SK chemicals is a company providing eco-friendly chemical materials and total healthcare solutions, with core businesses in Green Chemicals (copolyester, bio-polyols) and Life Science (synthetic new drugs, natural product medicines, vaccines).SKchemicalsisacompanyprovidingeco-friendlychemicalmaterialsandtotalhealthcaresolutions,withcorebusinessesinGreenChemicals(copolyester,bio-polyols)andLifeScience(syntheticnewdrugs,naturalproductmedicines,vaccines).
Key Products/TechnologiesKeyProducts/Technologies
The Green Chemicals business segment holds a portfolio of highly transparent, heat-resistant copolyester products including SKYGREEN (PETG), ECOZEN, CLARO, ECOTRIA, and SKYPET. These products are eco-friendly materials free from bisphenol derivatives (BPA) and phthalate plasticizers, characterized by excellent transparency, chemical resistance, and processability.TheGreenChemicalsbusinesssegmentholdsaportfolioofhighlytransparent,heat-resistantcopolyesterproductsincludingSKYGREEN(PETG),ECOZEN,CLARO,ECOTRIA,andSKYPET.Theseproductsareeco-friendlymaterialsfreefrombisphenolderivatives(BPA)andphthalateplasticizers,characterizedbyexcellenttransparency,chemicalresistance,andprocessability.
In the bio-materials sector, the company has commercialized PO3G (Polyoxytrimethylene ether glycol), a 100% bio-based bio-polyol derived from fermented corn, under the ECOTRION brand. ECOTRION reduces greenhouse gas emissions by 40% during the entire production process compared to conventional polyols, contributing to improved softness, elasticity, and abrasion resistance when applied to textiles and artificial leather.Inthebio-materialssector,thecompanyhascommercializedPO3G(Polyoxytrimethyleneetherglycol),a100%bio-basedbio-polyolderivedfromfermentedcorn,undertheECOTRIONbrand.ECOTRIONreducesgreenhousegasemissionsby40%duringtheentireproductionprocesscomparedtoconventionalpolyols,contributingtoimprovedsoftness,elasticity,andabrasionresistancewhenappliedtotextilesandartificialleather.
For high-performance materials, it produces super engineering plastics such as SKYPURA, SKYPEL, and SKYTRA, utilized in electronic products and automotive materials due to their excellent heat resistance, durability, and light resistance. Additionally, it supplies petrochemical and specialty chemical products like DMT (Dimethyl Terephthalate) and CHDM-based DMCD, CHDA.Forhigh-performancematerials,itproducessuperengineeringplasticssuchasSKYPURA,SKYPEL,andSKYTRA,utilizedinelectronicproductsandautomotivematerialsduetotheirexcellentheatresistance,durability,andlightresistance.Additionally,itsuppliespetrochemicalandspecialtychemicalproductslikeDMT(DimethylTerephthalate)andCHDM-basedDMCD,CHDA.
The Life Science business segment possesses capabilities in the development and production of synthetic new drugs, natural product medicines, and biological drugs. It has established a diverse pharmaceutical portfolio including Korea's first new drug 'Sunpla', erectile dysfunction treatment 'MVIX', natural product new drug 'Joins', arthritis treatment patch 'Trast', and blood circulation enhancer 'Ginexin'.TheLifeSciencebusinesssegmentpossessescapabilitiesinthedevelopmentandproductionofsyntheticnewdrugs,naturalproductmedicines,andbiologicaldrugs.IthasestablishedadiversepharmaceuticalportfolioincludingKorea'sfirstnewdrug'Sunpla',erectiledysfunctiontreatment'MVIX',naturalproductnewdrug'Joins',arthritistreatmentpatch'Trast',andbloodcirculationenhancer'Ginexin'.
The vaccine business, primarily through its subsidiary SK bioscience, holds self-developed vaccines such as the world's first quadrivalent cell-culture flu vaccine 'SKYCellflu Quadrivalent', shingles vaccine 'SKY Zoster', and varicella vaccine 'SKY Varicella'. Notably, 'SKYCellflu Quadrivalent' received the world's first WHO PQ certification, recognizing its technological prowess.Thevaccinebusiness,primarilythroughitssubsidiarySKbioscience,holdsself-developedvaccinessuchastheworld'sfirstquadrivalentcell-culturefluvaccine'SKYCellfluQuadrivalent',shinglesvaccine'SKYZoster',andvaricellavaccine'SKYVaricella'.Notably,'SKYCellfluQuadrivalent'receivedtheworld'sfirstWHOPQcertification,recognizingitstechnologicalprowess.
Core AdvantagesCoreAdvantages
Leading technological capabilities in eco-friendly materials are a core competitive advantage. The company boasts innovative achievements such as developing Korea's first bottle-grade polyester resin, being the second globally to commercialize PETG, and the world's first to mass-produce chemically recycled copolyester.Leadingtechnologicalcapabilitiesineco-friendlymaterialsareacorecompetitiveadvantage.ThecompanyboastsinnovativeachievementssuchasdevelopingKorea'sfirstbottle-gradepolyesterresin,beingthesecondgloballytocommercializePETG,andtheworld'sfirsttomass-producechemicallyrecycledcopolyester.
Its capability to develop bio-based eco-friendly products is a distinctive strength. By commercializing the 100% bio-based bio-polyol PO3G (ECOTRION) derived from fermented corn, it leads the eco-friendly material market.Itscapabilitytodevelopbio-basedeco-friendlyproductsisadistinctivestrength.Bycommercializingthe100%bio-basedbio-polyolPO3G(ECOTRION)derivedfromfermentedcorn,itleadstheeco-friendlymaterialmarket.
A diversified business portfolio provides stability against market fluctuations. Balanced growth across Green Chemicals and Life Science businesses establishes a foundation for continuous revenue generation.Adiversifiedbusinessportfolioprovidesstabilityagainstmarketfluctuations.BalancedgrowthacrossGreenChemicalsandLifeSciencebusinessesestablishesafoundationforcontinuousrevenuegeneration.
The implementation of ESG strategies and attainment of high ratings in sustainable management are long-term competitive factors. The company focuses on eco-friendly management, aiming for 90% sales of recycled and bio-based products by 2040 and pursuing net-zero greenhouse gas emissions.TheimplementationofESGstrategiesandattainmentofhighratingsinsustainablemanagementarelong-termcompetitivefactors.Thecompanyfocusesoneco-friendlymanagement,aimingfor90%salesofrecycledandbio-basedproductsby2040andpursuingnet-zerogreenhousegasemissions.
High global market share and strategic partnerships enhance market dominance. With over 40% share in the global copolyester market, it focuses on market expansion through collaborations with major domestic and international clients and research institutions.Highglobalmarketshareandstrategicpartnershipsenhancemarketdominance.Withover40%shareintheglobalcopolyestermarket,itfocusesonmarketexpansionthroughcollaborationswithmajordomesticandinternationalclientsandresearchinstitutions.
A strategy of transitioning to a high-value-added product portfolio contributes to improved profitability. Through the conversion of facilities to high-value copolyesters and the development of new products, it maintains a technological gap with latecomers and strengthens its unique position.Astrategyoftransitioningtoahigh-value-addedproductportfoliocontributestoimprovedprofitability.Throughtheconversionoffacilitiestohigh-valuecopolyestersandthedevelopmentofnewproducts,itmaintainsatechnologicalgapwithlatecomersandstrengthensitsuniqueposition.
Target IndustriesTargetIndustries
Copolyester products are applied in diverse fields such as cosmetic containers, household goods, home appliances, food packaging containers, medical packaging, sports water bottles, architectural protective covers, display signs, industrial products, and shrink film.Copolyesterproductsareappliedindiversefieldssuchascosmeticcontainers,householdgoods,homeappliances,foodpackagingcontainers,medicalpackaging,sportswaterbottles,architecturalprotectivecovers,displaysigns,industrialproducts,andshrinkfilm.
Bio-polyol (ECOTRION) is primarily used in products requiring elasticity, such as polyurethane, spandex, artificial leather, shoe soles, clothing, furniture upholstery, and automotive interior materials (e.g., Genesis GV60 seats).Bio-polyol(ECOTRION)isprimarilyusedinproductsrequiringelasticity,suchaspolyurethane,spandex,artificialleather,shoesoles,clothing,furnitureupholstery,andautomotiveinteriormaterials(e.g.,GenesisGV60seats).
Engineering plastics are utilized in areas requiring high heat and durability, including electronic products and automotive parts (connectors).Engineeringplasticsareutilizedinareasrequiringhighheatanddurability,includingelectronicproductsandautomotiveparts(connectors).
Petrochemical products like DMT are widely used as raw materials in the synthesis of polyester film, fiber, engineering plastics, and adhesives.PetrochemicalproductslikeDMTarewidelyusedasrawmaterialsinthesynthesisofpolyesterfilm,fiber,engineeringplastics,andadhesives.
Specialty chemical products such as DMCD and CHDA are mainly used in the paint and coating industries.SpecialtychemicalproductssuchasDMCDandCHDAaremainlyusedinthepaintandcoatingindustries.
The pharmaceutical business segment provides medicines for the prevention and treatment of various diseases, including musculoskeletal system disorders, urinary system conditions, anti-inflammatory agents/analgesics, and common cold/antihistamine drugs.Thepharmaceuticalbusinesssegmentprovidesmedicinesforthepreventionandtreatmentofvariousdiseases,includingmusculoskeletalsystemdisorders,urinarysystemconditions,anti-inflammatoryagents/analgesics,andcommoncold/antihistaminedrugs.
The vaccine business contributes to public health by preventing infectious diseases such as influenza, shingles, varicella, pneumococcal disease, meningococcal meningitis, and Japanese encephalitis.Thevaccinebusinesscontributestopublichealthbypreventinginfectiousdiseasessuchasinfluenza,shingles,varicella,pneumococcaldisease,meningococcalmeningitis,andJapaneseencephalitis.
Major MarketsMajorMarkets
South Korea, China, JapanSouthKorea,China,Japan
Europe (EMEA region for copolyester distribution)Europe(EMEAregionforcopolyesterdistribution)
United StatesUnitedStates
Certifications/PatentsCertifications/Patents
PO3G (ECOTRION) has received eco-friendly certifications from the USDA (U.S. Department of Agriculture) and TÜV Austria Belgian (formerly VINCOTTE).PO3G(ECOTRION)hasreceivedeco-friendlycertificationsfromtheUSDA(U.S.DepartmentofAgriculture)andTÜVAustriaBelgian(formerlyVINCOTTE).
SKYGREEN (PETG) holds FDA 21 CFR 117 food contact approval, complies with EU Food Contact regulations, and is UL listed (E215991-229326).SKYGREEN(PETG)holdsFDA21CFR117foodcontactapproval,complieswithEUFoodContactregulations,andisULlisted(E215991-229326).
The varicella vaccine 'SKY Varicella Inj.' obtained the world's second WHO PQ (Pre-qualification) certification.Thevaricellavaccine'SKYVaricellaInj.'obtainedtheworld'ssecondWHOPQ(Pre-qualification)certification.
The quadrivalent cell-culture flu vaccine 'SKYCellflu Quadrivalent' obtained the world's first WHO PQ certification.Thequadrivalentcell-culturefluvaccine'SKYCellfluQuadrivalent'obtainedtheworld'sfirstWHOPQcertification.
The company has received excellent ratings from domestic and international ESG evaluation agencies, including MSCI ESG AA rating for two consecutive years, KCGS A+ rating for three consecutive years, EcoVadis Gold medal, and CDP Climate Change and Water Leadership A rating.ThecompanyhasreceivedexcellentratingsfromdomesticandinternationalESGevaluationagencies,includingMSCIESGAAratingfortwoconsecutiveyears,KCGSA+ratingforthreeconsecutiveyears,EcoVadisGoldmedal,andCDPClimateChangeandWaterLeadershipArating.
Possesses unparalleled technology in the production of BPA-free transparent heat-resistant copolyester and biodegradable material PLA.PossessesunparalleledtechnologyintheproductionofBPA-freetransparentheat-resistantcopolyesterandbiodegradablematerialPLA.
Successful application of its self-developed super engineering plastic PCT (polycyclohexylene hexylenedimethylene terephthalate) material 'Skypura' to automotive connectors.Successfulapplicationofitsself-developedsuperengineeringplasticPCT(polycyclohexylenehexylenedimethyleneterephthalate)material'Skypura'toautomotiveconnectors.
Introduction
Location
310 Pangyo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, South Korea
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Information
310 Pangyo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, South Korea