LG Elec to bet on healthcare, mobility, metaverse in N.America
LG Electronics Inc., the global top home appliance maker, will bet on the healthcare, mobility and metaverse sectors in North America through invest...
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...
SK Biopharmaceuticals to make CES debut in January
SK Biopharmaceuticals will take part in CES 2023, the world's largest trade show for IT and electronics held in Las Vegas, to unveil its medical dev...
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...
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...
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...
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...
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...
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...
Lotte Chem to buy Iljin at $1.9 bn for battery material biz
South Korea’s Lotte Chemical Corp. is set to acquire major domestic battery material maker Iljin Materials Co. at some 2.7 trillion won ($1.9 ...
Hanwha Solutions seeks spinoffs of Galleria, advanced materials divisions
Hanwha Solutions Corp., the energy and petrochemical arm of the Hanwha Group, is revving up for wide-ranging corporate restructuring to strengthen i...
SK's Chey, Zambian president discuss EV battery material deal
South Korea’s SK Group Chairman Chey Tae-won has met with Zambian President Hakainde Hichilema to discuss potential mineral deals in core mate...
Naver targets global edtech sector with Whale browser
Naver Corp., South Korea’s online platform giant, is taking on global heavyweights in its aim to lead the international edtech sector, by prov...
Seoul pushes for battery recycling to bypass US bill
South Korea will step up policy efforts to promote battery recycling, which might help the country get around the new US bill aimed at keeping elect...
Iljin Materials unveils elecfoil with ultra-high tensile strength
Iljin Materials Co., a South Korean battery materials maker, has unveiled an ultra-high tensile elecfoil, which can significantly improve the mileag...
South Korea bans L&F from building a battery material plant in US
The South Korean government has banned L&F Co., a battery materials maker, from building a new plant in the US amid a controversy over the Infla...
EV materials maker EcoPro tops the buy list of Korean stocks
Shares in EcoPro BM Co., a cathode material maker used in electric vehicle batteries, topped the list of South Korean stocks, for which an increased...
Sanofi, Korean biotech Lemonex ink material transfer agreement
South Korean biotech Lemonex Inc. has signed a material transfer agreement (MTA) with global pharmaceutical giant Sanofi S.A. to use the Korean bi...
Korean big-box stores see credit rating downgrades
Two credit rating agencies have lowered South Korean big-box retail giants’ credit profiles. Korea’s top three big-box stores, Homeplus ...
Samsung, LG boost use of recycled materials for electronics
South Korean tech giants Samsung and LG are increasing their amount of electronic products made from recycled materials. The companies will showcase...
Samsung SDI to hasten US battery plant groundbreaking
Samsung SDI Co., the world's sixth-largest battery maker, is set to push forward the start of its plant construction in the US by two months in resp...
Hyundai Elevator logs first quarterly loss since 1996
Hyundai Elevator Co., South Korea’s No. 1 elevator producer, swung to a quarterly operating loss for the first time since it was listed on the...
Hyundai Motor to redirect its TaaS, AI functions to self-driving arm 42dot
Hyundai Motor Group will redirect the core functions of its Transportation-as-a-Service (TaaS) division and AIRS Company to its recently acquired se...
