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SK Enmove Co.

SK Enmove Co., a subsidiary of SK innovation, produces YUBASE base oil, ZIC lubricants, EV fluids, and immersion cooling fluids from Seoul, South Korea.

SK Enmove Co.

SK Enmove Co. is a wholly owned subsidiary of SK innovation, the energy and chemicals arm of the SK Group conglomerate. The firm was established as the lubricants and base oil division of SK innovation and operates primarily from its Seoul headquarters, with a global network that includes subsidiaries, joint corporations, and terminals. The company's wealth origin is the SK Group conglomerate, built on South Korea's energy and telecommunications sectors. The company's core business spans base oil production under the YUBASE brand, lubricants sold under the ZIC brand, EV fluids branded ZIC e-Flo, immersion cooling fluids, and HVAC fluids. SK Enmove serves automotive, industrial, and data center markets across multiple regions, including Asia, North America, and Europe. The firm's website highlights certifications including ISO 9001 and IATF 16949 quality management standards, and ACEA and API specifications for its lubricants. SK Enmove has been expanding its product line beyond traditional lubricants. In recent years it formed an alliance for immersion cooling to target the global AI data center market, and expanded its premium lubricant business in India. The firm also obtained certified next-generation refrigerants for HVAC systems. Adjacent operating companies within the SK innovation network include SK energy, SK geo centric, SK on, and SK earthon. SK Enmove differs from independent industrial lubricant firms because it operates as a division of SK innovation, which provides integrated supply of base oil, lubricants, and specialty fluids. The company's ownership within a large Korean conglomerate gives it access to captive R&D through the SK Innovation Institute of Environmental Science & Technology, and its ESG reporting is structured according to the group's sustainability framework.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

South Korea

City

Seoul

Corporate office

Seoul, South Korea

Sector focus

Industrial TechEnergy Transition & RenewablesClimateTech

Frequently asked questions

Who owns SK Enmove Co.?

SK Enmove is a wholly owned subsidiary of SK innovation, which is the energy and chemicals arm of the SK Group conglomerate based in South Korea.

What are SK Enmove's main product brands?

SK Enmove operates the YUBASE brand for premium base oil and the ZIC brand for lubricants. It also produces EV fluids under ZIC e-Flo, immersion cooling fluids, and HVAC fluids.

Does SK Enmove operate as a single family office or an operating company?

SK Enmove is an operating company, not a family office. It manufactures base oil, lubricants, and specialty fluids, and is a subsidiary of SK innovation.

What investment stages or asset classes does SK Enmove target?

SK Enmove does not operate as an investment firm. It is an industrial manufacturer focused on base oil, lubricants, EV fluids, immersion cooling, and HVAC fluids. The company invests in production capacity and technology for these product lines.

How is SK Enmove related to other SK Group entities?

SK Enmove is part of SK innovation's portfolio, alongside SK energy, SK geo centric, SK on, SK incheon petrochem, SK ie technology, and SK earthon. SK innovation is an intermediate holding company within SK Group.

What is SK Enmove's known posture on co-investments?

SK Enmove does not appear to participate in co-investments or fund commitments. Its public activity is limited to industrial partnerships, such as its immersion cooling alliance and expansion of lubricant distribution in India.

Where does SK Enmove source its raw materials?

SK Enmove sources base oil from its own production under the YUBASE brand, which uses SK innovation's advanced lubricant base oil technology. The company's supply chain is integrated with the SK innovation group.

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