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SK Innovation Co., Ltd. and its global subsidiaries function as a comprehensive energy and chemicals corporation. The company's operations span multiple core divisions: Petroleum, Petrochemicals, Lubricants, Battery, LiBS, and various other business ventures. Its activities include the exploration and production of crude oil, as well as the refining of essential fuels like gasoline, diesel, and kerosene. Moreover, it manufactures a diverse range of products such as base oils, industrial lubricants, fundamental chemical compounds, asphalt, naphtha, specialized chemical solvents, and synthetic rubber, alongside importing crude oil and naphtha. A key segment involves the fabrication of advanced lithium batteries, encompassing components like electrodes, separators, cells, packs, and modules, designed for use in electric vehicles, uninterruptible power supplies, and renewable energy/smart grid systems. Beyond its primary industrial output, the company also offers a suite of services, including business consulting, insurance, manufacturing, transportation, trading, equity investments, and certification and evaluation for lithium battery technologies. Founded in 1962 and based in Seoul, South Korea, the company was formerly known as SK Energy Co., Ltd. until it adopted the name SK Innovation Co., Ltd. in January 2011.