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SK Innovation said Tuesday that it raised a 3.6 billion won ($2.9 million) fund in 2022 for its partner companies under the spirit of “Growing Together.” The firm held the fund delivery ceremony at SK Innovation Ulsan Complex in Nam District, Ulsan. SK Innovation Vice Chairman Kim Jun participated in the event to deliver the money to six representatives of its partner firms.
ULSAN ― Twisted oil pipelines longer than the distance between the Earth and the Moon are coiled up inside Korea's oldest refinery that sits on an 8-million-square-meter industrial complex in this southeastern port city. Rusty steel frames and worn-out factory buildings attest to the age of the industrial complex dating back six decades.
A suggestion from Saudi Arabia that Opec+ may cut oil output has startled refiners in Asia, with two warning such a move could lift prices and fan uncertainty
SK Innovation accelerating green transformation
Saudi Arabia to Ship Gas to South Korea and Take CO2 Back Bloomberg 3/4/2021 Verity Ratcliffe, Seyoon Kim and Kyunghee Park © Bloomberg A liquefied petroleum gas (LPG) tanker, center right, sits moored at a port near SK Innovation Co.'s Ulsan Complex oil refinery facilities at dusk in Ulsan, South Korea, on Sunday, Aug. 4, 2019. Ulsan is known as Hyundai Town, an industrial powerhouse with the world’s largest car-assembly plant, its third-biggest oil refinery and the giant shipyards. Since 2016, some 35,000 workers quit or lost their jobs at the city's shipyard, in a do...