SK Corporation engages in the production and marketing of crude oil and gas, petroleum, petrochemical products, and lubricant oils in Korea.
It supplies fuel to the airlines and shipping companies; asphalt products, sulfur, and other oil products to the construction industry; and sells liquefied petroleum gas for households, industrial facilities, and vehicle use.
The company manufactures and sells lubricants and lube base oil, as well as various chemical products comprising olefin products, aromatics, solvents, polyethylene, polypropylene, adhesives, resins, plastomers, and advanced polymers.
SK Corp. also engages in the exploration, production, import, and distribution of bituminous coal.
In addition, it provides technology services in the areas of energy management, facility management, maintenance management, safety and environment management, and training and factory operations.
Further, the company offers offline and online services that include road guides and traffic information; car repair services; telephony-based information services; environmental services; and 'OKCashbag', a loyalty program that offers discounts and reward points in strategic alliance with online and offline retailers, and mobile service providers.
Additionally, the company engages in the development of biopharmaceutical drugs for the treatment of cancer, diabetes, and neurological conditions.
SK Corp. has a strategic alliance with Johnson & Johnson for the development of anti-epileptics.
The company also operates in Asia, America, and Europe.
SK Corp. was formed in 1962 under the name Korea Oil Corporation and changed its name to Yukong Limited in 1982.
Further, it changed its name to SK Corporation in 1998.
The company is headquartered in Seoul, South Korea.
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