Japanese cosmetic plant
Scope
Date
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Steel
Hyundai Steel to shut down Incheon rebar plant in April
Hyundai Steel Co. is set to shut down its reinforced bar plant in Incheon in April to trim output as steel bar prices are hovering near a four-and-a...
Mar 27, 2025 (Gmt+09:00)
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Automobiles
Hyundai’s new American dream comes with new plant, more spending
ELLABELL, Georgia – When Hyundai Motor Group Honorary Chairman Chung Mong-koo opened the South Korean automaker’s first US plant in Alab...
Mar 27, 2025 (Gmt+09:00)
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Electronics
LG Electronics restarts home appliance plant in Russia
LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling...
Mar 21, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...
Mar 20, 2025 (Gmt+09:00)
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Energy
OCI to build $265 mn solar cell plant in Texas, expects $80 mn tax credit
South Korean solar cell company OCI Holdings Co. said on Thursday it will build a solar cell manufacturing plant in Texas through its US subsidiary ...
Mar 20, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Daol PE buys Youngil Glass to ride Korean cosmetics boom
Daol Private Equity has acquired Youngil Glass Industry Co., a South Korean manufacturer of glass containers, in a 65 billion won ($44.5 million) de...
Mar 20, 2025 (Gmt+09:00)
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Energy
Doosan Enerbility wins $1.5 bn in orders from Saudi Arabia
Doosan Enerbility Co., South Korea’s leading gas turbine maunfacturer for power plants, said on Thursday that it has secured a combined $1.5 b...
Mar 13, 2025 (Gmt+09:00)
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Energy
HD Hyundai, TerraPower to commercialize next-gen SMR
South Korea’s largest shipbuilder, HD Hyundai Heavy Industries Co., is deepening its partnership with TerraPower LLC, the US nuclear venture f...
Mar 12, 2025 (Gmt+09:00)
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Hydrogen economy
Samsung E&A buys Norwegian Nel stake for hydrogen business push
South Korea’s Samsung E&A Co. has purchased a stake in Norway’s hydrogen technology company Nel ASA at 47.6 billion won ($32.8 milli...
Mar 12, 2025 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor to build fuel cell plant in South Korea
Hyundai Motor Co. will build a local fuel cell plant in South Korea, accelerating its bid to create an entire hydrogen fuel cell value chain in line...
Mar 11, 2025 (Gmt+09:00)
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Energy
Doosan Enerbility bags $200 mn Qatar power plant EPC deal
Doosan Enerbility Co. has clinched an engineering, procurement and construction (EPC) contract for a gas-fired power plant from Qatar in a consortiu...
Mar 05, 2025 (Gmt+09:00)
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Bio & Pharma
Chong Kun Dang to build new plant for foray into biologics market
Chong Kun Dang Pharmaceutical Corp. is discussing building a research center and a plant in Siheung, about 30 kilometers southwest of Seoul, with th...
Feb 27, 2025 (Gmt+09:00)
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Energy
Korea’s OCI, Israel’s Arava Power to jointly build solar cell plant in Texas
OCI Energy Co., a US subsidiary of South Korea’s OCI Holdings Co., and Israel’s Arava Power will jointly build a solar cell power plant ...
Feb 25, 2025 (Gmt+09:00)
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Steel
Korea to probe Chinese, Japanese steel imports over anti-dumping claims
South Korea is set to launch an anti-dumping investigation into hot-rolled steel imports from China and Japan, according to government and industry ...
Feb 19, 2025 (Gmt+09:00)
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Corporate restructuring
POSCO seeks $1 bn restructuring amid weak steel, battery materials sectors
South Korea’s POSCO Holdings Inc. said on Monday it plans to sell 61 unprofitable and non-core assets to raise 1.5 trillion won ($1 billion) a...
Feb 04, 2025 (Gmt+09:00)
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Food & Beverage
Korean bakery giant SPC to build $160 mn US plant as tariff war escalates
SPC Group, the operator of South Korea’s largest bakery chain Paris Baguette as well as Paris Croissant, SPL, Dunkin and SPC GFS, is building ...
Feb 03, 2025 (Gmt+09:00)
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Energy
South Korean oil refiners to jointly build SAF plant
South Korea’s four major oil refining companies will jointly build a sustainable aviation fuel (SAF) plant in the country, for which the gover...
Jan 24, 2025 (Gmt+09:00)
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Batteries
SK On bags $1.8 billion EV battery deal with Nissan
Loss-making SK On Co., the world’s fifth-largest battery maker, has hit the jackpot with a $1.8 billion deal to supply electric vehicle batter...
Jan 24, 2025 (Gmt+09:00)
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Energy
Hanwha Q Cells sells two solar power plant projects in US
Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Wednesday that it sold its two large-scale sola...
Jan 22, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's Aestura to enter US market with Sephora
South Korean beauty and cosmetics giant Amorepacific Corp. said on Wednesday that its derma cosmetic brand Aestura will enter the American market wi...
Jan 22, 2025 (Gmt+09:00)
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Business & Politics
Samsung, LG consider moving electronics plants to US from Mexico
South Korea’s leading electronics companies such as Samsung and LG are considering moving their plants in Mexico to the US to respond to Presi...
Jan 21, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Sales of K-Beauty surges in US e-commerce
The popularity of South Korean cosmetics in the US has increased, with sales of the products growing at four to five times the rate of the market ...
Jan 21, 2025 (Gmt+09:00)
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Energy
HD Hyundai Electric to invest $274 mn in transformer output ramp-ups
HD Hyundai Electric Co., a South Korean electric power equipment maker, plans to invest about half of its 2024 operating profit, estimated at 720 bi...
Jan 19, 2025 (Gmt+09:00)
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Webtoons
Piccoma tops consumer spending ranking in Japan
Kakao Piccoma, a Japanese digital comics app subsidiary of South Korean mobile giant Kakao Corp., topped the consumer spending ranking in the Japane...
Jan 17, 2025 (Gmt+09:00)
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Private equity
Korea’s Hwasung Cosmetics shines with Affirma Capital’s Midas touch
Singapore-based private equity firm Affirma Capital has turned Hwasung Cosmetics into an emerging original design manufacturer (ODM) for global beau...
Jan 16, 2025 (Gmt+09:00)
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Webtoons
Naver Webtoon invests in Japan's Number Nine
South Korea's Naver Webtoon said on Thursday that its Japanese service operator Line Digital Frontier invested in Number Nine, a webtoon studio in J...
Jan 16, 2025 (Gmt+09:00)
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Electronics
LG mulls US plant expansion to deal with Trump 2.0 tariffs
CLARKSVILLE, TN -- South Korea’s appliance and electronics giants are actively looking into options to ramp up the production capacity of thei...
Jan 14, 2025 (Gmt+09:00)
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Steel
South Korea’s steel imports from China at 7-year high
South Korea’s imports of steel products from China climbed to their highest level in seven years despite a decrease in its total steel imports...
Jan 13, 2025 (Gmt+09:00)
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Automobiles
Hankook Tire gains edge over Chinese rivals under Trump tariffs
CLARKSVILLE, Tennessee -- Early this month at the Hankook Tire plant in Clarksville, construction workers were installing the steel framework of its...
Jan 13, 2025 (Gmt+09:00)
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Steel
Hyundai mulls building 1st overseas steel mill in Louisiana
WASHINGTON, D.C. – Hyundai Motor Group is considering building its first overseas steel mill in New Orleans, Louisiana, according to industry ...
Jan 07, 2025 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet