new plants
Scope
Date
~
-
Construction
Hyundai Engineering completes Long Son plant project in Vietnam
South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...
Nov 28, 2022 (Gmt+09:00)
-
Chemical Industry
SK picglobal builds DPG-only production facility
SK picglobal, a joint venture between SKC's chemical division and a subsidiary of the Kuwait Petroleum Corporation (KPC) named PIC, have built a pla...
Nov 28, 2022 (Gmt+09:00)
-
ESG
SK Innovation to adopt internal carbon pricing system
SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...
Nov 28, 2022 (Gmt+09:00)
-
Robotics
Hyundai Mobis to use self-running robots at Ulsan plant
Hyundai Mobis on Sunday said it will develop mobile robots usable at manufacturing sites and logistics hubs as well as a related logistics system ...
Nov 28, 2022 (Gmt+09:00)
-
Petrochemicals
Hanwha, DL Chemical to split up two-decade-old YNCC joint venture
Yeochun NCC Co., a leading South Korean petrochemical producer, will split up after its two owners – Hanwha Group and DL Group – have ag...
Nov 27, 2022 (Gmt+09:00)
-
Batteries
Hyundai, SK to build $1.9 bn EV battery plant in US
Hyundai Motor Group, South Korea’s top automaker, and SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, will b...
Nov 25, 2022 (Gmt+09:00)
-
Energy
S.Korea to cut coal's share of energy usage to under 20% by 2030
The draft of the Korean government's 10th Basic Plan for Electricity Supply and Demand contains a clause on reducing coal generation's share of nati...
Nov 25, 2022 (Gmt+09:00)
-
Batteries
SK On, EcoPro, China’s GEM to build battery materials plant in Indonesia
SK On Co., a South Korean electric vehicle (EV) battery maker, has joined forces with two energy materials companies to build a nickel intermediate ...
Nov 25, 2022 (Gmt+09:00)
-
Private equity
Carlyle promotes two Koreans to partner, MD
The Carlyle Group Inc. announced on Tuesday 32 new partners and 39 new managing directors, effective Jan. 1 of 2023, including two Koreans, Sean (So...
Nov 24, 2022 (Gmt+09:00)
-
Korean stock market
Korea to revise dividend policy to ease ‘Korea discount’ concerns
South Korea plans to revise its stock dividend policy as part of a broader financial market reform to help attract foreign investors and obtain MSCI...
Nov 24, 2022 (Gmt+09:00)
-
ESG
South Korea aims to build world’s 6th inland base in the Antarctic
The South Korean government announced on Monday that it will build the world’s sixth inland base in the Antarctic by 2030. The Ministry o...
Nov 22, 2022 (Gmt+09:00)
-
Batteries
LG Chem to build $3.2 billion US cathode plant in Tennessee
LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it is building a $3.2 billion cathode plant in Tennessee, its first facto...
Nov 22, 2022 (Gmt+09:00)
-
Energy
SK Lubricants rebrands with name change as SK Enmove
SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.The new name com...
Nov 21, 2022 (Gmt+09:00)
-
Korean startups
Mobility startup Poen takes first place at Geeks Show Up event in Jeju
South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...
Nov 18, 2022 (Gmt+09:00)
-
Waste management
BKT thrives as lone Korean wastewater treatment provider in US
South Korean water treatment provider Bukang Tech(BKT) on Wednesday said it earned a contract to build a wastewater treatment facility in the US sta...
Nov 18, 2022 (Gmt+09:00)
-
Construction
South Korea's DL E&C wins 1st petrochemical plant order in US
South Korean construction company DL E&C has landed its first contract to build a petrochemical plant in the US.The company on Thursday said it ...
Nov 17, 2022 (Gmt+09:00)
-
Chemical Industry
Samyang transitions to white biotech with S.Korea’s first isosorbide plant
Samyang Group, a diversified conglomerate, has long focused on the chemicals and foodstuffs sectors. While adding to its existing chemicals bus...
Nov 17, 2022 (Gmt+09:00)
-
Pension funds
NPS narrows search for new CIO to two major candidates
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund managing 917.2 trillion won ($692 billion) in asset...
Nov 16, 2022 (Gmt+09:00)
-
Chemical Industry
SK Geo Centric to build Asia's biggest advanced recycling plant with British partner
South Korea's SK Geo Centric, the green chemical subsidiary of SK Innovation, will build Asia's largest advanced recycling (pyrolysis) plant in the ...
Nov 16, 2022 (Gmt+09:00)
-
Artificial intelligence
LG CNS to design smart city system for Indonesia's new capital
South Korea's LG CNS will provide a smart city design for Indonesia's new capital of Nusantara. The company on Tuesday said it signed the day before...
Nov 15, 2022 (Gmt+09:00)
-
Automobiles
Hyundai launches fully revamped Grandeur; pre-orders jump
South Korean automaker Hyundai Motor Co. has unveiled a new Grandeur sedan – the first fully revamped model in six years – to strengthen...
Nov 15, 2022 (Gmt+09:00)
-
Korean games
NCSOFT unveils trailer of new shooting game LLL
NCSOFT Corp. on Monday unveiled the gameplay trailer for LLL, its new shooting game for PCs and consoles to be released worldwide in 2024, for the f...
Nov 14, 2022 (Gmt+09:00)
-
Food & Beverage
Pulmuone to double pasta production in China by expanding plant
South Korea's food giant Pulmuone on Monday said it will boost production of pasta-based convenience food in China by expanding its first plant in P...
Nov 14, 2022 (Gmt+09:00)
-
Food & Beverage
CJ CheilJedang builds up future food materials business
CJ CheilJedang, following an organizational reshuffle, will focus on the development of future food such as food ingredients and alternative protein...
Nov 14, 2022 (Gmt+09:00)
-
Petrochemicals
GS Caltex seeks balanced growth with $2 billion new olefin complex
GS Caltex Corp., South Korea’s second-largest oil refiner, said on Friday it has completed the construction of a 2.7 trillion won ($2 billion)...
Nov 11, 2022 (Gmt+09:00)
-
Logistics
Hyundai Mobis to build $69 mn integrated logistics center in Korea
South Korea’s largest auto parts maker Hyundai Mobis Co. said on Thursday it will spend 94.8 billion won ($69 million) to build an integrated ...
Nov 10, 2022 (Gmt+09:00)
-
Construction
Doosan Enerbility signs $1.2 billion deal to build nuclear plant in Egypt
South Korea's major power plant builder Doosan Enerbility Co. said on Thursday it has clinched a 1.6 trillion won ($1.2 billion) deal to become a co...
Nov 10, 2022 (Gmt+09:00)
-
Batteries
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...
Nov 10, 2022 (Gmt+09:00)
-
Artificial intelligence
LG, Altair build AI-powered validation platform for automotive parts
LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, said on Wednesday it has joined forces with Alt...
Nov 09, 2022 (Gmt+09:00)
-
Food & Beverage
Jin from BTS becomes new face of Ottogi Jin Ramen
South Korea’s food manufacturing giant Ottogi Co. has selected Jin from K-pop band BTS as its new face of the uber-popular Jin Ramen line.&nbs...
Nov 09, 2022 (Gmt+09:00)
Latest News
- 1 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul