dual-fuel LNG and LPG power plant
Scope
Date
~
-
Korean startups
Qraft's AI-powered ETFs wow Wall Street with winning stock picks
South Korea-based fintech startup Qraft Technologies Inc. captured the attention of Wall Street in May 2019, when it listed two artificial intellige...
Jul 13, 2021 (Gmt+09:00)
-
Chemical Industry
LG Chem challenges top latex player Kumho with aggressive expansion
South Korea’s top chemical maker LG Chem Ltd. has vowed to leapfrog crosstown rival Kumho Petrochemical Co. to become the world’s top la...
Jul 12, 2021 (Gmt+09:00)
language -
Hydrogen economy
Hydrogen fuel tank maker Iljin Hysolus eyes August IPO
South Korea’s only mass producer of hydrogen tube trailers, Iljin Hysolus Co., previously known as Iljin Composites, plans to be listed on the...
Jul 12, 2021 (Gmt+09:00)
-
Mergers & Acquisitions
Debt-ridden Ssangyong to sell car plant in self-rescue drive
Ssangyong Motor Co., the debt-ridden South Korean unit of India’s Mahindra and Mahindra Ltd. now in court receivership, has decided to sell it...
Jul 12, 2021 (Gmt+09:00)
-
Batteries
POSCO Chemical to bolster EV presence with 60,000-ton cathode plant
POSCO Chemical Co. will invest 600 billion won ($523 million) from 2022 to build a cathode materials plant in Pohang city with an annual capacity of...
Jul 08, 2021 (Gmt+09:00)
-
Petrochemicals
Lotte Chemical to double LPG use as petchem makers diversify feedstock
South Korean Lotte Chemical Corp. plans to double liquefied petroleum gas (LPG) use for ethylene production by next year as the domestic industry ru...
Jul 06, 2021 (Gmt+09:00)
-
Artificial intelligence
Naver says it's constructing world’s first robot-friendly building
The world’s first “robot-friendly” building will complete construction in the second half of this year by South Korea’s tech...
Jul 05, 2021 (Gmt+09:00)
language -
Hydrogen economy
Fleet of Hyundai XCIENT hydrogen truck exceeds 1 million km benchmark
Hyundai Motor Co.’s fleet of fuel cell truck XCIENT has surpassed the benchmark one million kilometers of driving in 11 months of service in S...
Jul 02, 2021 (Gmt+09:00)
-
Korean startups
Atlas Labs makes it easy to transcribe phone calls via AI technology
South Korean startup Atlas Labs is making it easier for people to keep track of their phone conversations via Switch, an app that uses artificial in...
Jun 30, 2021 (Gmt+09:00)
-
Cloud computing
Edge computing revolution to fuel Korea’s growth over the next decade
Korea’s leading firms across multiple industries, from consumer electronics to agricultural equipment, are widening the use of edge computing ...
Jun 30, 2021 (Gmt+09:00)
-
Artificial intelligence
NH Financial to buy $20 mn stake in Japan's solar farm
South Korea's NongHyup Financial Group, or NH Financial Group, has acquired a stake in a solar power plant in Japan from Korea Electric Power Corp. ...
Jun 28, 2021 (Gmt+09:00)
-
Korean chipmakers
DB HiTek in quandary over foundry ramp-up amid chip supercycle
DB HiTek Co., one of South Korea’s leading foundry chipmakers, is enjoying the current market boom, which is forcing makers of cars and electr...
Jun 23, 2021 (Gmt+09:00)
-
Hydrogen economy
Hyosung, Linde kick off building world’s largest liquid hydrogen plant
Hyosung Group has once again made a key step forward in achieving its long-term ambition to become South Korea’s corporate leader in the hydro...
Jun 21, 2021 (Gmt+09:00)
language -
Chemical Industry
Kolon expands hydrocarbon resins production, becomes global No.2 maker
South Korea’s chemicals and industrial materials maker Kolon Industries Inc. have added another 15,000 tons of annual capacity in its hydrocar...
Jun 21, 2021 (Gmt+09:00)
-
Automobiles
Hyundai NEXO, Toyota Mirai to compete in fuel cell cars as Honda exits
Japan’s Honda Motor Co. has announced it is exiting the hydrogen fuel cell vehicle market, leaving Toyota Motor Corp. and South Korea’s ...
Jun 18, 2021 (Gmt+09:00)
language -
ESG
Korea’s coal power companies squeezed for financing amid ESG fever
South Korea’s coal power companies are facing tighter scrutiny for debt financing as they are increasingly shunned by financial investors amid...
Jun 18, 2021 (Gmt+09:00)
language -
Hydrogen economy
Hyundai to provide hydrogen fuel cell system for world’s first electric car race
South Korea’s Hyundai Motor Group will provide its hydrogen fuel cell system to the world’s first touring race for electric vehicles, Hy...
Jun 11, 2021 (Gmt+09:00)
-
ESG
Korea’s corporate HQ buildings are becoming clean power generators
ESG is one of the most frequently mentioned keywords in South Korea today. It stands for environmental, social and corporate governance, the three...
Jun 04, 2021 (Gmt+09:00)
-
Business & Politics
LG Electronics expands overseas appliance plants as it exits phone business
LG Electronics Inc. is expanding its overseas production facilities as the South Korean home appliance giant is shifting gears toward new growth dri...
Jun 02, 2021 (Gmt+09:00)
language -
Korean chipmakers
Samsung loses ground in foundry market as TSMC ties in with Japanese firms
Samsung Electronics Co., which is losing share of the global foundry market, has come under increased pressure from its bigger rival Taiwan Semicond...
Jun 01, 2021 (Gmt+09:00)
-
Korean food
Hahn & Co. acquires controlling stake in Namyang Dairy Products
South Korea’s private equity (PE) firm Hahn & Co. has acquired a controlling 53% stake in Namyang Dairy Products, acquiring all shares own...
May 27, 2021 (Gmt+09:00)
language -
Fintech
KakaoBank’s skyrocketing valuation fuels debate on financial reform
There have been near-endless debates regarding the “proper valuation” of KakaoBank, South Korea’s largest internet-only bank that ...
May 25, 2021 (Gmt+09:00)
-
EV batteries
Copper foil maker raises $700 mn funding to build Europe plant
South Korea's Iljin Materials Co., which produces copper foils for rechargeable batteries and printed circuit boards (PCBs), has received 800 billio...
Apr 21, 2021 (Gmt+09:00)
-
Batteries
GM, LG to build second US EV battery plant in Tennessee
LG Energy Solution Ltd. and General Motors Co. will spend 2.7 trillion won ($2.4 billion) to build their second US electric vehicle battery plant in...
Apr 19, 2021 (Gmt+09:00)
-
Mergers & Acquisitions
Citibank Korea's retail arm sale may fuel M&A market
Citigroup Inc.'s plan to exit from South Korea's retail banking market may invigorate the country's M&A market, with small-sized, non-banking fi...
Apr 16, 2021 (Gmt+09:00)
-
Factory suspension
GM Korea to halt 2 main plants next week on automotive chip shortage
The South Korean unit of US auto giant General Motors Co. will halt two of its three plants next week in the latest sign of the worsening global aut...
Apr 15, 2021 (Gmt+09:00)
language -
Batteries
POSCO to build S.Korea’s first lithium plant by 2023
South Korea’s leading steelmaker POSCO will build the country’s first lithium extraction factory in Gwangyang, 300 km south of Seoul, al...
Apr 15, 2021 (Gmt+09:00)
-
Carbon neutrality
LG Chem expands carbon nanotube production with new plant
South Korea's LG Chem Ltd. has completed an extension of its production line for carbon nanotubes (CNTs), known as a wonder material for its strengt...
Apr 14, 2021 (Gmt+09:00)
-
Entertainment
HYBE’s music unit split-off plan ignites shareholder concern
HYBE Co., the label behind BTS, will attempt to split off its music business as a separate entity at its general shareholder meeting on May 14. Acco...
Apr 13, 2021 (Gmt+09:00)
language -
Steel
Dongkuk Steel’s Brazil plant: From ugly duckling to golden swan
For Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, Companhia Siderurgica do Pecem steel mill in Brazil, commonly known as CSP...
Apr 09, 2021 (Gmt+09:00)
language
Latest News
- 1 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators