CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion

CJ CheilJedang Corp., South Korea’s largest food and beverage company, said on Wednesday it has scrapped a planned sale of its green bio busin...

OCI supplies ultrapure phosphoric acid to SK Hynix

OCI Co. has won a contract from SK Hynix Inc. to supply it high-purity phosphoric acid, becoming the country’s first to provide the core chip-...

LG Chem, GS Caltex form eco-friendly materials alliance

LG Chem Ltd. and GS Caltex Corp. are accelerating their efforts in the eco-friendly bio-material business involving 3-hydroxypropionic acid (3HP). 3...

POSCO Int'l expands into bioplastic recycling business

POSCO International, a subsidiary of South Korea's steel-making-oriented POSCO Group, announced on Wednesday its entry into the biodegradable biopla...

CGBio inks export deal for hyaluronic acid fillers with Chinese distributor

CGBio, a South Korean bio-regenerative medical company, has signed an export deal with Shanghai Feiting Trading Co., a Chinese medical device distri...

JW Pharma applies for phase 3 trial in Taiwan for gout treatment

JW Pharmaceutical announced through its disclosure on Monday that it had applied last Friday for a phase 3 trial for Epaminurad, a gout treatment, w...

LG Chem, ADM to build two bioplastics plants in Illinois

LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it has signed an agreement with Archer Daniels Midland Co. (ADM), a globa...

Korea Zinc to double battery material output capacity

Korea Zinc Inc., the world’s top lead and zinc smelter, plans to double its production capacity of nickel sulfate, a key raw material for cath...

Hanwha moves forward in challenging Hu-Chems in nitric acid market

Hanwha Corp. is pushing forward with its plan to challenge Hu-Chems Co. in the industrial nitric acid sector as its attempt to acquire the chemical ...

Crude oil, nitric acid and yarn turn eco-friendly amid ESG boom

South Korean material makers are boosting their efforts to go green as they increasingly adopt eco-friendly technologies for raw materials such as c...

Hanwha challenges monopoly in S.Korea’s nitric acid sector

South Korea’s industrial nitric acid sector, currently led by Hu-Chems Co. with around a 90% market share, will see a change in the competitiv...

Hu-Chems set to solidify nitric acid leadership with Asia’s largest capacity

The semiconductor chip manufacturing process requires wafer – a thin slice of semiconductor on which integrated circuits are fabricated – ...