SK Innovation to spend W10tr in battery, non-refining sectors
May 31, 2017
SK Innovation Co., South Korea's top oil refiner, said Wednesday that it plans to spend 10 trillion won ($8.91 billion) in the battery and other non-refining sectors by 2020 to reshape its business portfolio and nurture new revenue sources.In a regulatory filing, SK Innovation said the investment will help it solidify its status as a leading energy and chemicals firm in the world. (Yonhap)Earlier this week, SK Innovation said it aims to secure a 30-percent share in the global battery market by 2