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Home > Company Index > Energy > Oil & Gas Refining & Marketing > SK Corp.

SK Corp.
 NEWS FROM THE STANDARD
Beijing's Olympic Success Spurs 3G Vision
Jul 19 2001 09:52 AM PDT

Japan Oil Firms to Trade Futures Online
May 14 2001 08:02 AM PDT

Japan Oil Firms to Launch Internet Exchange-Nikkei
May 13 2001 02:55 PM PDT

 PROFILE
SK Corp. is the energy and chemical affiliate of South Korea's SK Group, which also operates finance, construction, and telecommunications units. Korea's largest oil refiner, SK Corp. controls about 34% of Korea's refining market and operates 3,700 service stations across the country. The firm is involved in oil exploration and production in 12 countries. SK Corp. imports coal and liquid petroleum gas (LPG), and claims a 25% share of the Korean urban LPG market. SK Corp. supplies natural gas to Seoul and other cities in Korea. The company also makes lubricants, low-pollutant gasoline, and a range of chemical products. In addition, it also trades oil internationally.

 COMPETITION
Daewoo International Corporation (dossier)
Hyundai Group (dossier)
LG-Caltex Oil Corporation (dossier)

 DEALS
Deal: Lernout & Hauspie Partners With SK
Date Announced: 07.18.00
Value of transaction (US $Mil): 0
Description: Language software developer, telecommunications company create Korean voice-over-IP service.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 11,067.30
1-Yr. Sales Growth: (31.5)%
Employees: 4,434
Revenue per employee: $2,496,008.12

 KEY PEOPLE
• Chey Tae-Won
    CEO
• Kang Hong-Sin
    CFO

 CONTACT INFO
99 Seorin-Dong, Jongru-gu
Seoul 110-110, South Korea
Phone: 82-02-2121-5114
Fax: 82-02-2121-7001
Online: Web Site

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