POSCO consortium Oman hydrogen
Scope
Date
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Batteries
Hyundai Motor, Kia develop ultra-high-temp hydrogen fuel cells with US firm
Hyundai Motor Co. and Kia Corp. has joined forces with Advent Technologies, an American maker of membrane electrode assemblies (MEA), a key componen...
Mar 23, 2023 (Gmt+09:00)
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Batteries
Doosan Fuel Cell teams up with Kolon Global for hydrogen fuel cell
South Korean fuel cell manufacturer Doosan Fuel Cell, and Kolon Global Corp., a South Korean company that specializes in the production of industria...
Mar 23, 2023 (Gmt+09:00)
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Private equity
MBK-UCK consortium offers 2nd tender to delist Osstem Implant
The MBK Partners-Unison Capital Korea (UCK) consortium said on Wednesday it will conduct a second tender offer for shares in Osstem Implant Co., a f...
Mar 22, 2023 (Gmt+09:00)
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Energy
Korea Western Power lands nation's first solar power order in Oman
Korea Western Power Co. (KOWEPO) has won its country's first project in solar power generation in Oman.The company on Tuesday announced its successf...
Mar 22, 2023 (Gmt+09:00)
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Chemical Industry
POSCO Future M to spend $300 million on NCA cathode plant in Pohang
South Korea's battery component maker POSCO Future M, formerly POSCO Chemical, on Tuesday said it will build its first plant solely for cathode mate...
Mar 21, 2023 (Gmt+09:00)
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Business & Politics
Korean Chips Act set to pass parliament in March; coverage expanded
South Korea’s answer to the US CHIPS and Science Act is on course for National Assembly approval by the end of this month as the ruling and op...
Mar 17, 2023 (Gmt+09:00)
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Hydrogen economy
Kolon Industries showcases hydrogen fuel cell materials at Tokyo Expo
Kolon Industries Inc., a Korean manufacturer of chemical and textile products, said on Wednesday that it was exhibiting its hydrogen fuel cell parts...
Mar 16, 2023 (Gmt+09:00)
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Batteries
POSCO, Korea Zinc, Vale to close Korean nickel JV
POSCO Holdings Inc. and Korea Zinc Co. will close Korea Nickel Corp. set up jointly with Brazilian mining giant Vale Ltd. as the two Korean companie...
Mar 13, 2023 (Gmt+09:00)
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Earnings
POSCO Int’l logs highest revenue for group affiliate in 2022
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., logged the highes...
Mar 13, 2023 (Gmt+09:00)
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Petrochemicals
Hyundai E&C consortium breaks ground on $7 bn S-Oil Shaheen project
A South Korean consortium led by Hyundai Engineering & Construction Co. has embarked on building 9.26 trillion won ($7 billion) petrochemical fa...
Mar 10, 2023 (Gmt+09:00)
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Advertising & Marketing
Korea's Innocean wins eight awards at Spikes Asia advertising festival
South Korea-based global marketing communications company Innocean said on Thursday that it received eight awards at the 2023 Spikes Asia, a prestig...
Mar 09, 2023 (Gmt+09:00)
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Corporate governance
POSCO Engineering & Construction renames itself POSCO E&C
POSCO Engineering & Construction, the builder affiliate of South Korea's POSCO Group, has changed its name to "POSCO E&C" to mark the first ...
Mar 09, 2023 (Gmt+09:00)
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ESG
POSCO Flow to assist World Vision in transportation of relief goods
POSCO Flow, a logistics partner of World Vision, agreed on Tuesday to help transport relief and sponsorship goods for the humanitarian organization ...
Mar 08, 2023 (Gmt+09:00)
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Energy
S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech
South Korea's SK Ecoplant Co. and POSCO on Wednesday said they secured basic design certification from the Norwegian classification body DNV for "K-...
Mar 08, 2023 (Gmt+09:00)
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Hydrogen economy
GS Caltex, KOEN to establish clean hydrogen hub in Korea
GS Caltex Corp., a South Korean oil refiner jointly owned by Chevron and GS Group, announced a partnership with Korea South-East Power Co., Ltd. (KO...
Mar 08, 2023 (Gmt+09:00)
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Airlines
Jeju Air teams up with startup Plana to explore urban air mobility
Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana, a domestic startup...
Mar 06, 2023 (Gmt+09:00)
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Mergers & Acquisitions
EQT Partners to acquire S.Korea’s SK Shieldus for $2.3 bn
EQT Partners AB, the world’s third-largest private equity firm, is poised to buy a controlling stake in South Korean security service provider...
Feb 26, 2023 (Gmt+09:00)
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Batteries
Korean firms scurry to expand nickel, lithium supply chains
South Korea’s leading companies such as SK, POSCO, LG and LX are scurrying to expand their supply chains for lithium and nickel, key raw mater...
Feb 24, 2023 (Gmt+09:00)
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Food & Beverage
POSCO Int'l, Daesang sign MOU to cooperate in food business
POSCO International, South Korea's largest general trading company, announced on Friday that teams up with Daesang Corp. in the food business area.P...
Feb 24, 2023 (Gmt+09:00)
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Carbon neutrality
LowCarbon, Space Florida sign agreement to build hydrogen hub
LowCarbon, South Korea's climate tech company, has signed an agreement on Thursday with Space Florida and Ocean Green Hydrogen, a Tampa-based climat...
Feb 24, 2023 (Gmt+09:00)
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Chemical Industry
POSCO Chemical changes name to POSCO Future M
POSCO Chemical, a chemical subsidiary of the POSCO Group, announced on Friday that it had approved an agenda to change its company name to "POSCO Fu...
Feb 24, 2023 (Gmt+09:00)
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Energy
POSCO International, Pertamina win gas exploration rights off Indonesia
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., said on Thursday ...
Feb 23, 2023 (Gmt+09:00)
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Steel
POSCO Steeleon’s eco-friendly steel plate gets US certification
POSCO Steeleon Co., a South Korean steelmaker and a unit of POSCO Group, said on Wednesday that its biomass color steel plate has been certified as ...
Feb 22, 2023 (Gmt+09:00)
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Steel
POSCO decides to build electric furnace at Gwangyang Works
South Korea’s leading steelmaker POSCO on Tuesday said it will begin its transition to a low-carbon production system by building an electric ...
Feb 21, 2023 (Gmt+09:00)
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Aerospace & Defense
Kia participates in IDEX 2023, largest defense exhibition in MENA
On Monday, Kia Corp. announced its participation in IDEX 2023, a defense industry trade show being held at the National Exhibition Center in Abu Dha...
Feb 20, 2023 (Gmt+09:00)
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Tech, Media & Telecom
POSCO ICT to be rebranded as POSCO DX for digital transformation
POSCO ICT Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Sunday that it will rebrand itself as POSCO D...
Feb 20, 2023 (Gmt+09:00)
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Future mobility
LG Uplus to participate in Drone Show Korea
On Sunday, South Korean mobile telecom carrier LG Uplus Corp. announced that it would host a joint exhibition hall with Kakao Mobility, GS Engineeri...
Feb 20, 2023 (Gmt+09:00)
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Steel
POSCO affiliates mull name changes to represent green push
South Korean steel giant POSCO Group is considering changing the name of some of its affiliates in a move to rebrand them as sustainable materials a...
Feb 16, 2023 (Gmt+09:00)
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Bio & Pharma
POSCO Int'l's pharmaceutical biz in Sudan attains No. 2 market ranking
A pharmaceutical company in Sudan set up by South Korea's POSCO International to find business opportunities in and make social contributions to the...
Feb 16, 2023 (Gmt+09:00)
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Batteries
POSCO ties up with Aussie firm on US EV cell mineral project
South Korea’s POSCO Group has joined hands with an Australian company to work on an electric vehicle battery material project in the US as it ...
Feb 14, 2023 (Gmt+09:00)
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