Hanwha, DL Chemical to split up two-decade-old YNCC joint venture

Yeochun NCC Co., a leading South Korean petrochemical producer, will split up after its two owners – Hanwha Group and DL Group – have ag...

Polysilicon maker OCI to spin off its major chemical units

OCI Co., South Korea’s lone polysilicon producer, is set to spin off its chemical units and transform itself into a holding company.On Wednesd...

SK Chemicals' copolyester lines certified on carbon reduction

South Korea’s SK Chemicals Co. said on Wednesday it has earned sustainability certifications for its nine copolyester product lines from UL So...

KDB reaches out to Hyundai, POSCO, CJ, LX on HMM stake sale

State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...

GS Caltex to enter carbon capture, utilization and storage sector

South Korea's oil refining and energy giant GS Caltex has teamed up with leading domestic companies in their respective fields to enter the carbon c...

POSCO Chemical completes world's largest cathode materials plant

POSCO Chemical will soon launch operations at its newly completed factory for cathode materials, the biggest of its kind in the world with an annual...

Lotte to spend $651 mn to save affiliate from Legoland woes

Lotte Group is set to inject a total of $651 million through its chemical units to save a construction affiliate from the fallout of a debt default ...

Lotte Chemical posts deficit for second straight quarter

Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...

Aekyung Chemical develops 1st domestically made refrigeration lubricant

Korea's Aekyung Chemical, an affiliate of Aekyung Group, along with GS Caltex, has made the nation's first localized refrigeration lubricant in line...

POSCO International to invest $2.6 billion in energy operations

Korea's POSCO International, the trading arm of POSCO Group, on Friday formally merged with POSCO Energy, which handles liquefied natural gas (LNG) ...

Korea's POSCO gets greener via integrated CO2-free brand

Korea's POSCO has introduced the integrated brand Greenate to symbolize the commitment of the nation's top steelmaker to achieve carbon neutrality b...

POSCO International, Netherlands’ Hardt sign deal on hyperloop project

POSCO International Corp., the general trading arm of South Korea’s steel giant POSCO Holdings Inc., said on Tuesday it is entering the hyperl...

Korea's SK Chemicals to make chemically recycled food containers

South Korea's SK Chemicals on Tuesday said it has joined forces with Poolinglim P&P to make the nation's first food containers using chemically ...

EcoPro BM to build battery materials plant in Canada

EcoPro BM Co., South Korea’s leading battery material producer, is set to build a plant in Canada with a $704 million investment in a partners...

Samsung to use rare gas produced by POSCO for chip manufacturing

Samsung Electronics Co., the world’s largest memory chipmaker, will significantly raise the use of locally produced xenon, a critical gas for ...

POSCO Chemical posts record third-quarter sales, operating profit

POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., on Monday posted record revenue and operating profit in the third...

POSCO Holdings' Q3 profit tumbles on steel mill shutdown

POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, missed market estimates for its quarterly profit as last mo...

POSCO Chemical may clinch megadeal to supply cathode to Ford Motor

POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., is looking to forge a long-term contract to supply cathode, a key...

POSCO breaks ground on nickel refining plant in Korea

POSCO Group, the world’s sixth-largest steelmaker, broke ground on Friday for a high-purity nickel refining plant in South Korea to meet risin...

POSCO Holdings to invest extra $1.1 billion in Argentine lithium plant

POSCO Group, which owns South Korea’s largest steelmaker, plans to invest an additional $1.09 billion, or 5 trillion won, in its lithium produ...

LG Energy, POSCO join forces for EV battery business

LG Energy Solution Ltd. and POSCO Holdings Inc. have joined hands to enhance their competitiveness in the global electric vehicle battery sector and...

POSCO, GS Energy to launch $121 million battery recycling joint venture

POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, and GS Energy Corp., the energy unit of GS Group, have agreed to...

POSCO says normalization of typhoon-hit steel mill unlikely until Q1 2023

POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, expects its steel mill in the southern port city of Pohang flood...

Korea ramen packet maker inks $1 bn battery material deal

A South Korean instant noodle packet maker has secured a $1 billion deal to supply battery materials to a joint venture between General Motors Co. a...

Korea's DL Chem shrugs off slow petrochemical market in Q3

DL Chemical Co., the petrochemical arm of South Korean conglomerate DL Group, is forecast to post robust third-quarter results despite sluggish sa...

POSCO, Hancock to invest $200 mn to raise Senex's gas output

South Korea’s POSCO International Co. and its Australian mining partner Hancock Prospecting Pty Ltd. will invest A$300 million ($200 million) ...

POSCO Chem, OCI break ground on EV battery pitch plant

South Korea’s P&O Chemical is set to build the country’s first high-softening-point pitch manufacturing facilities with 15,000 tons ...

POSCO expects typhoon to reduce sales by $1.5 billion

POSCO, the world’s sixth-largest steelmaker, has predicted sales to fall by $1.5 billion as a typhoon disrupted one of its plants in South Kor...

Typhoon may offer Korea excuse it needs to oust POSCO CEO

South Korea is set to investigate POSCO, the world’s sixth-largest steelmaker, to clarify who is responsible for the damage to its typhoon-hit...

POSCO may need months to normalize typhoon-hit steel mill

POSCO, the world’s sixth-largest steelmaker, is expected to need months to resume full operations of its typhoon-hit plant, which makes up a q...