History
SK energyassumes responsibility for improving the quality of life
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Currently - 2010 The oil business was spun off and it took the brand name 'SK energy' (2011)
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2020
- 06. Launched “Muffin”, integrated vehicle management services platform
- 03. Ranked No.1 in the oil industry of ‘Korea Brand Power Index(K-BPI)’
for 22 consecutive years - 02. Built eco-friendly Vacuum Residue Desulfurization (VRDS)
(40,000 barrels/day) -
2019
- 05.Awarded ‘the 22nd Korea Logistics Grand Prix’ (Contributing to driver welfare by Netruck house business)
- 03.Ranked No.1 in the oil industry of ‘Korea Brand Power Index(K-BPI)’
for 21 consecutive years -
2017
- 08.Decision to buy petrol wholesale business from SK networks
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2015
- 12. Received the KISA President's Award at the 14th K-ICT Information Security Awards
- 09. Chosen as the best company in terms of donations for education
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2013
- 07. The Incheon Complex spun off its trading division
- 05. EnClean.com obtained a web accessibility certification mark for the first time in the oil industry
- 01. SK energy received a certification from the President of Korea as the best company in creating employment
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2012
- 12. Received the "USD 20 Billion Export Tower" award on Trade Day
- 12. SK gas stations were top ranked in 3 major customer satisfaction surveys (KCSI, KKS-SQI and NCSI)
- 05. Made a large-scale PX facility investment in the Incheon Complex
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2011
- 01. The oil business was spun off and it took the brand name 'SK energy'
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2010
- 10. Held a completion ceremony for the Jeungpyeong plant (completion of the production line for LiBS 4 & 5 and a ground-breaking ceremony for the TAC/FCCL production line)
- 07. Chosen as a supplier of high-speed electric car batteries for Hyundai Kia Motors
- 06. Held a completion ceremony for SK's LNG plant in Peru
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2009 - 2000 Made a leap forward as a major energy and chemical company in the Asia Pacific region (2008)
2009 - 10. SK lubricants was established with its entire shares owned by SK innovation
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2008
- 07. Held a completion ceremony for SK's lube base oil plant in Indonesia
- 02. Completed merger with SK Incheon Oil
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2007
- 07. Split into a holding company (SK inc.) and an operating company (SK energy Co., Ltd.)
- 04. Signed a joint management agreement on the plastic compound business with Hyundai EP
- 02. Held a ground-breaking ceremony for SK's lube base oil plant in Indonesia
- 01. Formed a strategic partnership with Nippon Oil Corporation. Signed a strategic partnership for global business using ACO technology
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2006
- 10. Held a Board of Directors' meeting in Dubai which is the center of the global crude oil market
- 09. Completed preparation for advancing into the hybrid-car battery market
- 08. Joined an exploration project in Kazakhstan
- 06. Newly joined an exploration project in Madagascar
- 04. Created a firm basis to maintain its top ranking in the global premium lube base oil market
- 02. S&P upgraded the credit rating of SK Co., Ltd. to BBB-
- 01. Began an LNG project in Peru in full-scale
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2005
- 12. Signed an agreement to take over Incheon Oil
- 11. Held a joint ceremony celebrating the completion of environment-friendly and ultra-low sulfur fuel oil production unit
- 08. Was chosen as the winner of the 6th Internal Audit Awards
- 07. Exported the APU technology which was developed for the first time in the world
- 06. Was chosen as one of the best companies in terms of corporate governance in 2005
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2004
- 10. Established SK China Holding Company
- 09. Held a completion ceremony to celebrate the second lube base oil plant
- 07. Launched corporate-wide voluntary service group
- 05. Held a ground-breaking ceremony for the second-phase of the Ulsan Grand Park
- 04. Announced New SK and improved SKMS
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2003
- 12. Joined the Gwangyang LNG thermal plant (the first privately-developed commercial power plant in Korea) construction project with British Petroleum
- 11. Commenced crude oil production at Su Tu Den oilfield of sector 15-1 in Vietnam in which SK has an equity stake
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2002
- 08. Held a retirement ceremony for the atmospheric distillation tower, which was built as the first of its kind in Korea
- 07. Successfully issued SKT shares in overseas securities market
- 04. Opened the first phase of Ulsan Grand Park
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2001
- 12. Launched a telematics business and a pilot service
- 05. Confirmed the market potential of crude oil developed in sector 15-1 in Vietnam
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2000
- 07. Sold a technology for depression medicine (YKP10A) to Johnson & Johnson in the U.S
- 01. Opened OKCashbag.com, the largest hub site in Korea
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1999-1990 Took off again to become a global top player in the 2000s with the energy and chemistry business
1999 - 07. Sold an epilepsy treatment-related technology
- 03. Launched OK Cashbag service, which is a loyalty program that gives customers loyalty points as well as discounts
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1997
- 10. Changed the company name from Yugong to SK Co., Ltd
- 06. Established a local corporation for oil field development (SK E&P Company)
- 03. Started the second manufacturing unit for synthetic resins (320,000 tons produced per year)
- 01. Started the second desulfurization unit (60,000 barrels produced per day) and cracking unit (50,000 barrels produced per day) for heavy oil
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1996
- 10. Started the fifth atmospheric distillation unit (240,000 barrels produced per day with the total production capacity at 810,000 barrels produced per day)
- 07. Initiated commercial production of crude oil from Sector 8 in Peru
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1995
- 09. Started the fourth hydrogenation and desulfurization unit for kerosene and diesel (50,000 barrels produced per day)
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1994
- 11. Initiated crude oil production from North Zaafarana, Egypt
- 06. Acquired 20.2% of stocks and management right of Korea Mobile Telecom Co., Ltd
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1992
- 05. Started the first desulfurization (30,000 barrels produced per day) and cracking (30,000 barrels produced per day) unit for heavy oil
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1991
- 05. Started the fourth commercial distillation unit (200,000 barrels produced per day)
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1990
- 08. Started the first synthetic resin manufacturing unit (250,000 tons produced per year)
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1989 - 1980 Established the ground as a comprehensive energy & chemical company (1980)
1989 - 12. Started the second naphtha cracking unit (400,000 tons produced per year)
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1988
- 01. Started to import crude oil from Marib, Yemen
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1987
- 05. Started a grease manufacturing unit (3,000 tons produced per year as of now)
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1985
- 12. Started a new aromatic-compound manufacturing plant (400,000 tons produced per year)
- 11. Increased the production capacity of oil-refining units by improving atmospheric distillation units (345,000 barrels produced per day)
- 05. Merged Korea Petroleum Holdings
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1982
- 07. Changed the brand name from Korea Petroleum Corporation to Yugong
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1980
- 12. Sunkyung Co., Ltd. acquired the management right of the company according to the government's privatization policies
- 08. Korea Petroleum Holdings Co., Ltd. acquired 50% of the stocks that had been owned by Gulf
- 03. Expanded the lubricant oil mixing plant (4,500 barrels produced per day as of now)
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1979 - 1962 Korea Petroleum Corporation was created as the first oil refiner in Korea (1962)
1978 - 03. Expanded the naphtha cracking center (155,000 tons of ethylene per year)
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1976
- 07. The Korea Development Bank sold its shares to Korea Petroleum Holdings Co., Ltd
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1974
- 06. Expanded the second atmospheric distillation unit (110,000 barrels produced per day)
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1973
- 03. Started a naphtha cracking center (100,000 tons of ethylene produced per year)
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1972
- 10. Started the third atmospheric distillation unit (105,000 barrels produced per day)
- 09. Completed the installation of long-distance oil pipeline between Ulsan and Daegu
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1970
- 05. Gulf acquired 50% and the management right of Korea Petroleum Corporation
- 05. Started an aromatic compound manufacturing plant (216,000 tons produced per year)
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1968
- 12. Started a lubricant oil mixing plant (550 barrels produced per day)
- 04. Started the second atmospheric distillation unit (60,000 barrels produced per day)
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1967
- 05. Expanded the first atmospheric distillation unit (55,000 barrels produced per day)
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1964
- 04. Started the first atmospheric distillation unit (35,000 barrels produced per day)
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1962
- 10. Established Korea Petroleum Corporation, the first oil refinery in Korea
