SK Innovation
South Korean energy and chemical company
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| March 18 2025 | SK Innovation released its Annual Report for the Fiscal Year 2024, detailing the company's corporate governance and shareholder structure. |
| February 2025 | SK On merged with SK Enterm, further consolidating the company's organizational structure. |
| November 2024 | SK Innovation and SK E&S completed a merger, creating a new entity with total assets of KRW 105 trillion. Simultaneously, SK On merged with SK Trading International. |
| January 2024 | SK Enthem became the 9th subsidiary of SK Innovation, spinning off from SK Energy to handle import and distribution of crude oil and petroleum products. |
| 2022 | SK On ranked fifth in the world with a market share of 7 percent according to SNE research in the first half of the year. |
| October 1 2021 | Remaining two business units—batteries and oil exploration—were spun off into SK On and SK Earthon, respectively. |
| October 1 2021 | SK Innovation officially completed the spin-off of its battery business, creating 'SK On'. |
| September 2021 | Ford and SK Innovation announced a joint venture to manufacture batteries in the Kentucky/Tennessee region for Ford motor vehicles. |
| 2019 | LG Chem sued SK Innovation at the U.S. International Trade Commission (ITC) for misappropriation of trade secrets by hiring former employees, requesting an import ban on SK Innovation's lithium-ion batteries and infrastructure technology. |
| 2019 | The ITC sided with LG Chem and issued a limited 10-year exclusion order prohibiting imports of certain lithium-ion batteries by SK Innovation into the United States. |
| 2019 | SK Innovation agreed to pay LG Chem $1.8 billion in cash and royalties to avert the import ban, resolving the trade secrets dispute. |
| 2019 | The company decided to spin off its material division and established SK IE Technology. |
| March 21 2018 | SK Innovation announced the acquisition of U.S. shale oil and gas company Longfellow Nemaha. |
| March 31 2017 | SK Innovation announced the closure of its electric vehicle battery plant in China, which had been closed since January of that year due to joint venture partners halting production. |
| July 2013 | Company restructured into an independent management system, dividing into two business units: E&P (Exploration & Production) and B&I (Batteries and Materials), and establishing five subsidiaries: SK Energy, SK Global Chemical, SK Lubricants, SK Incheon Petrochem, and SK Trading International. |
| January 2011 | SK Innovation system was launched, with oil and chemical businesses being spun off into separate entities. |
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