S.Korea's builders diversify biz portfolios to waste battery, other sectors

S.Korea's builders diversify biz portfolios to waste battery, other sectors

South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in the housing industry...

Korean lawmakers mull higher chip tax credits, battery subsidies

Korean lawmakers mull higher chip tax credits, battery subsidies

South Korea’s main opposition party will propose higher tax credits and subsidies for domestic chipmakers and battery manufacturers as early a...

SK Chemicals buys Chinese supplier’s recycled raw materials, PET unit

SK Chemicals buys Chinese supplier’s recycled raw materials, PET unit

South Korea’s SK Chemicals has created a production system for chemically recycled raw materials and PET for about 130 billion won ($100.1 mil...

S.Korea's LS Materials set to boost earnings ahead of IPO process

S.Korea's LS Materials set to boost earnings ahead of IPO process

LS Materials Co., a South Korean energy storage devices maker, is slated to ramp up earnings to accelerate its initial public offering process this ...

Dongsuh Foods applies green certification package to products

Dongsuh Foods applies green certification package to products

South Korea's food processing company Dongsuh Foods Corporation announced on Monday the launch of new green technology-certified packaging.This gree...

SK Incheon Petrochemical invests in domestic recycling waste tire startup

SK Incheon Petrochemical invests in domestic recycling waste tire startup

SK Incheon Petrochemical, a subsidiary of South Korea’s SK Innovation Co., on Sunday said it made an equity investment in the eco-friendly sta...

Shilla Duty Free Shop selected as excellent partner by Changi Airport

Shilla Duty Free Shop selected as excellent partner by Changi Airport

The Shilla Duty Free Shop announced on Monday that it had received the Gold Award at the 2022 OneChangi App Awards held by Singapore's Changi Airpor...

Samsung SDI, GM to build $3.8 bn EV battery plant in US

Samsung SDI, GM to build $3.8 bn EV battery plant in US

Samsung SDI Co., the world’s No. 6 electric vehicle battery maker, is set to build a plant in the US with General Motors Co., spending about 5...

Samsung SDI wins $95 mn EU aid for Hungary battery plant

Samsung SDI wins $95 mn EU aid for Hungary battery plant

Samsung SDI Co. has secured €89.6 million ($95 million) in subsidies from the European Union for its first electric vehicle battery plant in Hu...

SK Materials makes equity investment in ION for CO2 capture partnership

SK Materials makes equity investment in ION for CO2 capture partnership

SK Materials Co., an industrial gas manufacturing affiliate of South Korea’s SK Inc., has made an equity investment in ION Clean Energy Inc., ...

SK Ecoplant launches 4th plant in US

SK Ecoplant launches 4th plant in US

South Korea's environment-focused energy company SK Ecoplant Co. on Thursday said it added a base for recycling electrical and electronic waste and ...

Battery material maker EcoPro Materials eyes $2.3 billion IPO

Battery material maker EcoPro Materials eyes $2.3 billion IPO

EcoPro Materials Co., a unit of South Korea’s battery materials group EcoPro Group, is looking to list its shares on the country’s main ...

Kolon Plastics to make eco-friendly products from marine waste

Kolon Plastics to make eco-friendly products from marine waste

Kolon Plastics Inc. said on Tuesday that it has signed an agreement with Netspa, a South Korean recycling social venture, to jointly develop enginee...

Korea’s L&F in $2.9 billion deal to supply battery material to Tesla

 Korea’s L&F in $2.9 billion deal to supply battery material to Tesla

South Korea’s leading battery materials maker L&F Co. said on Tuesday it has signed a $2.91 billion deal to supply cathode, a key electric...

Hanwha Solutions receives green certification for recycled plastic materials

Hanwha Solutions receives green certification for recycled plastic materials

South Korean chemical and renewable energy firm Hanwha Solutions Corp. announced on Tuesday that it has received a global certification for its recy...

SK Ecoplant to establish virtuous cycle ecosystem for waste resources

SK Ecoplant to establish virtuous cycle ecosystem for waste resources

SK Ecoplant Co., a subsidiary of South Korea's SK Group that focuses on recycling, construction and renewable energy, announced on Tuesday a busines...

Iljin Materials to change its name to Lotte Energy Materials

Iljin Materials to change its name to Lotte Energy Materials

Lotte Chemical Corp., a South Korean petrochemical giant, will rename Iljin Materials Co., the country’s second-largest copper foil maker, as ...

Samsung leader eyes solid-state batteries as future growth engine

Samsung leader eyes solid-state batteries as future growth engine

Samsung Group appears set to up its investment in solid-state batteries, a game changer in the electric vehicle sector, as South Korea’s top c...

Korean Air, KIMS jointly develop stealth aircraft materials and parts

Korean Air, KIMS jointly develop stealth aircraft materials and parts

Korean Air and The Korea Institute of Materials Science (KIMS) have agreed to cooperate in developing aircraft materials and parts technology togeth...

POSCO Chemical changes name to POSCO Future M

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...

Samyang to develop biomaterials for battery heat management

Samyang to develop biomaterials for battery heat management

South Korea’s Samyang Corp. signed a partnership agreement with local tech venture Nano Tim on Feb. 20 to jointly develop thermal interface ma...

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...

SK Materials joins forces with ExxonMobil in blue ammonia sector

SK Materials joins forces with ExxonMobil in blue ammonia sector

South Korea's SK Materials will enter the blue ammonia market in partnership with global energy giant ExxonMobil.SK Materials on Wednesday said it s...

Ford, LG Energy to build Turkey EV battery plant for Europe

Ford, LG Energy to build Turkey EV battery plant for Europe

US automaker Ford Motor Co. and South Korean battery manufacturer LG Energy Solution Ltd. are targeting the electric commercial vehicle sector in Eu...

SK On resumes Ford F-150 Lightning battery production line

SK On resumes Ford F-150 Lightning battery production line

SK On Co., the world’s fifth-largest battery maker, on Monday resumed operations of the cell production line for Ford Motor Co.’s electr...

S.Korea's HMM establishes system for recycling waste ropes

S.Korea's HMM establishes system for recycling waste ropes

South Korea's HMM Co. announced on Tuesday that it had signed a business agreement with Foresys, a company specializing in marine waste management. ...

Will CATL’s bargain sales hurt Korean EV battery makers?

Will CATL’s bargain sales hurt Korean EV battery makers?

China’s Contemporary Amperex Technology Co. (CATL), the leading global electric vehicle battery manufacturer, has started a price war in the w...

S.Korea's battery industry looks for staff fluent in European languages

S.Korea's battery industry looks for staff fluent in European languages

South Korea's battery companies are seeking human resources fluent in the languages and familiar with the cultures of countries where plants are loc...

POSCO affiliates mull name changes to represent green push

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...

LG Energy Solution joins global climate disclosure initiative

LG Energy Solution joins global climate disclosure initiative

South Korean battery maker LG Energy Solution Ltd. said on Wednesday that it has become the first domestic battery maker to endorse the Task Force o...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal