Korean construction firms boost Saudi Arabia presence with megaprojects

RIYADH – South Korean firms are accelerating their efforts to win construction projects from Saudi Arabia as the Middle East’s largest e...
RIYADH – South Korean firms are accelerating their efforts to win construction projects from Saudi Arabia as the Middle East’s largest e...
Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...
South Korean mid-sized petrochemical company Jaewon Industrial Co. is looking to attract pre-IPO investment, according to investment banking sources...
GS Caltex Corp. Chief Executive Hur Sae-hong said on Monday he expects global oil prices, which remain elevated due to geopolitical tensions, won&rs...
South Korea’s petrochemical firm Lotte Chemical Corp., which signed a 2.7 trillion won ($1.9 billion) deal to acquire the world’s fourth...
Hyundai Chemical Co. on Wednesday held an official ceremony of completion of South Korea’s first heavy-feed petrochemical complex (HPC), desig...
DL Chemical Co., the petrochemical arm of South Korean conglomerate DL Group, is forecast to post robust third-quarter results despite sluggish sa...
China was South Korea’s top semiconductor buyer, purchasing 39.7% of overall Korean chip exports in 2021. The percentage increased 13 times ...
South Korea’s major petrochemical producer Lotte Chemical Corp. faced an earnings shock in the second quarter of 2022, hard hit by the perform...
Samsung Electronics Co., the world’s top memory chipmaker, plans to spend 20 trillion won ($15.1 billion) by 2028 on an advanced semiconductor...
Taekwang Industrial Co., a South Korean petrochemical and textile company, reported its first quarterly loss in 10 years amid weakness in its key bu...
South Korea’s major petrochemical company SK Geo Centric Co. is set to build an ethylene acrylic acid (EAA) plant in China with a local partne...
South Korea’s six biggest companies joined hands with Malaysia’s state energy firm Petroliam Nasional Berhad (Petronas) for the carbon c...
HanmiGlobal Co., a South Korean construction project management (PM) company, said on Monday it has won a 44 billion won ($34 million) deal, part of...
South Korea’s petrochemical companies will build power plants for the first time in their history to meet their rising energy needs on a stabl...
VA Corp. (VAC), a South Korean visual effects production startup, is building Asia’s largest virtual studio complex equipped with super-large ...
South Korea’s Lotte Chemical Corp. is advancing into the electric vehicle battery market by forming a $200 million joint venture with US batte...
South Korea's retail giant Shinsegae Group has joined forces with Seoul-based IGIS Asset Management Co. to bid for International Finance Center in S...
South Korean exporters such as Hyundai Motor Co. and Kia Corp. are jittery as the country’s won currency hit its strongest level versus the Ja...
Fears are growing over accelerating inflation in South Korea as Russia’s invasion of Ukraine boosted energy and raw materials prices. The cris...
South Korea’s Lotte Chemical Corp. plans to develop a decomposable bioplastic material in seawater for production based on petrochemicals for ...
YEOSU, South Jeolla Province -- Yeochun NCC (YNCC) Co., South Korea’s major petrochemical producer, shut down one of its plants on Friday afte...
South Korea’s Lotte Chemical Corp. is set to spend 602 billion won ($501.5 million) in building eco-friendly materials plants at one of its pe...
Daewoo Engineering & Construction Co. has said it signed a contract on Jan. 26. to develop the H1HH1 block in Starlake, a new urban town in no...
SK Group, South Korea’s third-largest conglomerate, plans to invest more than 1 trillion won ($835.3 million) in a research and development co...
South Korea’s Lotte Group agreed with the Indonesian government to resume a $3.9 billion petrochemical project in the Southeast Asian country,...
South Korean refiner Hyundai Oilbank Co. plans to build an eco-friendly power plant fueled with liquefied natural gas (LNG) and blue hydrogen to mee...
At the end of last year, executives of Kumho Petrochemical Co. were in a heated debate on whether or not to expand the capacity of nitrile butadiene...
South Korean builders Samsung Engineering and Hyundai Engineering Co. are in a tight race to win a $4 billion petrochemical project in Indonesia.Sam...
South Korea’s exports in November exceeded $60 billion for the first time in terms of monthly shipments to an all-time high, although caution ...