Sambark LFT rebranded as Lotte Engineering Plastics

Sambark LFT Co., a plastic materials producing unit of Lotte Chemical Corp., has changed its name to Lotte Engineering Plastics Co., the company sai...

Samsung, SK, LG vie for glass substrate market in AI era

South Korea’s household names Samsung, SK and LG have entered a new race to win the glass substrate market set to surge in the artificial inte...

Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds

South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combine...

HLB gets global rights to Chinese liver cancer drug

South Korea’s HLB Therapeutics Co. on Tuesday said its US subsidiary Elevar Therapeutics has acquired the global rights excluding South Kore...

Investment in battery raw materials raises sodium hydroxide prices

The price of sodium hydroxide or caustic soda, an essential component in the smelting of raw materials for producing batteries, is rising because So...

Toray Korea to boost PPS resin production with expansion plan

Toray Advanced Materials Korea (TAK) has announced plans to increase its annual production capacity of polyphenylene sulfide (PPS) resin by 5,000 to...

POSCO, Doosan join hands on ammonia-fueled gas turbines

POSCO and Doosan Heavy Industries & Construction Co., the two key members of Korea’s ambitious green ammonia alliance formed last week, wi...

Samyang develops biodegradable plastic made of corn

South Korea’s Samyang Corp. has developed a biodegradable plastic made of corn amid tighter environmental regulations and a global corporate i...