SK Innovation Co., Ltd. is a Korea-based holding company engaged in the development of petroleum and management of its subsidiaries. Through its subsidiaries, the Company mainly operates in four business segments: oil segment, chemical segment, lubricant segment and research and development segment. Its oil segment engages in the development and manufacture of petroleum and trading of cruel oil and petroleum, as well as investment business. Its chemical segment engages in the manufacture of chemical products, including synthetic resin, synthetic rubber, synthetic fibers and others. Its lubricant segment engages in the manufacture and marketing of lubricant products. Its research and development segments provides operation and maintenance services and training services for companies engaged in oil and chemical related businesses, as well as holding and investment business. On January 17, 2011, the Company changed its name from SK Energy Co., Ltd. to SK Innovation Co., Ltd.
(Source: ARS)