Meritz Alternative to invest in Washington DC building
South Korea’s Meritz Alternative Investment Management Co. is set to invest in an office building in Washington DC.Meritz formed a 200 billion...
NPS, Hines ink $2.5 bn US redevelopment project
South Korea's National Pension Service (NPS) and Hines have jointly acquired the headquarters complex of Pacific Gas & Electric Company (PG&...
KT, Samsung Medical Center extend ties in building robot-driven hospitals
KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...
GS E&C to build EV battery recycling plant near POSCO
GS Engineering & Construction Co. (GS E&C) has launched the construction of its first lithium-ion battery recycling plant in a South Korean ...
SK, Group14 Technologies to build $726 mn battery material plant
SK Materials Co., the industrial gas manufacturing affiliate of SK Group, said on Tuesday it is jointly investing 850 billion won ($726 million) wit...
LG Chem, ADM to build JV in US to produce bioplastics made from corn
South Korea’s LG Chem Ltd. said on Tuesday it is jointly building a corn-based bioplastic plant in the US with Archer Daniels Midland Co., a g...
Daewoo Shipbuilding tops 2021 order target
Daewoo Shipbuilding & Marine Engineering Co. exceeded its order target for this year with a $846 million contract for liquefied natural gas (LNG...
Seoul Q2 office prices rise at fastest rate in 10 yrs
Seoul office building prices rose at their strongest rate in 10 years in the second quarter of this year, driven by domestic investors as the Seoul ...
EcoPro BM to reveal overseas production plans in mid-Oct
South Korea’s battery materials maker EcoPro BM Co. is set to unveil its plans for manufacturing in other countries including the United State...
SK Ecoplant to sell plant building business before IPO
SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is in advanced stages of talks with a consortium of South Korea-based IUM ...
KOGAS, Hanwha-led group to build Vietnam LNG power plant
Korea Gas Corp. (KOGAS) and Hanwha Energy Corp.-led group was set to build a $4.8 billion liquefied natural gas (LNG) power plant in Vietnam that is...
LG Chem to set up next-generation bio-oil plant in Korea
South Korea’s LG Chem Ltd. plans to build a next-generation bio-oil plant in the country with a local biodiesel company as the petrochemical m...
LG Energy Solution, SK Innovation raise global battery market shares
LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...
Sumitomo Chemical to build $90 million photoresist plant in S.Korea
Japan’s major chemical company Sumitomo Chemical Co. will invest more than 10 billion yen ($91 million) in South Korea to manufacture photores...
Warehouse investments in Korea on hold after Coupang fire
South Korean landowners, in particular in the Seoul Metropolitan Area, were recently forced to stop negotiations with the would-be buyers of their l...
NPS in $2 bn real estate development project in Seoul
The National Pension Service (NPS) has agreed to participate in a 2.6 trillion won ($2.2 billion) real estate development project in western Seoul, ...
Govt pension fund eyes real estate in non-core areas
South Korea's Government Employees Pension Service (GEPS) is setting its sights on overseas office buildings not only in core regions but in its per...
KSOE in $1.4 billion deal to build 8 methanol-powered ships for Maersk
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...
LG Chem to spend $2.2 billion to build 10 new eco-friendly factories
LG Chem Ltd., South Korea’s top chemical maker, said on Thursday it is spending 2.6 trillion won ($2.2 billion) to strengthen its green busine...
Samsung SDI may build battery plant in Illinois
e Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is considering building its first US battery plant in central Il...
Samsung SDI may build battery plant in Illinois
Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is considering building its first US battery plant in central Illin...
MBK chair says philanthropy, writing are equally important in his life
Michael ByungJu Kim, founder and chairman of Korea’s largest private equity firm MBK Partners, will donate 30 billion won ($26 million) to the...
Kakao to strengthen subscription services after Q2 results
Kakao Corp. this year has reported the highest second-quarter earnings in company history.Its regulatory filing on Aug. 6 posted an operating profit...
Hyundai Motor, LG Energy to build $1.1 bn EV battery plant in Indonesia
Hyundai Motor Group and LG Energy Solution Ltd. will invest $1.1 billion in an electric vehicle (EV) battery cell factory in Indonesia to capture As...
POSCO to build $200 mn nickel refining plant to ramp up battery materials
POSCO, the world’s fifth-largest steelmaker by output, said on Wednesday it is spending 230 billion won ($200 million) to build a nickel sulfa...
Samsung SDI to build EV battery plant in US
Samsung SDI Co. plans to set up an electric vehicle (EV) battery plant in the US, joining South Korean battery producers’ move to gain ground ...
CJ ENM to build virtual studio with Samsung’s new commercial displays
South Korean media company CJ ENM Co. is using Samsung Electronics Co.’s new commercial displays for a virtual production studio to spearhead ...
LS Cable to build Korea’s tallest cable production tower, invest $161 million
LS Cable & System Ltd. is investing 185.9 billion won ($161 million) to expand its high-voltage underwater cable manufacturing facilities, inclu...
LG Chem to form separator JV with Japan’s Toray
LG Chem Ltd., South Korea’s top chemical maker, and Japan’s Toray Industries Inc. will set up a joint venture (JV) for separators, cor...
NPS bets big on property development as asset prices soar
The National Pension Service (NPS) has been increasing its appetite for office buildings in the development stage as part of an effort to snatch up ...
