[Concall] SK Inno "Targeting Bio Diesel Market... Timely Supply of Sustainable Aviation Fuel"

SK Innovation is targeting the biodiesel market, including Sustainable Aviation Fuel (SAF).

An SK Innovation official stated during the Q3 earnings conference call on the 3rd, "We are working to secure stable SAF (Sustainable Aviation Fuel) raw materials and are reviewing plans to expand our business areas in the future," adding, "We plan to supply timely in line with the SAF market development."

He continued, "Daegyeong O&T is a supplier of bio-oil and waste cooking oil (UCO), a raw material for aviation fuel, with 13 business sites nationwide," and explained, "We decided to invest based on the judgment to proactively prepare for the biodiesel market."

Earlier, SK Innovation's subsidiary, SK Trading International, decided to acquire Daegyeong O&T, the largest domestic waste resource-based raw material company. Daegyeong O&T supplies animal fats from slaughter by-products and waste cooking oil generated from restaurants and food factories as raw materials for biodiesel and bio aviation fuel.

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