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...

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...

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...

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...

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. ...

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...

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...

Hyundai Oilbank revives IPO push, expands blue hydrogen business

South Korean refiner Hyundai Oilbank Co. is seeking to list its shares on the local bourse next year, according to its parent Hyundai Heavy Industri...

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...

Hyundai, SK, POSCO, Hyosung agree to launch Korea’s hydrogen council

Hyundai Motor Group and three other South Korean conglomerates have agreed to launch an industry-wide consultative body on hydrogen, underscoring an...

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...

SK invests in the US 'turquoise' hydrogen maker Monolith Materials

SK Inc., the holding and investment company of SK Group, has made another big investment in the US hydrogen segment.On Jun. 3, SK said that it bough...

SK, Lotte to set up hydrogen JV within 2021

South Korea’s major conglomerates SK Group and Lotte Group have joined hands to strengthen their foothold in the fast-growing hydrogen sector....

POSCO, Orsted form offshore wind and hydrogen partnership

South Korea’s steelmaker POSCO has taken another big step in accelerating the industry’s shift toward renewable energy. POSCO said on Ma...

POSCO chairman: Future at stake without co's hydrogen push

Choi Jeong-woo, chairman of POSCO, South Korea’s largest steelmaker, said it’s no exaggeration to say that the company’s future is...

Hyundai Motor’s new XCIENT truck raises hydrogen game in Europe

South Korea’s top automaker Hyundai Motor Co. has unveiled an upgraded version of its fuel cell truck XCIENT, turning up the heat on rivals in...

Hyundai Motor chairman vows to go carbon neutral, stresses electrification

Chung Euisun, chairman of Hyundai Motor Group, has vowed to go carbon neutral in the group's processes, from automaking to vehicle disposal, in a mo...

Lotte Chem in hydrogen deal with Air Liquide, invests $185 mn in materials

South Korea’s Lotte Chemical Corp. is diversifying into electric vehicle raw materials and hydrogen businesses as new growth drivers, moving a...

Eight of top 10 Korean conglomerates betting on hydrogen

There was a time when virtually all major South Korean firms were racing to make something big and heavy. Power plants, offshore oil and gas constru...

Hyundai Motor, BTS celebrate Earth Day with hydrogen campaign

South Korea’s top automaker Hyundai Motor Co. and global K-pop boyband sensation BTS have collaborated to urge people to protect the environ...

Doosan sets sights on hydrogen business as future growth engine

South Korea’s Doosan Group has launched a task force to foster its hydrogen fuel cell business as one of its key growth drivers.The heavy mach...

Hyundai Oilbank, Air Products sign MOU to make hydrogen

Hyundai Oilbank Co., the oil refining unit under Hyundai Heavy Industries Holdings Co., has joined hands with US gas and chemical company Air Produc...

Hydrogen, aerospace, materials: key words for Korean business leaders

South Korea’s top conglomerates have enjoyed their domestic market leadership for decades with a focus on the steel, shipbuilding and petroche...

SK in stake sale talks for SPC set up to buy Plug Power

SK Holdings Co. is in negotiations with several private equity firms to sell up to a 49% stake in a special purpose company (SPC) set up to invest $...

S-Oil invests in fuel cell maker to enter hydrogen energy market

South Korea-based oil refiner S-Oil Corp. is readying to expand its business into the hydrogen energy sector by investing around 8.2 billion won ($7...

Hyundai Heavy, Aramco form global hydrogen partnership

South Korea’s Hyundai Heavy Industries Holdings Co. and Saudi Aramco have agreed to launch a hydrogen partnership in a step toward building a ...

Hyundai, SK in hydrogen tie-up as part of $38 bn industry cooperation

South Korea’s auto giant Hyundai Motor Group and energy conglomerate SK Group have agreed to tie up in hydrogen-related projects as part of an...

SK teams with Plug Power to tackle Asia's hydrogen ecosystem

South Korea-based SK Group is ready to take on the growing Asian fuel cell market, having finalized a $1.6 billion deal to acquire around a 10% stak...

Hyundai Motor, POSCO steelmaking tie-up to develop hydrogen tech

South Korea’s Hyundai Motor Co. and steel giant POSCO have agreed to jointly develop technology that uses hydrogen instead of coking coal to p...

Hyundai Motor unveils AI-powered voice recognition technology

South Korea-based Hyundai Motor Group has unveiled new artificial intelligence-powered voice recognition technology to be installed in mass-produced...