President Lim Byung-yon of Lotte Chemical Co. with the photos of the company’s petrochemical plants in background. (Photo: Lotte Chemical) President Lim Byung-yon of Lotte Chemical said his goal is to vault the company into the top 7 chemical companies in the world by 2030. Lim is going to do it by…

Senior Executive Vice President Park Seung-yong of Hyundai Heavy Industries (HHI) signs a deal to with IMI President Fathi K. Al-Saleem to construct a 31,900-ton VLCC at its Ulsan shipyard.Hyundai Heavy Industries (HHI) signed a deal to transfer architectural design related to the Very Large Crude C…

Chairman Cho Hyun-joon announces Hyosung Group's plan to invest 1 trillion won in the carbon fiiber plant in Jeonju, North Jeolla Province, at a ceremony on Aug. 20 to become the 3ed largest producer of the material in the world by 2028.Hyosung Group announced it will invest 1 trillion won ($828 mil…

Vice Chairman Park Geun-hee delivers a welcoming address at the CJ Global Day held Aug. 17-18 at the L.A. Convention Center in Los Angeles to recruit new employes for the group under the banner of “Come and Join Us: Let’s Change Dreams into Reality.”“CJ Global Day” was held Aug. 17-18 at the LA…

Hyundai Motor Group Executive Vice Chairman Chung Ui-sun. (Photo: Hyundai Motor)Under the stewardship of Hyundai Motor Executive Vice Chairman Chung Ui-sun, after only one year in office, the Korean automaker has changed into one undergoing personnel and organizational innovation and being nimbler i…

POSCO Chairman Choi Jeong-woo gives words of encouragement to POSCO workers as he toured a FINEX plant of Pohang Steelworks. (Photo: POSCO)POSCO plans to build a lithium processing plant capable of producing 40,000 tons of lithium carbonate equivalent per annum in Gwangyang, Jeollanam-do. With its e…

Samsung Electronics Vice Chairman Lee Jay-yong poses with students of the Samsung S/W Academy for Youth (SSAFY) branch in Gwangju as he toured the institution on Aug. 20. (Photo: Samsung Electronics)Samsung Electronics Vice Chairman Lee Jay-yong toured the Samsung S/W Academy for Youth (SSAFY) branc…

Chairman Park Jee-won of Doosan Heavy Industries & Construction, 2nd L, is on a tour of the 2019 Hannover Messe Fair held in Hannover, Germany, on April 20 and listens to an explanation on the IoT employed for power generation at a booth run by Siemens. (Photo: Doosan Group)Doosan Group is makin…

A view of the Gum Guard toothpaste, released by Dong-A Pharmaceutical. (Photo: Dong-A Pharmaceutical)Dong-A Pharmaceutical has released Gum Guard toothpaste, which it says is “proven to be effective for treating tooth pain and preventing gum diseases.”The Gum Guard toothpaste is a kind of hybrid p…