POSCO Gwangyang plant
Scope
Date
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Batteries
POSCO International, Lotte Energy in $4.4 bn battery materials supply deal
POSCO International Corp. has signed a 6 trillion won ($4.4 billion) deal to supply raw materials used to make copper foil, a battery component, to ...
Nov 01, 2023 (Gmt+09:00)
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Bio & Pharma
Lotte builds US antibody-drug conjugate plant with $82 mn
South Korea’s Lotte Biologics Co. is establishing an antibody-drug conjugate (ADC) factory in Syracuse, New York, with an investment of 110 bi...
Oct 31, 2023 (Gmt+09:00)
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Carbon neutrality
SK Group to step up renewable energy push in Vietnam
SK Group will strengthen its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste...
Oct 30, 2023 (Gmt+09:00)
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Chemical Industry
Kumho Petrochem, POSCO look to carbon nanotube JV, share swap
South Korea’s Kumho Petrochemical Co. and POSCO International Corp. are considering launching a joint venture to produce carbon nanotubes (CNT...
Oct 27, 2023 (Gmt+09:00)
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Artificial intelligence
POSCO DX develops AI-based roadkill prevention system
POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc. announced on Wednesday it developed an artificial intelligen...
Oct 25, 2023 (Gmt+09:00)
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Batteries
POSCO Future M sees cathode material prices falling 12% in Q4
South Korean electric vehicle battery materials maker POSCO Future M Co. predicts that cathode material prices in the fourth quarter will drop as mu...
Oct 25, 2023 (Gmt+09:00)
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POSCO Int’l determined to outsmart Japanese trading firms
POSCO International Corp., the general trading and energy exploration unit of steel giant POSCO Holdings Inc., will step up its efforts to outsmart ...
Oct 24, 2023 (Gmt+09:00)
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Energy
DL E&C, Saudi SWCC team up for carbon neutrality
South Korea's DL E&C Co. announced on Monday it signed a memorandum of understanding (MOU) for the application of small modular reactors (SMRs) ...
Oct 23, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, PIF to invest $500 mn to build car plant in Saudi Arabia
RIYADH – Hyundai Motor Co. has agreed with the Public Investment Fund, Saudi Arabia’s sovereign fund, to set up a joint venture to build...
Oct 23, 2023 (Gmt+09:00)
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Batteries
Samsung SDI inks first battery supply deal with Hyundai
Samsung SDI Co. said on Monday it has signed its first supply agreement with Hyundai Motor Co. to become the South Korean carmaker’s third dom...
Oct 23, 2023 (Gmt+09:00)
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Artificial intelligence
SK C&C AI diagnostic service checks Doosan Enerbility’s plants
SK C&C, a systems integration affiliate of South Korea’s SK Group, on Thursday said it will provide diagnostic services based on generativ...
Oct 20, 2023 (Gmt+09:00)
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Steel
POSCO completes automotive steel plates plant in China
South Korea’s POSCO announced on Thursday it completed the new plant for automotive steel plates in Tangshan, Hebei province, China.As a joi...
Oct 19, 2023 (Gmt+09:00)
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Electric vehicles
POSCO Int’l completes Mexico EV motor core plant for N.American market
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., concluded construction on an electric...
Oct 18, 2023 (Gmt+09:00)
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Steel
POSCO Group chief: steel desperately needs corporate solidarity
South Korea’s POSCO Group on Tuesday said its Chairman Choi Jeong-woo presided over the regular meeting of the World Steel Association on Su...
Oct 18, 2023 (Gmt+09:00)
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Robotics
Robot dog Spot patrols Kia auto plant late at night
South Korean carmaker Kia Corp. ’s plant in Hwaseong, a southern suburb of Seoul in Gyeonggi Province, is guarded late at night by Spot, a fou...
Oct 17, 2023 (Gmt+09:00)
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Carbon neutrality
POSCO FutureM cuts carbon by recycling waste refractories
South Korea's battery materials maker POSCO Future M Co. announced on Monday its achievement in reducing significant carbon footprints by fully re...
Oct 16, 2023 (Gmt+09:00)
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Food & Beverage
HiteJinro to build first overseas soju plant in Vietnam
South Korea's leading soju maker HiteJinro Co. on Monday unveiled its plan to build a plant in Vietnam. HiteJinro Singapore confirmed a lease a...
Oct 16, 2023 (Gmt+09:00)
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Electric vehicles
Kia to build 2nd purpose-built vehicle plant in Korea
Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...
Oct 13, 2023 (Gmt+09:00)
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Energy
KHNP closes in on Romania’s nuclear plant refurbishment project
Korea Hydro and Nuclear Power Co. (KHNP) is eyeing to participate in a project to refurbish Romania-based Cernavoda Nuclear Power Plant’s unit...
Oct 12, 2023 (Gmt+09:00)
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Korean chipmakers
SGC eTEC E&C completes chip packaging plant in Vietnam
South Korea's SGC eTEC E&C Co. on Thursday announced the completion of a cutting-edge semiconductor packaging facility in Vietnam's Yen Phong 2C...
Oct 12, 2023 (Gmt+09:00)
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Food & Beverage
KT&G breaks ground on new plant in Kazakhstan
South Korea's KT&G Corp., the world’s fifth-largest tobacco maker, announced on Thursday the commencement of its new factory's constructio...
Oct 12, 2023 (Gmt+09:00)
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Energy
POSCO International, GS Caltex to build palm oil refinery in Indonesia
South Korea’s POSCO International Corp. and GS Caltex Corp. on Thursday signed a $210 million deal to build a bio feedstock refinery facility ...
Oct 12, 2023 (Gmt+09:00)
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Batteries
Samsung SDI, Stellantis to build 2nd US EV battery plant in Indiana
Kokomo, Indiana, will be the site of the second electric vehicle (EV) battery plant in the US of South Korea’s Samsung SDI Co. and the Netherl...
Oct 12, 2023 (Gmt+09:00)
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Batteries
LG Chem to supply cathode materials to Toyota's N.American plant
LG Chem Ltd. will supply cathode materials to Toyota Motor's North American battery plant, with the South Korean company concluding its second long-...
Oct 11, 2023 (Gmt+09:00)
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Steel
POSCO fully recoups initial investment in Roy Hill mine
POSCO Holdings Inc., the holding company of South Korea’s top steelmaker POSCO, has fully recovered its initial investment of 1.3 trillion won...
Oct 10, 2023 (Gmt+09:00)
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Bio & Pharma
SK Plasma gets investment from Indonesian fund
South Korea’s SK Plasma on Tuesday said it signed a term sheet, or a nonbinding agreement on the basic terms and conditions of an investment, ...
Oct 10, 2023 (Gmt+09:00)
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Bio & Pharma
Lotte Biologics to break ground on 1st local CDMO plant in 2024
South Korea’s Lotte Biologics Co. is set to start building its first local facility for drug manufacturing next year, aiming for 400,000 liter...
Oct 05, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution to supply EV batteries to Toyota for 10 years
LG Energy Solution Ltd. will supply 20 gigawatt hours (GWh) worth of batteries for electric vehicles of the world’s No. 1 car seller Toyota Mo...
Oct 05, 2023 (Gmt+09:00)
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Electric vehicles
POSCO Int’l to build permanent magnet factory in US with Star Group
South Korea’s steel giant POSCO Holdings Inc. is expediting its push to expand its presence in the electric vehicle supply chain, one of seven...
Oct 03, 2023 (Gmt+09:00)
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Batteries
Samsung SDI to invest $2 bn to build 2nd US battery plant with Stellantis
Samsung SDI Co. will inject $1.98 billion to build a second battery manufacturing plant in the US jointly with Netherlands-based automaker Stellanti...
Sep 27, 2023 (Gmt+09:00)
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