Eugene Group, Stonebridge Capital mull logistics firm Mesh acquisition

South Korean conglomerate Eugene Group, one of the largest construction materials suppliers in the country, is planning to acquire local logistics c...

Korea's Lotte Chem likely to raise $745 mn via rights offering

South Korea’s Lotte Chemical Corp. is poised to decide to raise more than 1 trillion won ($745.4 million) of capital at its board meeting this...

SK Nexilis develops copper foil for cylindrical batteries

South Korea's SK Nexilis, a maker of copper foil for secondary cells under SKC Inc., has achieved a world first with its development of a highly elo...

CJ CheilJedang builds up future food materials business

CJ CheilJedang, following an organizational reshuffle, will focus on the development of future food such as food ingredients and alternative protein...

LG Energy Solution diversifies supply chains to respond to US IRA

LG Energy Solution Ltd. has made a preemptive response to the Inflation Reduction Act of the US by securing the supply of lithium carbonate, a key m...

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...

SK On to buy battery material lithium hydroxide from Chile's SQM

SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...

Public-private battery alliance launched to source critical minerals

The South Korean government, in tandem with the private sector, launched a battery alliance on Tuesday in a bid to support the companies in sourcing...

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 ...

Making the safest bio-based personal care material

BJ Biochem Inc. is a startup that develops various differentiated materials in the preservatives, disinfectants and surface active agent (surfactant...

LG Chem posts strong Q3 earnings, buoyed by battery business

South Korea’s top chemicals company LG Chem Ltd. on Monday posted strong third-quarter sales and profit as gains at its battery affiliate offs...

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 SDI beats CATL in EV battery operating margin

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, reported a higher operating margin than that of the global leader C...

Hyundai Motor to boost US presence with $5.5 bn new Georgia EV plant

Hyundai Motor Co. broke ground on a $5.54 billion electric vehicle and battery plant in the US state of Georgia on Tuesday, as the top South Korean ...

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...

LG Energy set to ink graphite deal with Australia’s Syrah Resources

South Korea’s LG Energy Solution Ltd. said on Thursday it has signed an initial agreement to explore graphite procurement from Australia&rsquo...

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...

Korea's Lotte Chem seeks more M&As for battery materials, CEO says

South Korea’s petrochemical firm Lotte Chemical Corp., which signed a 2.7 trillion won ($1.9 billion) deal to acquire the world’s fourth...

US DOE officials in Seoul to meet with Hyundai Motor, battery makers

US Department of Energy officials are in South Korea to discuss details of its electric vehicle and battery tax credit law with Korean government of...

SK On raises $2 bn in bank loans for Hungary plant

SK On Co., a South Korean battery maker, has raised $2 billion in bank loans to build its third plant in Hungary, a regulatory body said on Thursday...

For South Korea, US EV subsidies both give and take away

The Inflation Reduction Act provides a plethora of subsidies to boost domestic manufacturing for goods that help combat climate change. Tweaks to ...

S.Korea, Chile to jointly develop key EV battery materials

South Korea has joined hands with Chile in a move to cope with the US’ Inflation Reduction Act, as well as strengthen the two countries' ties ...

SK On in 10-year lithium deal with Australia’s Lake Resources

SK On Co., a leading South Korean battery maker, said on Wednesday it has signed a long-term contract to procure lithium, a key battery material, fr...

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...

LG Energy to launch battery swapping services

LG Energy Solution Ltd., a South Korean rechargeable battery maker, has launched two in-house ventures to enter the battery swapping and energy aggr...

Korea’s Aju to spin off key building material business

South Korea’s Aju Group is set to split its parent company into a construction material firm and an investment corporation to enhance its prof...

SK On inks lithium deal with Australian firm for US tax credit

SK On Co., the world’s fifth-largest electric vehicle battery maker, has signed a deal with an Australian lithium producer. Securing the core ...

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...

Kolon Ind expands tire cord fabric plant in Vietnam

Kolon Industries Inc. has expanded the capacity of its polyester tire cord fabric plant in Vietnam, the South Korean company said on Wednesday.The f...