Energy
SK Lubricants rebrands with name change as SK Enmove
The new name represents firm's pursuit of energy efficiency; it will boost lube base oil production and thermal management for EVs
By Nov 21, 2022 (Gmt+09:00)
1
Min read
Most Read
Samsung steps up AR race with advanced microdisplay for smart glasses


When in S. Korea, it’s a ritual: Foreigners make stops at CU, GS25, 7-Eleven


Maybe Happy Ending: A robot love story that rewrote Broadway playbook


NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen


US auto parts tariffs take effect; Korea avoids heavy hit



SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.
The new name combines the prefix “en” of environmental-friendly, ensuring and enabling with “movement,” representing the company’s efforts for innovations.
SK Lubricants said the new name will express the firm's will to pursue energy efficiency, while the existing name simply describes its business area.
The company, under Korea’s top refiner SK Innovation Co., will focus on producing premium lube base oil as well as accelerate its new businesses such as lubricants and thermal management for electric vehicles.
The lube-making unit of Korea’s third-largest conglomerate SK Group is proactively boosting its thermal management. In March, SK Lubricants invested $25 million in Green Revolution Cooling Inc. (GRC), a US liquid immersion cooling solutions provider for data centers, to develop its liquid-based thermal management business.
Write to Seo-Woo Jang at suwu@hankyung.com
Jihyun Kim edited this article.
More to Read
-
Corporate strategySK Lubricants invests $25 mn in US liquid immersion cooling firm
Mar 30, 2022 (Gmt+09:00)
1 Min read -
Mergers & AcquisitionsIMM Private Equity to acquire 40% stake in SK Lubricants for $900 million
Apr 22, 2021 (Gmt+09:00)
2 Min read -
Mergers & AcquisitionsSK Lubricants draws Japan's refiner Enoes, three PEFs
Mar 12, 2021 (Gmt+09:00)
2 Min read -
Mergers & AcquisitionsGlobal oil refiners, local PEs among 7 bidders for SK Lubricants stake
Nov 30, 2020 (Gmt+09:00)
2 Min read
Comment 0
LOG IN