SK Innovation and Eneos management meet and agree to cooperate in energy development = South Korean report

On the 1st, major chemical company SK Innovation held a meeting with Eneos' management on October 31st, reviewed the achievements of cooperation to date, and agreed to continue cooperation in the future.
Announced. Meetings started in 2007. The management teams of both companies are sharing the current status of the energy industries in both countries and discussing cooperation policies.
The two companies have signed a memorandum of understanding (MOU) regarding the matters discussed. Here we have a joint venture with low carbon energy resources.
Strengthening the competitiveness of the petroleum business through cooperation on development, supply and demand of petroleum products, and facility operation, and developing new businesses related to promoting circular economy and carbon dioxide (CO2) reduction in the chemical and lubricating oil businesses.
It's included. To make this a reality, the two companies will share technological capabilities in the field of low-carbon energy resources such as sustainable aviation fuel (SAF) and CO2 capture, utilization and storage (CCUS).
We decided to explore the project together. In the oil business, we are constantly working together to optimize the operation of SK Energy's Ulsan complex and Japan's Eneos oil refinery.
We will build a system to respond to changes in the situation. In the chemicals and lubricants business, major chemical company SK Geocentric (formerly SK General Chemical) is promoting circular economy and CO2 reduction in the petrochemical field.
In addition, SK Enmove, which specializes in lubricants, will promote cooperation in immersion cooling and waste lubricant upcycling projects.