Sungjun Lee, Head of SK Innovation Technology Innovation Institute, "Overcoming Crisis with Technology"
[Asia Economy Reporter Park So-yeon] Lee Sung-joon, head of SK Innovation's Technology Innovation Institute, delivered a message about overcoming the company's crisis through technological innovation.
In an interview with the internal news channel on the 27th, Lee Sung-joon stated, "The Technology Innovation Institute, as the mecca of technology development, will overcome the current crisis through innovation aimed at enhancing the sustainability of core businesses."
He mentioned, "The Technology Innovation Institute created a legend by developing petrochemical catalysts and exporting catalyst technology to non-oil-producing countries, and the electric vehicle battery business is expanding worldwide, growing into the 'second semiconductor'."
He added, "To overcome the current crisis, conviction and confidence are necessary," emphasizing, "The Technology Innovation Institute will play a leading role in overcoming the company-wide crisis with extraordinary methods during this extraordinary time."
SK Innovation's Technology Innovation Institute is technically responding to the International Maritime Organization (IMO)'s environmental regulations on ship fuel oil and is playing a key role in developing eco-friendly businesses, such as advancing medium-temperature asphalt and recycled asphalt development.
They are also discovering new research achievements related to renewable energy fields such as carbon dioxide reduction technology and bio jet fuel. In the chemical business sector, they are pursuing business model innovation through the development of plastic recycling technology.
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Lee stated, "Based on expertise, we plan to secure technology by effectively reducing uncertainties in future technology investments through collaboration with external partners," adding, "We will reduce risks and accelerate development speed through solidarity."
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