SKC is a company that has evolved from its founding in 1976, initially focused on chemical and film businesses, to a high-value-added advanced materials company specializing in secondary batteries, semiconductors, and eco-friendly materials. It possesses the capability to produce various high-value-added materials such as propylene oxide (PO), polyurethane (PG), PET film, BHC, and electronic materials. The company has a history of contributing to the development of the chemical materials industry through the domestic pioneering of polyester film and its role as a global polyurethane maker. SKC is actively pursuing business model innovation and aiming to become a global ESG material solutions company for future growth.SKCisacompanythathasevolvedfromitsfoundingin1976,initiallyfocusedonchemicalandfilmbusinesses,toahigh-value-addedadvancedmaterialscompanyspecializinginsecondarybatteries,semiconductors,andeco-friendlymaterials.Itpossessesthecapabilitytoproducevarioushigh-value-addedmaterialssuchaspropyleneoxide(PO),polyurethane(PG),PETfilm,BHC,andelectronicmaterials.Thecompanyhasahistoryofcontributingtothedevelopmentofthechemicalmaterialsindustrythroughthedomesticpioneeringofpolyesterfilmanditsroleasaglobalpolyurethanemaker.SKCisactivelypursuingbusinessmodelinnovationandaimingtobecomeaglobalESGmaterialsolutionscompanyforfuturegrowth.
Key Products/TechnologiesKeyProducts/Technologies
Secondary Battery Materials: Copper foil, a core material for electric vehicle batteries, is produced through SK Nexilis, a subsidiary with global top-tier technology. The company possesses technical capabilities to meet the demanding properties of future secondary battery anode current collectors, including high strength, high elongation, high heat resistance, and corrosion inhibition. Achievements include the development of copper foil for 4680 cylindrical batteries and ongoing R&D for anode current collectors for all-solid-state batteries. Silicon anode material, through its subsidiary Ultimus, is preparing for pilot production utilizing British Nexaon technology.SecondaryBatteryMaterials:Copperfoil,acorematerialforelectricvehiclebatteries,isproducedthroughSKNexilis,asubsidiarywithglobaltop-tiertechnology.Thecompanypossessestechnicalcapabilitiestomeetthedemandingpropertiesoffuturesecondarybatteryanodecurrentcollectors,includinghighstrength,highelongation,highheatresistance,andcorrosioninhibition.Achievementsincludethedevelopmentofcopperfoilfor4680cylindricalbatteriesandongoingR&Dforanodecurrentcollectorsforall-solid-statebatteries.Siliconanodematerial,throughitssubsidiaryUltimus,ispreparingforpilotproductionutilizingBritishNexaontechnology.
Semiconductor Materials: The company has entered the high-performance computing semiconductor glass substrate business as a world-first, securing a new growth engine. A strategy of simultaneously developing high-end embedding methods for AI data centers and faster-to-commercialize non-embedding methods is in place. Contributions to strengthening the semiconductor material ecosystem include the localization of CMP pads and high-end blank masks. Rubber sockets, a key component for semiconductor testing, were successfully mass-produced for the first time globally in 2003 through its subsidiary ISC. Efforts are underway to expand the proportion of high-value-added solutions, such as HBM sockets and large-area sockets for systems.SemiconductorMaterials:Thecompanyhasenteredthehigh-performancecomputingsemiconductorglasssubstratebusinessasaworld-first,securinganewgrowthengine.Astrategyofsimultaneouslydevelopinghigh-endembeddingmethodsforAIdatacentersandfaster-to-commercializenon-embeddingmethodsisinplace.ContributionstostrengtheningthesemiconductormaterialecosystemincludethelocalizationofCMPpadsandhigh-endblankmasks.Rubbersockets,akeycomponentforsemiconductortesting,weresuccessfullymass-producedforthefirsttimegloballyin2003throughitssubsidiaryISC.Effortsareunderwaytoexpandtheproportionofhigh-value-addedsolutions,suchasHBMsocketsandlarge-areasocketsforsystems.
Eco-friendly Materials: Possession of technology that commercialized biodegradable film for the first time globally in 2008. Production capability for all film products required for solar cells, including PET film, fluoropolymer film, and EVA sheets, which constitute the backsheet protecting the rear of solar power generation modules.Eco-friendlyMaterials:Possessionoftechnologythatcommercializedbiodegradablefilmforthefirsttimegloballyin2008.Productioncapabilityforallfilmproductsrequiredforsolarcells,includingPETfilm,fluoropolymerfilm,andEVAsheets,whichconstitutethebacksheetprotectingtherearofsolarpowergenerationmodules.
Chemical Business (Former Core): Propylene Oxide (PO) was commercialized domestically for the first time in 1991, and the environmentally friendly HPPO process was commercialized globally for the first time in 2008. Polyurethane (PG, PGE, PGUSP/PGF, PGI, DPGFG, DPG, TPG) is a product group used as a basic industrial raw material. (The chemical business division has since been spun off into SK picglobal, and the polyurethane raw material business has been divested).ChemicalBusiness(FormerCore):PropyleneOxide(PO)wascommercializeddomesticallyforthefirsttimein1991,andtheenvironmentallyfriendlyHPPOprocesswascommercializedgloballyforthefirsttimein2008.Polyurethane(PG,PGE,PGUSP/PGF,PGI,DPGFG,DPG,TPG)isaproductgroupusedasabasicindustrialrawmaterial.(ThechemicalbusinessdivisionhassincebeenspunoffintoSKpicglobal,andthepolyurethanerawmaterialbusinesshasbeendivested).
Film Business (Former Core): Polyester (PET) film, first developed domestically in 1977, is utilized for various applications such as optical films for displays, reflector films, packaging films, industrial films, and graphic films. Capabilities include the development of PET twist film. High-functional film product lines include silicone release film, hard-coated film, functional adhesive film, and ITO film (resistive and capacitive types). Possession of transparent PI film technology for the production and sale of CPI film for foldable phone displays. PVB film is a high-value-added product capable of safety, noise/heat/UV blocking, and HUD integration. (The film business division was divested in 2022).FilmBusiness(FormerCore):Polyester(PET)film,firstdevelopeddomesticallyin1977,isutilizedforvariousapplicationssuchasopticalfilmsfordisplays,reflectorfilms,packagingfilms,industrialfilms,andgraphicfilms.CapabilitiesincludethedevelopmentofPETtwistfilm.High-functionalfilmproductlinesincludesiliconereleasefilm,hard-coatedfilm,functionaladhesivefilm,andITOfilm(resistiveandcapacitivetypes).PossessionoftransparentPIfilmtechnologyfortheproductionandsaleofCPIfilmforfoldablephonedisplays.PVBfilmisahigh-value-addedproductcapableofsafety,noise/heat/UVblocking,andHUDintegration.(Thefilmbusinessdivisionwasdivestedin2022).
Core AdvantagesCoreAdvantages
Proactive Business Restructuring: A successful business model innovation is underway, transitioning from traditional chemical and film businesses to a high-value-added advanced materials company focused on secondary batteries, semiconductors, and eco-friendly materials. This strategy involves divesting polyurethane raw material and film business units to concentrate on future growth engines.ProactiveBusinessRestructuring:Asuccessfulbusinessmodelinnovationisunderway,transitioningfromtraditionalchemicalandfilmbusinessestoahigh-value-addedadvancedmaterialscompanyfocusedonsecondarybatteries,semiconductors,andeco-friendlymaterials.Thisstrategyinvolvesdivestingpolyurethanerawmaterialandfilmbusinessunitstoconcentrateonfuturegrowthengines.
Global Leading Technology: The competitive edge of its subsidiary, SK Nexilis, which holds global No. 1 technology in the secondary battery copper foil sector. A pioneering position in entering the world's first high-performance computing glass substrate business, targeting commercialization by 2025. A track record of globally first commercializing biodegradable film and the eco-friendly HPPO process.GlobalLeadingTechnology:Thecompetitiveedgeofitssubsidiary,SKNexilis,whichholdsglobalNo.1technologyinthesecondarybatterycopperfoilsector.Apioneeringpositioninenteringtheworld'sfirsthigh-performancecomputingglasssubstratebusiness,targetingcommercializationby2025.Atrackrecordofgloballyfirstcommercializingbiodegradablefilmandtheeco-friendlyHPPOprocess.
Strong R&D Capabilities and Patent Assets: Over 40 years of accumulated R&D know-how and an optimized R&D system that proactively responds to market changes. Protection of technology through over 230 patent applications related to secondary battery copper foil and 578 patent networks related to semiconductor test sockets.StrongR&DCapabilitiesandPatentAssets:Over40yearsofaccumulatedR&Dknow-howandanoptimizedR&Dsystemthatproactivelyrespondstomarketchanges.Protectionoftechnologythroughover230patentapplicationsrelatedtosecondarybatterycopperfoiland578patentnetworksrelatedtosemiconductortestsockets.
Global Production and Sales Network: Enhanced operational efficiency through the full-scale operation of SK Nexilis's Malaysian plant and the capability to meet demand from key North American customers. Expansion of semiconductor test component production capacity through the expansion of its subsidiary SK Enpulse's Vietnam plant. Global operational capabilities with overseas subsidiaries and production bases in major markets including the United States, China, Germany, Poland, Japan, and Taiwan.GlobalProductionandSalesNetwork:Enhancedoperationalefficiencythroughthefull-scaleoperationofSKNexilis'sMalaysianplantandthecapabilitytomeetdemandfromkeyNorthAmericancustomers.ExpansionofsemiconductortestcomponentproductioncapacitythroughtheexpansionofitssubsidiarySKEnpulse'sVietnamplant.GlobaloperationalcapabilitieswithoverseassubsidiariesandproductionbasesinmajormarketsincludingtheUnitedStates,China,Germany,Poland,Japan,andTaiwan.
Commitment to ESG Management: A management policy focused on advancing eco-friendly technologies and creating social value under the vision of being a 'Global ESG Material Solutions Company'. Achievement of an integrated 'A+' rating in the Korea ESG Standards Institute's ESG management evaluation, reflecting efforts towards sustainable management.CommitmenttoESGManagement:Amanagementpolicyfocusedonadvancingeco-friendlytechnologiesandcreatingsocialvalueunderthevisionofbeinga'GlobalESGMaterialSolutionsCompany'.Achievementofanintegrated'A+'ratingintheKoreaESGStandardsInstitute'sESGmanagementevaluation,reflectingeffortstowardssustainablemanagement.
Target IndustrieTargetIndustrie
Secondary Batteries (Electric Vehicles, Energy Storage Systems (ESS))SecondaryBatteries(ElectricVehicles,EnergyStorageSystems(ESS))
Semiconductors (High-Performance Computing, AI Data Centers, Displays)Semiconductors(High-PerformanceComputing,AIDataCenters,Displays)
Malaysia, China, Taiwan, JapanMalaysia,China,Taiwan,Japan
Germany, Poland, SwedenGermany,Poland,Sweden
United States, MexicoUnitedStates,Mexico
Certifications/PatentsCertifications/Patents
Possession of over 230 patent applications related to secondary battery copper foil, establishing the most extensive patent network among global companies.Possessionofover230patentapplicationsrelatedtosecondarybatterycopperfoil,establishingthemostextensivepatentnetworkamongglobalcompanies.
Establishment of 578 patent networks related to semiconductor test sockets, holding the most patent assets in the industry.Establishmentof578patentnetworksrelatedtosemiconductortestsockets,holdingthemostpatentassetsintheindustry.
A history of securing US patents from Halio, a US smart window company, as collateral.AhistoryofsecuringUSpatentsfromHalio,aUSsmartwindowcompany,ascollateral.
Received 'National Technology Protection Measure No. 1' for its domestically first polyester film development.Received'NationalTechnologyProtectionMeasureNo.1'foritsdomesticallyfirstpolyesterfilmdevelopment.
Possession of technology for the world's first commercialization of biodegradable film and the eco-friendly HPPO process.Possessionoftechnologyfortheworld'sfirstcommercializationofbiodegradablefilmandtheeco-friendlyHPPOprocess.
Securing technological superiority through the world's first successful mass production of rubber sockets.Securingtechnologicalsuperioritythroughtheworld'sfirstsuccessfulmassproductionofrubbersockets.
Capabilities in completing the world's first mass production plant for high-performance computing glass substrates and pursuing commercialization.Capabilitiesincompletingtheworld'sfirstmassproductionplantforhigh-performancecomputingglasssubstratesandpursuingcommercialization.
Achievement of an integrated 'A+' rating in the Korea ESG Standards Institute's ESG management evaluation, demonstrating sustainable management performance.Achievementofanintegrated'A+'ratingintheKoreaESGStandardsInstitute'sESGmanagementevaluation,demonstratingsustainablemanagementperformance.