Samsung mulls $17 billion Austin chip plant, seeks tax breaks

Samsung Electronics Co. is seeking tax breaks of $805.5 million from the US state of Texas in return for a new $17 billion chip plant, which the Sou...

Hyosung, Linde to create world's largest liquid hydrogen plant

South Korea-based Hyosung Heavy Industries Corp. and global industrial gas supplier Linde plc. have agreed to establish the world's largest liquid h...

SK Hynix completes construction of its largest $3.14 bn chip plant

SK Hynix Inc. has completed the construction of its largest chip plant, which will use cutting-edge technology to produce memory semiconductors to m...

SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn

SK Innovation Co. will build its third electric-vehicle battery plant in Hungary for $2.29 billion, aiming to grab a greater share of the fast-growi...

Samsung says fully ready for M&As; silent on US foundry plant

Samsung Electronics Co. is well-geared up to chase M&A deals and expand its facilities over the next three years to make full use of its cash ho...

SKC to spend $600 mn to build copper foil plant in Malaysia

South Korea’s SKC Ltd. will build its first overseas plant of copper foils in Malaysia for 650 billion won ($588 million), as the chemical mat...

Samsung remains tight-lipped on new US chip plant reports

Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...

Hyundai inks deal to build first overseas hydrogen fuel cell plant in China

Hyundai Motor Co. has signed a contract to build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to en...

CJ Cheiljedang to set up food production plant in South Dakota

South Korea's food and beverage giant CJ CheilJedang Corp. will establish a food production plant that makes mandu in the 560,000 square meters of l...

SK Innovation to raise $920 mn for US battery plant expansion

South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...

Hyundai Motor to build first overseas hydrogen fuel cell plant in China

Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...

Ssangyong Motor to briefly halt production at main plant

South Korea’s Ssangyong Motor Co. is temporarily suspending production at its main plant due to disruptions of auto parts supplies from its co...

Doosan Heavy clinches $562 mn Guam power plant deal

  Doosan Heavy Industries & Construction Co. has clinched an order to build a combined cycle power plant in Guam from a consortium of Kore...

SKC to build first overseas copper foil plant in Malaysia

SKC Ltd., a chemical materials maker of South Korea’s SK Group, is planning to more than quadruple its production capacity of copper foils, a ...

SK Innovation partners with EVE to launch third battery plant in China

South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...

LG Chem to power Wuxi plant with renewable energy bought from China

South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...

KEXIM to finance Korean firms' Mozambique LNG plant project

The Export-Import Bank of Korea (KEXIM) will provide $500 million in project financing to South Korean companies for their $550 million construction...

Samsung Engineering wins $1 bn Malaysia plant deal

Samsung Engineering Co. has received a letter of intent from Malaysia’s petrochemical firm Sarawak Petchem Sdn Bhd to build a methanol plant i...

SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot

SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...

Samsung heir Jay Y. Lee visits plants in Vietnam

Samsung Electronics Co. Vice Chairman Jay Y. Lee, currently in Vietnam, has toured its smartphone, TV and other electronics plants there, as the compa...

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...

Samsung Biologics to double bioreactor capacity with $1.5 bn new plant

Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...

Mirae Asset to offer $425 mn in equity, debt funding for US desalination plant

Mirae Asset Global Investments Co. Ltd. will provide $425 million in equity and debt financing for the acquisition of a desalination plant in San Dieg...

Kiwoom Sec in $236 mn refinancing deal on Spain solar plants

Kiwoom Securities Co. Ltd. and a South Korean insurance firm have underwritten 140 billion won ($118 million) in a debt on nine solar power plants in ...

Korean firms underwrite $298 mn debt on new US gas plant

Three South Korean financial services firms - NH Investment & Securities Co. Ltd., its affiliate NH Bank and Hana Financial Investment Co. Ltd. - ...

GS EPS-Mirae Asset consortium buys 10% stake in US gas power plant

A consortium of South Korean power producer GS EPS Co. Ltd. and Mirae Asset Daewoo Co. Ltd. has agreed to buy a 10% stake in a New Jersey-based gas po...

KTCU, Mirae Asset to invest $143 mn in debt on Blackstone's power plant: report

The Korean Teachers’ Credit Union (KTCU) and three units of Mirae Asset Financial Group will invest a combined 160 billion won ($143 million) in senio...

NH Investment provides $235 mn financing to US gas power plant

NH Investment & Securities Co. Ltd. has underwritten a $200 million senior debt and a $35 million equity interest for the construction of a natura...

Korean fund, brokerage firm buy UK solar power plant portfolio for $36 mn

The Construction Workers Mutual Aid Association (CWMA) and Korea Investment & Securities Co. Ltd. have invested around 38 billion won ($36 million...

Korea Post invests $60 mn in senior debt on US gas power plants: report

Korea Post has invested $60 million in a seven-year private debt fund to provide a senior loan secured on four US gas-fired power plants, but the inve...