SKC co-invests $80 mn in battery materials maker Nexeon
Chemical materials producer SKC Co. said on Jan. 26 its consortium has completed an $80 million investment in UK battery materials startup Nexeon ...
SK Group to establish $835 mn green biz R&D complex
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...
Materials, parts makers drive Korea's 2021 M&A boom
Materials, components and equipment makers drove South Korea's mergers and acquisitions market to a record high last year, with smaller deals involv...
Hanwha Solutions shares rebound to near 40,000 won mark
Hanwha Solutions Corp. shares are rebounding after a two months-long slide. The bounce back comes on the back of expectations that its operating pro...
LG Chem, China’s Huayou Cobalt to build battery metal JV in Korea
South Korea’s top chemical maker LG Chem Ltd. will partner with China’s Zhejiang Huayou Cobalt Co. to launch a battery material joint ve...
Rechargeable battery shares slump to lowest level in a year
Rechargeable battery shares in Korea are continuing their slide, hit by global supply shortages. In addition to the companies that produce completed b...
POSCO approves holding company plan for eco-friendly business
South Korea’s POSCO Co. is set to split off the company to launch an investment holding firm, 21 years after its privatization. The move aims ...
Korea's EcoPro BM to build first overseas plant in Hungary
EcoPro BM Co., South Korea’s top cathode materials producer, has decided to set up its first overseas plant in Hungary.EcoPro BM on Dec. 9 ann...
Hyundai Oilbank to make building, paper materials with carbon
South Korean refiner Hyundai Oilbank Co. is set to produce eco-friendly materials for construction and paper with by-products of refining as it seek...
POSCO Chemical, GM to launch new battery material JV in US
South Korea’s POSCO Chemical Co. said on Thursday it is forming a new joint venture with US top automaker General Motors Co. to produce cathod...
SK’s holding firm completes merger with materials arm
SK Inc., the investment and holding company of South Korea’s conglomerate SK Group, completed the merger with SK Materials Co. with aim to exp...
Korea Zinc to double battery material output capacity
Korea Zinc Inc., the world’s top lead and zinc smelter, plans to double its production capacity of nickel sulfate, a key raw material for cath...
Korea copper foil makers on bull run amid demand hopes
South Korean stocks related to secondary batteries, especially shares in cathode and anode materials producers, have rallied on strong growth in the...
LG Chem, GS Caltex to produce biodegradable plastic material
South Korea’s top petrochemical maker LG Chem Ltd. and the No. 2 refiner GS Caltex Corp. have agreed to jointly produce a biodegradable plasti...
Hyundai Motor Group seeks to buy Korea waste treatment firm
Hyundai Engineering Co., Hyundai Motor Group’s construction arm, has joined the race to buy a South Korean garbage treatment company as the gr...
SK, Beijing Easpring Material join hands on battery materials
SK Inc., the holding and investment company of South Korea’s SK Group, and Beijing Easpring Material Technology Co., a major Chinese cathode m...
POSCO to quadruple steel sheet production for eco-friendly cars
South Korean steelmaking giant POSCO Co. is slated to quadruple its production of non-grain-oriented electrical steel sheet, a key material in the...
POSCO Chem's rise from brickworks to EV materials leader
POHANG, South Korea - When POSCO Chemical Co., better known as a refractory brick manufacturer until the early 1990s, announced its entry into the a...
North Korea can make more uranium for nuclear bombs than previously thought
SEOUL—North Korea has the capacity to make more base ingredients for nuclear bombs than previously believed, according to new research, sugg...
Sartorius to invest $300 mn in bio material, equipment plant in Korea
Sartorius AG, German laboratory equipment and raw material maker, is slated to invest $300 million in the next three years to build a plant in South...
SKC to invest $33 mn in British battery materials startup Nexeon
South Korea’s SKC Co. is set to invest $33 million in Nexeon Ltd., a British battery materials maker, for the silicon anode materials business...
Samsung Heavy raises $1.1 bn in rights issue as planned
South Korea's Samsung Heavy Industries Co. last week raised 1.3 trillion won ($1.1 billion) in a rights issue to existing shareholders as planned, a...
Korea’s major refiners bid for top local biodiesel material maker
SK Innovation Co., S-Oil Corp. and Hyundai Oilbank were among the preliminary bidders for South Korea’s top biodiesel material maker DK O&...
POSCO Chem to supply materials to Morrow Batteries
South Korea’s POSCO Chemical Co. agreed to provide materials to Morrow Batteries, a Norwegian electric vehicle battery maker, in a move to tap...
Tesla’s shift to LFP cells to shake global battery industry
Tesla Inc.’s shift to less expensive batteries for its electric vehicles is expected to shake the global battery industry.The world’s to...
POSCO Chem Q3 profit surges as battery materials lift sales to fresh high
South Korea’s POSCO Chemical Co. enjoyed a surge in operating profit in the third quarter as higher sales of battery materials ramped up reven...
EcoPro BM to build battery materials plants in US, Europe
EcoPro BM Co., South Korea’s top cathode producer, plans to set up factories in the US and Europe to expand its business in the global marke...
Enchem raises IPO price by a record 20% on strong investor demand
South Korea’s Enchem Co., which is working to list its shares on the Kosdaq market, has decided to raise its initial public offering price by ...
S.Korean companies stockpile record-level dollar holdings
South Korean companies have built up their dollar holdings to record levels, following record-breaking shipment growth this year, as rising raw mate...
Are Korean battery materials stocks too expensive?
South Korean battery materials shares have rallied with their market capitalization nearly doubling since early January thanks to strong growth in t...
