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SK Innovation
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East Timor's Kitan Condensate No Longer Available as Field Reaches End of Life
Dec 15, 2015East Timor's Kitan condensate will no longer be available in the spot market as the ultra-light oil field reached the end of its normal life, market sources said Monday. "After January, there will be no more [Kitan cargoes]," a trade ...
Tags: ultra-light oil field, condensate, crude
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Korean Conglomerates Are Faced with Restrcturing
Feb 9, 2015Acording to a recent survey by the Federation of Korean Industries, 17 out of 29 major business groups in Korea picked restructuring as the center of their business strategy for this year. In contrast, only eight and two chose R&D ...
Tags: Conglomerates, Electronics
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Operating Loss Figures Were Splashed in Red in The Results for The Second-Quarter of 2014
Aug 18, 2014Operating loss figures were splashed in red in the results for the second-quarter of 2014 ending June 2014 at SK Innovation, South Korea’s foremost and world’s leading energy and petrochemical company. In the period April to ...
Tags: Red, SK Innovation, Textile
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South Korea's SK Innovation Suspended Construction of an Almost Completed Paraxylene Plant
Feb 7, 2014South Korea's SK Innovation has suspended construction of an almost completed paraxylene plant in Incheon, in the country's west coast, after local authorities accused the company of violating the city's building codes, the company said ...
Tags: SK, innovation, Seo-gu, Platts
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Maxwell Signed a Memorandum of Understanding with SK Innovation
Dec 19, 2013Maxwell Technologies, Inc. (Nasdaq: MXWL), a leading developer and manufacturer of ultracapacitor-based energy storage products, announced today that it has signed a Memorandum of Understanding with SK Innovation, a subsidiary of SK ...
Tags: Maxwell, SK, Energy Storage
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Annual Paraxylene Term Negotiations for 2014 Have Gotten off to a Slow Start in Asia
Nov 25, 2013Annual paraxylene term negotiations for 2014 have gotten off to a slow start in Asia, and talks are expected to be protracted, as the supply/demand fundamentals are expected to change significantly halfway through next year, sources ...
Tags: paraxylene term, Chemicals
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South Korea's Fourth-Largest Refiner, Hyundai Oilbank Produced 90.76 Million Barrels
Nov 20, 2013South Korea's fourth-largest refiner, Hyundai Oilbank, said Monday it produced 90.76 million barrels, or 333,677 b/d, of refined oil products over the first nine months of this year, down 9.7% from 100.48 million barrels a year earlier. ...
Tags: Oil Products, Mineral
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SK & Lanztech Partner to Develop a New Process Technology for Production of 1,3 Butadiene
Oct 24, 2013SK innovation, one of the world's leading energy and petrochemical companies, and LanzaTech, a producer of low-carbon fuels and chemicals from waste gases, announced an agreement to develop a new process technology for the production of 1,3 ...
Tags: SK&Lanztech, Butadiene Technology
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Spot Market for LPG Cargoes Loading out of The Middle East Has Softened Amid Weak Demand
Mar 25, 2013The spot market for LPG cargoes loading out of the Middle East has softened amid weak demand from Asian buyers, according to market sources. This was reflected in the spot cargo price differentials, with Arcadia heard selling 44,000 mt of ...
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SK Continental E-Motion Has Begun to Product Battery Systems for Electric Cars
Jan 23, 2013SK Continental E-motion formed by SK Innovation and Continental has started manufacturing and distribution of lithium-ion based battery systems across the globe for cars and light commercial vehicles. SK Innovation and Continental, which ...
Tags: SK, Continental E-motion, battery systems
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The FOB Korea Toluene 2013 Term Contracts Were Mostly Concluded at a Premium of $7-8/Mt
Jan 4, 2013The FOB Korea toluene 2013 term contracts were mostly concluded at a premium of $7-8/mt to the Platts FOB Korea toluene marker, traders and producers said Wednesday. This is an increase of around $2-3/mt from premiums for 2012 ...
Tags: toluene, toluene market, Honam, South Korea
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South Korea's Oil Refiners Are Likely to Face Tougher Challenges in Coming Years
Dec 28, 2012South Korea's oil refiners are likely to face tougher challenges in coming years as President-elect Park Geun-Hye vows consumer-focused policies and tighter business regulations under her economic democratization platform. Park, from ...
Tags: South Korea, oil refiners, economic democratization platform, oil
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Building Larger Plants Doesn't Make Sense in Thin-Film Solar
Dec 13, 2012When the Chinese energy giant Hanergy decided last week to buy Miasole,a Silicon Valley-based thin-film solar company,at less than a tenth the amount venture capitalists had invested in the firm,it could have been making a savvy move.Though ...
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Some South Korean SM Producers Settled 2013 Term Supply Contracts with Their Customers
Dec 11, 2012Some South Korean styrene monomer producers have settled 2013 term supply contracts with their customers at a premium of $8-9/mt to Platts FOB Korea SM assessments, an increase of $2-3/mt from a premium of $6/mt for 2012 term contracts, ...
Tags: styrene monomer producers, spot prices, market sources
