric vehicle (EV)-related [...]
SEOUL, Aug. 17 (Korea Bizwire) — SK E&S Co., the natural gas power unit of South Korea’s SK Group, signed a preliminary agreement with a local utility company Thursday for a partnership on the production and utilization of green hydrogen. Under the memorandum of understanding with the Korea Southern Power Co. (KOSPO), they will work [...]
SEOUL, July 28 (Korea Bizwire) — Daewoo Engineering & Construction Co. and SK ecoplant Co., two major builders in South Korea, said Thursday they have signed a memorandum of understanding to enhance cooperation on nuclear power plant projects. According to the terms of the MOU, the two parties will exchange technology and personnel. They will [...]
SEOUL, June 27 (Korea Bizwire) — SK Group has extended a gift of new faces and smiles to Vietnamese children with facial deformities. The South Korean conglomerate said Monday it had conducted free surgical procedures for children with facial deformities in the Quang Ngai province of Vietnam. The surgeries were performed in collaboration with Seoul [...]
SEOUL, June 22 (Korea Bizwire) — SK Group said Thursday it is funding a project to erect a memorial honoring two late U.S. veterans who fought in the 1950-1953 Korean War, as the allies celebrate the 70th anniversary of the two countries’ alliance this year. The memorial stone will be established in Imjingak Pyeonghwa Nuri [...]
SEOUL, May 19 (Korea Bizwire) — SK C&C, an IT service unit of South Korean conglomerate SK Group, said Thursday it had signed a deal with Recycle Ledger, a local venture firm, to operate a recycling resource tracking service. The partnership aims to support Recycle Ledger’s waste cooking oil data tracking service using SK C&C’s [...]
SEOUL, May 8 (Korea Bizwire) — SK Innovation Co., the energy unit of South Korea’s SK Group, said Monday it has jointly invested with another SK affiliate in a South Korean developer of gas separation membranes to advance the technology for use in carbon capture. The investment in Airrane, a Cheongju-based company, commits SK Innovation [...]
SEOUL, May 3 (Korea Bizwire) — SK E&S Co., an energy unit of South Korean conglomerate SK Group, said Tuesday it will supply electricity generated from renewable energy to German chemical giant BASF S.E. The two parties signed a power purchase agreement (PPA) in Seoul on April 18. As per the terms of the agreement, [...]