Malaysia energy plant
Scope
Date
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Batteries
LG Energy bags 1-GWh ESS battery deal from Poland’s PGE
LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in Poland in a deal ex...
Mar 26, 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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Batteries
LG Energy, Doosan Bobcat tie up for construction equipment battery packs
LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on We...
Mar 19, 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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Upcoming IPOs
Hanwha Energy begins IPO process, key to 3rd-generation shift
Hanwha Energy Corp., wholly owned by Hanwha Group Chairman Kim Seung-youn’s three sons, has embarked on the process of going public – a ...
Mar 11, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy eyes $5.5 bn FLNG ship deals as Trump sanctions China
GEOJE, South Gyeongsang – At a huge shipyard operated by Samsung Heavy Industries Co. on Geoje, an island in South Gyeongsang province some 39...
Mar 11, 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
Trump-driven energy boom spurs Korean firms to hike US gas investments
WOODFORD, Oklahoma – A shale gas field in Woodford, Carter County was bustling with activity on Feb. 25.A team of engineers oversaw the drilli...
Mar 10, 2025 (Gmt+09:00)
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Business & Politics
Trump says Korea interested in Alaska gas project; Korean firms skeptical
South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump s...
Mar 05, 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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Korean startups
Hyundai Motor spins off 4 in-house startups in energy, AI, mobility
South Korea’s auto behemoth Hyundai Motor Group has spun off its four in-house startups with innovative technologies in mobility, automation a...
Mar 04, 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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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
Hanwha, LG join hands to take on Tesla with solar energy package
LG and Hanwha groups will join forces to develop and sell solar energy devices as a package to challenge Tesla Inc., the leader in the solar energy ...
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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Debt financing
Korean bonds heavily oversubscribed in January boom
South Korea’s debt market got off to a strong start this year, as several blue chip companies made a bold return to the bond market for new is...
Jan 22, 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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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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Mergers & Acquisitions
SK, Lotte's restructuring to drive Korea's M&A market in 2025
SK and Lotte groups remain the focus for South Korean dealmakers as the two conglomerates accelerate restructuring by divesting non-core assets, a s...
Jan 20, 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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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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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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Batteries
LG Energy to supply batteries to US solar EV startup Aptera for 7 years
LG Energy Solution Ltd., the world’s third-largest battery maker, agreed to supply cylindrical products to Aptera Motors Corp., a US solar ele...
Jan 10, 2025 (Gmt+09:00)
Latest News
- 1 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 2 Invesco, SK D&D likely to buy co-living building in Seoul
- 3 Coupang bids for Korean luxury market dominance with Farfetch
- 4 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 5 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit