Kolon Industries to develop biodegradable plastics

Kolon Industries to develop biodegradable plastics

Kolon Industries Inc., a South Korean chemical and textile manufacturer, is embarking on the development of biodegradable plastics using food wast...

Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary

Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary

Hyosung Chemical announced on Monday that it will invest $120 million in its Vietnamese subsidiary, Hyosung Vina Chemicals Co.Hyosung Vina Chemicals...

POSCO develops stainless steel for premium home appliances

POSCO develops stainless steel for premium home appliances

South Korea’s steel giant POSCO announced on Thursday that it has developed high-strength stainless steel materials based on the proprietary t...

Samsung rolls out industry’s finest 12 nm DDR5 DRAM chips

Samsung rolls out industry’s finest 12 nm DDR5 DRAM chips

Samsung Electronics Co. has begun mass production of 16 gigabit DDR5 DRAM chips, using the industry’s finest 12-nanometer process node, furthe...

SK Telecom develops quantum cryptography-based VPN

SK Telecom develops quantum cryptography-based VPN

South Korea's SK Telecom Co. announced on Wednesday that has completed the development of quantum key distribution (QKD) technology-based virtual pr...

LG Electronics enters antibacterial glass powder sector

LG Electronics enters antibacterial glass powder sector

LG Electronics Inc. on Wednesday said it will promote as one of its new growth engines antibacterial glass powder, or fine particles made with cru...

Hanwha Q Cells to unveil soundproof solar module

Hanwha Q Cells to unveil soundproof solar module

Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, announced on Wednesday that it will participate in the upcoming "W...

AskUp aims to make life more convenient, even with highball recipes

AskUp aims to make life more convenient, even with highball recipes

Amid the generative artificial intelligence technology sensation, businesses scramble to get creative in using AI to bolster their sales, and a Sout...

LG Chem aims higher for battery materials with diverse portfolio

LG Chem aims higher for battery materials with diverse portfolio

South Korea’s LG Chem Ltd. on Tuesday revised up its 2030 sales goal for battery materials by 45% after it delivered stronger-than-expected re...

Hyundai Rotem's hydrogen fuel cell tram wins iF Design Award

Hyundai Rotem's hydrogen fuel cell tram wins iF Design Award

Hyundai Rotem is South Korea's first rail company to win a global design award, with its hydrogen fuel cell tram claiming the main prize in the pr...

SK Chemicals, Comex jointly develop eco-friendly food storage containers

SK Chemicals, Comex jointly develop eco-friendly food storage containers

South Korea's SK Chemicals announced on Monday the launch of "Eco Clear," an airtight container developed in collaboration with Comex Industrial Co....

SE Asian visitors revive Seoul’s tourism industry

SE Asian visitors revive Seoul’s tourism industry

In Myeongdong, Seoul’s shopping mecca, on May 14, street vendors were busy soliciting foreign tourists, greeting them in their mother tongues ...

Kolon Industries to expand high-value specialty petroleum products plant

Kolon Industries to expand high-value specialty petroleum products plant

Kolon Industries Inc., a leading industrial materials maker in South Korea, announced on Monday that it will invest 24 billion won ($17.94 million) ...

K-Bio Lab Hub, Japan's iPark to jointly support bio startups

K-Bio Lab Hub, Japan's iPark to jointly support bio startups

South Korean Ministry of SMEs and Startups announced on Friday that it has reached the previous day an agreement with Japan's iPark Institute duri...

POSCO's steel H-beam gets highest certification for seismic resistance

POSCO's steel H-beam gets highest certification for seismic resistance

POS-H, an H-beam or steel beam made of rolled steel in the shape of the letter "H," of South Korean steelmaker POSCO’s premium brand of steel ...

Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1

Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1

Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...

SK Chemicals to show eco-friendly cosmetic containers in China

SK Chemicals to show eco-friendly cosmetic containers in China

South Korea's SK Chemicals Co. will participate in the China Beauty Expo 2023, hold in Shanghai, China, from May 12 for three days. This event is ...

S.Korea to apply private advanced tech to military weapons in 5 years

S.Korea to apply private advanced tech to military weapons in 5 years

South Korea has approved a fast-track system that slashes complex administrative procedures for application of private technology to the military&rs...

FKI, Keidanren launch fund for Korea-Japan partnerships

FKI, Keidanren launch fund for Korea-Japan partnerships

TOKYO – Major business lobby groups of South Korea and Japan have created a partnership fund of 200 million yen ($1.5 million) to accelerate i...

Kolon Industries to increase aramid pulp production for EVs

Kolon Industries to increase aramid pulp production for EVs

Kolon Industries Inc., a leading industrial materials maker in South Korea, said on Wednesday it will inject 22 billion won ($16.6 million) to expan...

Hyundai Steel launches online mall Hcore Store

Hyundai Steel launches online mall Hcore Store

South Korea's Hyundai Steel on Tuesday said it launched the e-commerce platform Hcore Store on a pilot basis to boost domestic sales of steel materi...

S.Korean gov't proposes nuclear power plant cooperation to Hungary

S.Korean gov't proposes nuclear power plant cooperation to Hungary

South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&o...

S.Korean startups eye on Southeast Asia as promising market

S.Korean startups eye on Southeast Asia as promising market

SINGAPORE - Southeast Asia with a youth population constituting about one-third of the region’s total population and surging internet penetrat...

S.Korea's Upstage to add AI chatbot AskUp to Japanese messaging app Line

S.Korea's Upstage to add AI chatbot AskUp to Japanese messaging app Line

South Korea's artificial intelligence (AI) tech company Upstage on Friday said it will install its artificial intelligence (AI) chatbot AskUp on the...

EcoPro BM share drops as falling material costs forecast to hurt revenue

EcoPro BM share drops as falling material costs forecast to hurt revenue

EcoPro BM Co., the top stock on South Korea’s junior bourse Kosdaq, declined on Wednesday as some brokerage houses have downgraded the shares ...

SK On to develop anode materials with Westwater Resources of US

SK On to develop anode materials with Westwater Resources of US

South Korea's electric vehicle (EV) battery maker SK On and the American graphite company Westwater Resources will jointly develop anode materials f...

CJ CheilJedang gets FDA approval for biodegradable packaging material

CJ CheilJedang gets FDA approval for biodegradable packaging material

South Korea's largest food and bio company CJ CheilJedang Corp. announced on Thursday that its biodegradable material polyhydroxyalkanoate (PHA) has...

KAI, bastion of South Korea’s fast-growing defense industry

KAI, bastion of South Korea’s fast-growing defense industry

SACHEON, South Gyeongsang Province – On a hot spring day in April, the roar of combat aircraft engines fills the air. It’s a normal day ...

S.Korea, US advised to cooperate in advanced nuclear power plant

S.Korea, US advised to cooperate in advanced nuclear power plant

Amid declining exports of nuclear power plants from major countries like South Korea and the US, Russia and China have captured about 80% of the glo...

Merck to build biopharma raw material plant in Korea

Merck to build biopharma raw material plant in Korea

Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in Daejeon.South Korean ...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race