Hanjin to Use SK Eco-Friendly Lubricants in Logistics Vehicles

Hanjin Co., Ltd. and SK Lubricants signed an MOU on the 30th at the SK Seorin Building in Jongno-gu, Seoul, to introduce eco-friendly lubricants for logistics vehicles to reduce carbon emissions. From the left, Hyunmin Cho, Vice President of Future Growth Strategy and Marketing at Hanjin Co., Ltd., Samseok Noh, CEO of Hanjin Co., Ltd., Gyutak Cha, President of SK Lubricants, and Jaeyoung Jin, Head of Global Business Division at SK Lubricants.

[Asia Economy Reporter Choi Dae-yeol] Logistics company Hanjin and SK Lubricants have agreed to use SK Lubricants' eco-friendly lubricants in the vehicles operated by Hanjin.

On the 30th, Hanjin Co., Ltd. and SK Lubricants signed a business agreement containing this content. According to the agreement, using eco-friendly lubricants is expected by both companies to reduce carbon dioxide emissions from logistics and transport vehicles, as well as enable energy savings, reduction of harmful substances, and improvement of resource recyclability. This is regarded as the first case of implementing ESG (Environmental, Social, and Governance) management across different industries with a shared purpose. SK Lubricants will support the cost of replacing with eco-friendly lubricant products and analyze the fuel efficiency and carbon dioxide emission results of the freight vehicles using them.

After analyzing the improvement effects compared to existing vehicles, they plan to increase adoption. According to SK, using eco-friendly lubricants reduces carbon dioxide emissions by about 3.7 tons annually per delivery vehicle. The signing ceremony held at the SK Seorin Building was attended by No Sam-seok, CEO of Hanjin Business Division, Cho Hyun-min, Vice President of Future Growth Strategy and Marketing, and Cha Gyu-tak, President of SK Lubricants.

This content was produced with the assistance of AI translation services.