Air Products and Chemicals
Scope
Date
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Airlines
Cargo crisis delivers record earnings for HMM, Korean Air
The ongoing shipping cargo crisis has brought record-high earnings results in the first quarter to South Korea’s largest container line HMM Co...
May 14, 2021 (Gmt+09:00)
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Urban air mobility
Korean Air joins race for flying car business to rival Hyundai, Hanwha
Korean Air Lines Co. is entering into the business of urban air mobility (UAM), which is emerging as one of the most futuristic modes of transportat...
May 06, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix starts mass production of high-performance SSDs
South Korea’s SK Hynix Inc. has begun the mass production of its latest high-performance solid-state drives (SSDs) amid intensifying competiti...
Apr 15, 2021 (Gmt+09:00)
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Carbon neutrality
LG Chem expands carbon nanotube production with new plant
South Korea's LG Chem Ltd. has completed an extension of its production line for carbon nanotubes (CNTs), known as a wonder material for its strengt...
Apr 14, 2021 (Gmt+09:00)
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Bio & Pharma
SK, Kolon tie up on biodegradable plastic production
SK Global Chemical Co., a petrochemical subsidiary of SK Innovation Co., will produce biodegradable plastics together with chemical and textile heav...
Apr 07, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Oilbank, Air Products sign MOU to make hydrogen
Hyundai Oilbank Co., the oil refining unit under Hyundai Heavy Industries Holdings Co., has joined hands with US gas and chemical company Air Produc...
Apr 06, 2021 (Gmt+09:00)
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Batteries
Posco Chemical to supply EV battery materials to GM-LG Energy JV
Posco Chemical Co., the secondary battery materials unit of POSCO, will supply anodes, a key material used in electric car batteries, to the joint v...
Apr 05, 2021 (Gmt+09:00)
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Airlines
Korean Air feud ends with incumbent’s victory
The 15-month-long family feud over the control of Korean Air Lines Co. has ended with group chairman Cho Won-tae’s win over his sister Cho Hyu...
Apr 02, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air eyes $350 mn in cost savings from Asiana merger
Korean Air Lines Co. will retain its brand name after absorbing local rival Asiana Airlines Inc. in a span of around two years, with their merged en...
Apr 01, 2021 (Gmt+09:00)
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Batteries
Korean battery shares tumble as VW gears up for in-house production
Shares of South Koreas’ major battery makers tumbled on Tuesday after Volkswagen AG announced it will gradually switch the type of batteries u...
Mar 16, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor to introduce batch production system at local plant
South Korea’s Hyundai Motor Co. is considering introducing a new factory idea for its major local plant aimed at better responding to rising m...
Mar 08, 2021 (Gmt+09:00)
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Korean chipmakers
Qualcomm chip shortage may squeeze global smartphone production
The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world. ...
Mar 08, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air raises $2.9 bn in largest-ever share issue by Korean firm
Korean Air Lines Co. has raised 3.32 trillion won ($2.9 billion) from a new share sale as planned in the the largest-ever rights offering by a domes...
Mar 07, 2021 (Gmt+09:00)
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Semiconductor shortage
Qualcomm chip shortage may squeeze global smartphone production
The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world. ...
Mar 07, 2021 (Gmt+09:00)
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Korean startups
Graphene Square aims global with mass production of 'wonder material'
Graphene is often called a “wonder material” because of the extraordinary properties that come from its nano-scale structure. It is an e...
Mar 02, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor to ramp up fuel cell car production
South Korea-based Hyundai Motor Co. has decided to produce around 17,000 units of its hydrogen fuel cell electric vehicle (FCEV) this year, thrice t...
Mar 02, 2021 (Gmt+09:00)
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Rights offerings
Korean Air kicks off biggest-ever rights offer to finance Asiana takeover
Korean Air Lines Co. has kicked off its 3.3 trillion won ($3 billion) rights offering, the biggest amount ever by any South Korean company, to help ...
Feb 22, 2021 (Gmt+09:00)
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Automobiles
Renault vows action if Korean unit fails to improve productivity, cut costs
French auto giant Groupe Renault has warned of stern action against its struggling South Korean unit, urging it to improve productivity and cut cost...
Feb 09, 2021 (Gmt+09:00)
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Earnings
Korean Air: Another earnings surprise in Q4 2020
Korean Air Lines Co. (KAL) posted a positive earnings surprise in 2020, reporting an operating profit of 238.3 billion won ($212 million) amid a dra...
Feb 05, 2021 (Gmt+09:00)
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GM Korea to cut production; carmakers call for govt action
The South Korean arm of General Motors Co. has become the country’s first automaker forced to cut production due to the global semiconductor c...
Feb 04, 2021 (Gmt+09:00)
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Future mobility
Hyundai-partnered world-first urban airport project gets UK govt backing
A British urban air mobility project, in which South Korea’s Hyundai Motor Co. is a technology partner, has been chosen as the winner of the U...
Jan 29, 2021 (Gmt+09:00)
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Korean chipmakers
GM Korea to curb production as global chip shortages worsen
GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign t...
Jan 22, 2021 (Gmt+09:00)
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Petrochemicals
S.Korean chem firms look to specialty chemicals to drive growth
South Korea-based Kumho Petrochemical Co. stunned the market last year with a positive earnings surprise in the third quarter of 2020. The company...
Jan 17, 2021 (Gmt+09:00)
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F&B Industry
CJ Cheiljedang to set up food production plant in South Dakota
South Korea's food and beverage giant CJ CheilJedang Corp. will establish a food production plant that makes mandu in the 560,000 square meters of l...
Jan 13, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air begins due diligence on Asiana Airlines
The proposed union between South Korea’s two leading airlines is nearing the finish line as Korean Air Lines Co. begins due diligence on Asi...
Jan 12, 2021 (Gmt+09:00)
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CES 2021
K-startup products sweep CES 2021 innovation awards honors
A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the wor...
Jan 11, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air wins shareholders' approval for Asiana deal
Korean Air Lines Co. will proceed with its planned $1.6 billion acquisition of Asiana Airlines Inc. after winning approval from a majority of its sh...
Jan 06, 2021 (Gmt+09:00)
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Mergers & Acquisitions
NPS to veto Korean Air's acquisition of Asiana Airlines
The National Pension Service, the No. 2 shareholder of Korean Air Lines Co., will vote against the flag carrier’s plan to acquire Asiana Airli...
Jan 05, 2021 (Gmt+09:00)
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Factory suspension
Ssangyong Motor to briefly halt production at main plant
South Korea’s Ssangyong Motor Co. is temporarily suspending production at its main plant due to disruptions of auto parts supplies from its co...
Dec 23, 2020 (Gmt+09:00)
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Energy
S-Oil to speed up push into chemical business
S-Oil Corp., 63.4% owned by Saudi Aramco, will more than double its petrochemical production capacity over the next decade to further expand beyond ...
Dec 21, 2020 (Gmt+09:00)
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