SK Innovation Co Ltd - Company Profile
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SK Innovation Co Ltd (SK Innovation) is South Korea's leading petroleum and petrochemical company. Its diversified business operations, improved operating performance, and focus on R&D have strengthened its operations. However, increasing debt remain a cause of concern. The company is pursuing growth initiatives and capitalizing on the increase in global demand for oil, as well as entering into agreements that provide ample growth opportunities. Nevertheless, it faces challenges such as competition, variations in crude slate quality, and fluctuations in oil and gas prices, which could hinder its growth.
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