[Concall] SK Inno "This Year’s Facility Investment 10 Trillion Won... 7 Trillion Won for Battery"

[Asia Economy Reporter Choi Seoyoon] SK Innovation announced on the 7th during the Q4 earnings conference call that it has established an investment plan totaling KRW 10 trillion for this year's capital expenditures (CAPEX).

Kim Youngseop, Chief Financial Officer (CFO), stated, "To complete BlueOvalSK on schedule, we will actively proceed with investments this year," adding, "We plan to invest KRW 7 trillion to secure new battery capacity and approximately KRW 3 trillion combining ongoing and strategic investments in the battery business."

He continued, "We will continuously promote growth drivers in green businesses that have already been commercialized, such as batteries and materials," and said, "We also plan to support new businesses such as Battery Material Recycling (BMR) and plastic recycling without any setbacks."

This content was produced with the assistance of AI translation services.