S.Korea’s HMM tops carbon efficiency ranking on key shipping route

South Korea’s largest container line HMM Co. said on Thursday it had the lowest carbon emission intensity on East Asia–US West Coast rou...

Dongkuk Steel to develop carbon-saving hyper electric furnace

Dongkuk Steel Mill Co. has begun its research on carbon emission-reducing hyper-electric furnace processes.The company announced on Friday that it p...

LowCarbon, Space Florida sign agreement to build hydrogen hub

LowCarbon, South Korea's climate tech company, has signed an agreement on Thursday with Space Florida and Ocean Green Hydrogen, a Tampa-based climat...

POSCO decides to build electric furnace at Gwangyang Works

South Korea’s leading steelmaker POSCO on Tuesday said it will begin its transition to a low-carbon production system by building an electric ...

Hyundai Dream Tour partners with Air France-KLM for eco-friendly fuel

On Monday, Hyundai Dream Tour, a travel company affiliated with Hyundai Department Store Group, announced a partnership with Air France-KLM to promo...

SK Chemicals joins global initiative to cut carbon emissions

South Korea's SK Chemicals said on Monday that it has joined a global initiative that aims to set science-based targets for reducing greenhouse gas ...

S.Korea confirms economic slowdown, recession concerns loom

The South Korean finance ministry on Friday confirmed that the country’s economy has slowed, mired in stubbornly high inflation and sluggish e...

Hyundai Steel co-hosts symposium on low-carbon construction materials

Hyundai Steel has joined hands with the construction industry to increase the recycling of steel byproducts.On Tuesday, the steel maker organized a ...

POSCO to produce low-carbon steel raw material in Australia

South Korea's top steelmaker POSCO has launched a project in Australia to produce hot briquetted iron (HBI), an essential raw material for the adopt...

Samsung Electro-Mechanics achieves highest ranking in CDP evaluation

Samsung Electro-Mechanics has achieved its highest ranking in the Carbon Disclosure Project (CDP) evaluation of climate change response. The company...

SK E&S, Ce-tek demonstrate carbon dioxide absorbent

Ce-tek, a research company in carbon capture technology supported by South Korea's SK E&S, has conducted a demonstration experiment that dramati...

Kumho Petrochem's rubber products win eco-friendly certification

Kumho Petrochemical Co. said on Tuesday that its four synthetic rubber products including SSBR, HBR, LBR, and NdBR have earned International Sustain...

SKC eyes M&As in semiconductor, rechargeable battery materials

SKC Inc., a South Korean chemical materials company under SK Group, is seeking to buy semiconductor and rechargeable battery materials companies in ...

SK Innovation steps up carbon offset, green investments

SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is poised to strengthen its eco-friendly b...

Lotte Construction develops eco-friendly concrete

Lotte Engineering & Construction has developed eco-friendly concrete that can reduce carbon dioxide emissions by up to 90%. In collaboration wit...

SK Ecoplant passes industry-first carbon reduction target verification

South Korea's construction and engineering company SK Ecoplant Co. said on Thursday that it has passed the greenhouse gas reduction target verificat...

Hanwha Solutions, SKS Credit propel to build eco-friendly data center

Hanwha Solutions Corp. said on Monday that its business unit Hanwha Solutions Insight Division has signed a memorandum of understanding (MOU) with S...

Korea’s nuclear power: Ample export opportunities ahead

The recent energy crisis dealt a particularly hard blow to Europe given its heavy dependency on Russian gas. The world was once again awakened to th...

Samsung Electronics' life cycle assessment gauges CO2 emission impact from chips

Samsung Electronics Co. on Monday said it set up a life cycle assessment (LCA) methodology for semiconductors to achieve carbon neutrality by 2050.T...

KT signs mineral resource supply deal with Mongolia

South Korea’s telecom giant KT Corp. said on Thursday it has signed a mineral resources supply deal with the Mongolian government, under which...

Metaverse-based virtual offices: New breadwinner for LG CNS

LAS VEGAS – While buzzwords such as avatar and the metaverse are on everyone’s lips these days, waking up in the morning and going to a ...

Samsung Heavy, MISC to jointly develop floating CO2 storage units

South Korea's major shipbuilder Samsung Heavy Industries said on Thursday that it has signed an agreement with MISC Berhad, a Malaysian offshore ene...

Lotte Chem to sell Pakistan unit for $156 mn to finance other projects

Lotte Chemical Corp. is set to sell its Pakistan unit for 192.4 billion won ($155.8 million won) to a chemical company in the country as the South K...

Kookmin Card acquires Cambodian leasing firm at $5.2 mn

KB Kookmin Card, a credit card unit of KB Financial Group, and its Cambodian local subsidiary KB Daehan Specialized Bank, acquired the Southeast Asi...

POSCO Chemical moves into activated carbon business

POSCO Chemical Co. will join hands with Dong-Suh Chemical Industries Co. Ltd. to move into the activated carbon business, an eco-friendly material f...

KCCI launches Carbon Reduction Certification Center

The Korea Chamber of Commerce and Industry(KCCI) said Thursday that it has established the Carbon Reduction Certification Center, a professional org...

Korean government to finance $625 million for K-content in 2023

South Korean President Yoon Suk-yeol emphasized on Thursday the importance of K-content, saying content will become the most important industry to s...

Lotte Chemical to take part in CES for first time

South Korea's Lotte Chemical Corp. for the first time will take part this month in CES, the world's largest information technology and home applianc...

Korea proposes bigger tax breaks for chipmakers, key industries

The South Korean government plans to raise tax breaks for facility investments by big companies, including chipmakers, to as much as 25% following P...

CJ Logistics aims to achieve carbon neutrality goal by 2050

South Korea's parcel delivery company CJ Logistics said on Friday that it will achieve carbon neutrality by 2050 for a more sustainable future in lo...