SKC

Name

SKC

Legal name

SKC Corporation

Website

https://skc.co.kr

Company type

Public

Founded year

1976

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Advanced Materials Manufacturing

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Other Electrical Equipment and Component Manufacturing (3359), Paint, Coating, and Adhesive Manufacturing (3255)

SIC

Semiconductors & Related Devices (3674), Industrial Organic Chemicals (2860), Unsupported Plastics Film & Sheet (3081), Electronic Components & Accessories (3670)

akta.pro primary industry

Current Collectors & Foils (Copper, Aluminum) Manufacturing (EUAFABAF)

akta.pro secondary industries

Solid-State Battery Materials & Cell Manufacturing (EUAFABAH), Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)

Keywords

• Battery copper foil
• Semiconductor glass substrates
• Biodegradable polymer materials
• Propylene oxide production
• Advanced materials manufacturing

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices15 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Rechargeable Battery Materials: Revenue from copper foil products for lithium-ion battery anodes, sold to major global EV battery manufacturers and energy storage system companies. Includes ultra-thin, high-strength, and high-elongation copper foil variants. Revenue from SK Nexilis subsidiary.
2. Semiconductor Materials: Revenue from glass substrates for advanced chip packaging (via Absolics subsidiary) and test sockets/interfaces for semiconductor testing (via ISC subsidiary). Includes WiDER series test sockets for AI, GPU, and CPU applications.
3. Specialty Petrochemicals: Revenue from propylene oxide (PO), propylene glycol (PG), and related specialty chemical products via SK picglobal joint venture. Includes cooling fluids for AI data centers launched December 2025.
4. Eco-Friendly Materials: Revenue from biodegradable materials including high-strength PBAT and LIMEX, targeting sustainable packaging and plastic replacement applications. Via SK leaveo subsidiary.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

SKC manufactures and sells advanced industrial materials including ultra-thin copper foil for lithium-ion battery anodes (via SK nexilis), glass substrates and test sockets for semiconductor packaging (via Absolics and ISC), biodegradable polymers PBAT and LIMEX (via SK leaveo and SK TBMGEOSTONE), and propylene oxide/glycol (via SK picglobal joint venture). Products are sold B2B to global battery manufacturers, semiconductor FABs/OSATs, automotive OEMs, and packaging companies, with manufacturing operations across Korea, Malaysia, Poland, the United States, Vietnam, China, and Japan.

Product overview

SKC operates as a diversified advanced materials company organized into three core business sectors — rechargeable battery materials (centered on copper foil for lithium-ion battery anodes via SK nexilis), semiconductor materials (encompassing glass substrates through Absolics, test sockets through ISC, and cooling fluids for AI data centers), and eco-friendly materials (including biodegradable PBAT and LIMEX). The company also maintains a specialty petrochemical business through SK picglobal (producing propylene oxide via its proprietary HPPO process and propylene glycol). SKC positions itself as a 'Global ESG Material Solutions Company' with a portfolio transformed since 2020 from film and chemicals toward high value-added advanced materials, supported by a global manufacturing network spanning Korea, Malaysia, Poland, the U.S., Vietnam, China, and Japan.

Differentiator

Problem solved

Functional benefit

Brands

• SK nexilis: Copper foil for rechargeable battery anodes
• Absolics
• SK picglobal
• SK leaveo
• ISC

Products and services

• Glass Substrate (Absolics)

Quantifiable outcome

• Glass substrates reduce substrate thickness by 25% and power consumption by over 30%
• +7 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• HaliominorStrategic or Co-development Partner · 1 September 2023Investment in Halio as part of SKC's strategic expansion in advanced materials for semiconductor and battery applications.
• Ecovans VietnamminorStrategic or Co-development Partner · 1 August 2023Decision to invest in EcoVans Vietnam for eco-friendly materials production expansion in Vietnam market.
• Toyota TsushocoreStrategic or Co-development Partner · 1 July 2023Signed agreement to establish joint venture for Toyota Tsusho's copper foil business, enhancing SK Nexilis' presence in the global copper foil market and strengthening supply chain ties with Toyota Group.
• POSCO GroupminorStrategic or Co-development Partner · 1 July 2023Signed agreement to enhance competitiveness of POSCO Group's EV materials business, establishing strategic cooperation for electric vehicle materials.
• TBM (Japan)coreStrategic or Co-development Partner · 1 January 2021Established SK TBMGEOSTONE joint venture with TBM of Japan for developing and commercializing biodegradable LIMEX materials based on TBM's specialized composition and compounding technology.
• Daesang Group and LX InternationalcoreStrategic or Co-development Partner · 1 January 2021Decided to establish joint venture with Daesang Group and LX International for manufacturing high-strength PBAT biodegradable materials.
• Petrochemical Industries Company (PIC) of KuwaitcoreStrategic or Co-development PartnerSK picglobal is a joint venture established between SKC (51%) and Kuwait's PIC (49%) for producing high-value specialty petrochemical products including propylene oxide (PO) and propylene glycol (PG). The partnership leverages PIC's feedstock expertise and SKC's process technologies including the world's first HPPO process. SK picglobal is currently being considered for integrated sale as part of SK Group's petrochemical restructuring.
• Applied Materials (AMAT)coreTechnology or IntegrationAbsolics is strengthening execution under new CEO leadership while building collaboration with global partners including AMAT for glass substrate development and commercialization. The partnership focuses on accelerating glass substrate manufacturing and qualification for AI semiconductor packaging.
• ChipletzminorStrategic or Co-development PartnerSKC made investment in Chipletz as part of its semiconductor packaging ecosystem development strategy.

Scale indicators15 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• Mitsui Mining & Smelting: Japanese materials company producing copper foil for batteries and semiconductor packaging materials. Comparable to SKC's dual exposure to battery and semiconductor advanced materials businesses.
• Nuode Investment: Major Chinese copper foil manufacturer with significant cost advantages and rapidly expanding capacity. Direct competitor in commodity and mid-grade battery copper foil markets.
• FormFactor: US semiconductor test equipment and probe card manufacturer serving memory and logic chip testing markets. Comparable to ISC's WiDER test socket business in semiconductor test interface solutions.
• JX Advanced Metals: Subsidiary of JX Nippon Mining & Metals producing high-end copper foil for EV batteries and semiconductor applications. Comparable to SK Nexilis in serving both battery and electronics-grade copper foil markets.
• Iljin Materials: Korean copper foil manufacturer supplying anode current collectors to global battery makers. Direct competitor to SK Nexilis in ultra-thin battery copper foil with similar technology focus and customer base.
• Furukawa Electric: Japanese manufacturer of electrodeposited copper foil for lithium-ion batteries. Competes head-to-head with SK Nexilis in supplying ultra-thin foil to Asian battery manufacturers with comparable technology heritage.

Broad incumbents

• POSCO Future M: Korean battery materials subsidiary of POSCO Group producing cathode active materials and battery components. Comparable diversified battery materials player with whom SKC has strategic cooperation agreement for EV materials.
• AGC Inc. Major Japanese glass manufacturer with semiconductor and electronics glass substrate offerings. Broad incumbent competing with Absolics in advanced packaging glass substrates, leveraging massive R&D resources.
• LG Chem: Korean chemical and battery materials conglomerate with diversified cathode, anode, and separator businesses. Broad incumbent comparable to SKC's battery materials strategy but at much larger scale across the full battery materials stack.

Emerging players

• Corning Incorporated: US glass specialist developing advanced glass substrates for semiconductor packaging. Competing with Absolics in glass core substrates for AI/HPC chip packaging, with deeper manufacturing experience and customer relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCA2A5A-iKIpYcikeqXJf4ug
• LinkedInlinkedin.com/company/skc1

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SKC