S.Korea's BSI dips below 100 for 15th consecutive month

The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...

Jaeger-LeCoultre unveils project with S.Korean artist

The Swiss luxury watch and clock maker Jaeger-LeCoultre on Monday unveiled "Origin," a collaborative work with South Korean digital media artist Y...

CJ CheilJedang builds world's biggest frozen pizza plant in US

South Korean food giant CJ CheilJedang Corp. built the world's largest frozen pizza plant in the US to overtake Nestle on the related American marke...

Resumption of LG Energy Solution's JV in Canada gets green light

South Korea’s LG Energy Solution Ltd. has received the green light to resume construction of an electric-vehicle battery joint venture in Ca...

Korea's SK E&S plans $14 bn joint investment in hydrogen biz

South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrogen industry value ch...

Hansae to build eco-friendly clothing plant in Vietnam

South Korean textile and clothing maker Hansae on Friday announced plans to build a plant in Vietnam to expand production of eco-friendly clothing u...

Nexen Tire invests $1.3 bn to build US factory

South Korea's Nexen Tire Corp. plans to invest $1.3 billion (1.73 trillion won) to build its first-ever factory in the United States. Starting fro...

LG Chem secures exclusive deal for Israeli desalination project

South Korea's LG Chem Ltd. revealed on Thursday that it has been awarded the exclusive contract as the sole supplier of reverse osmosis (RO) membran...

SK Ecoplant to join Canada's $4.5 bn green hydrogen project

South Korea’s SK Ecoplant Co. on Wednesday signed an agreement to join the first-stage, $4.5 billion construction of green hydrogen and ammoni...

Canada’s Trudeau to visit Seoul as LG-Stellantis battery JV suspended

South Korea’s LG Energy Solution Ltd. and multinational automaker Stellantis N.V. have stopped construction at a $ 4 billion electric vehicle ...

Samsung Engineering, OMV sign agreement for modular project

South Korea's Samsung Engineering has partnered with global integrated energy company OMV for project collaboration. Samsung Engineering announced T...

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

South Korea has begun construction of the main parts of the Shin Hanul nuclear reactors No. 3 and No. 4, reviving its goal of becoming a global nucl...

Kolon Industries to expand high-value specialty petroleum products plant

Kolon Industries Inc., a leading industrial materials maker in South Korea, announced on Monday that it will invest 24 billion won ($17.94 million) ...

POSCO International to set up EV parts factory in Poland

POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., plans to build an elect...

Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1

Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...

Hyundai Motor, Kia to receive 25% tax credit for EV plant spending

ULSAN, South Gyeongsang Province – South Korea’s Hyundai Motor Co. is poised to receive a 25% tax credit for its planned investment in a...

S.Korean gov't proposes nuclear power plant cooperation to Hungary

South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&o...

LS Cable consortium wins $1.5 billion cable deal from the Netherlands

A three-party consortium including South Korea’s LS Cable & System Ltd. has won a 2 trillion won ($1.5 billion) deal to build high-voltage...

Hyundai Rotem, Hana Bank to promote private railway project

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...

SK Ecoplant to build waste EV battery recycling plant in China

South Korea's SK Ecoplant Co. will build a recycling facility for electric vehicle (EV) waste batteries in the eastern Chinese province of Jiangsu, ...

NuScale to build Korea’s first SMR in Uljin, home to native Korean reactors

NuScale Power Corp. is expected to build its first small modular reactor (SMR) plant in South Korea in Uljin, already home to Korean native nuclear ...

S.Korea’s Suprema wins order from Saudi Arabia's Neom city project

South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, on Wednesday said it won a large-scale project in Neom, a ...

S.Korea, US advised to cooperate in advanced nuclear power plant

Amid declining exports of nuclear power plants from major countries like South Korea and the US, Russia and China have captured about 80% of the glo...

POSCO, Huayou to expand ties for battery precursors

POSCO Future M Co., formerly known as POSCO Chemical Co., on Wednesday signed a preliminary agreement with China’s Zhejiang Huayou Cobalt Co. ...

Hyundai AutoEver, LS Electric adopt Ieum 5G for production lines

South Korea's automotive internet sales company Hyundai AutoEver and electrical equipment and automation specialist LS Electric Co. have adopted Ieu...

Merck to build biopharma raw material plant in Korea

Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in Daejeon.South Korean ...

SK Geo Centric, Loop to set up plastic recycling plant in Korea

SK Geo Centric Co., a petrochemical unit within South Korean conglomerate SK Group, said on Wednesday it will set up a joint venture with a Nasdaq-l...

Daewoong Pharma to build third botulinum toxin plant for $746 mn

South Korea’s Daewoong Pharmaceutical next year will open a third plant to greatly expand annual output of its botulinum toxin Nabota at a cos...

KT launches two new AI serving robots

South Korea's KT Corp., said on Tuesday that it has unveiled two new AI service robots with upgraded features for enhanced driving stability and w...

LS Cable completes undersea HVDC cable plant

South Korea’s major cable manufacturer LS Cable & System Ltd. has completed the construction of Asia's largest high-voltage direct curre...