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Vice Chairman Park Jin-soo of LChem.LG Chem will invest 240 billion won to establish a joint venture with the world’s No. 1 cobalt refinery. The move is designed to secure a stable supply of cobalt as one of key raw materials for producing EV batteries. Cobalt prices have surged. LG Chem said on Ap…
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A view of Kumho Petrochemical’s second energy plant in Yeosu.Kumho Petrochemical shares have shown signs of rising on the back of the company’s better-than-expected 1st quarter business performance. Kumho Petrochemical shares closed at 109,000 won on May 3, up 500 won or 0.64 percent center over t…
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A lot of visitors look at smart energy solutions on display at LSIS’s pavilion at an exhibition fair at Hannover Messe, Germany, on April 24. (Photo: LSIS)Despite the strong won, LSIS chalked up its largest-ever 1st quarter operating profit on the back of even growth in all business areas. LSIS log…
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Lotte Shopping Co. President Kang Hee-tae unveils a plan to invest 3 trillion won to ramp up the on-line business on May 15. (Photo: Lotte Shopping)Lotte, the nation’s largest distribution juggernaut, has decided to integrate its online shopping malls in order to take a leadership position in the o…
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Hanwha Group Chairman Kim Seung-youn. (Photo: Hanwha Group)Three years have passed since Samsung General Chemical and Samsung Total, acquired by Hanwha Group, changed their name to Hanwha General Chemical and Hanwha Total, respectively. Following the deal with Samsung Group, Hanwha Group has fulfill…
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Diverse designs of Lotte Confectionery’s “Buon Gelato” ice cream package whose entry won the Silver A’ Design Award in the packaging design competition category at the 2018 A’ Design Award & Competition. (Photos: Lotte Confectionery)Lotte Confectionery’s “Buon Gelato” ice cream package w…
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Chairman Koo Bon-moo of LG Group waves his group’s flag as he took the helm of the group on Feb. 22, 1995.Chairman Koo Bon-moo of LG Group, one of Korea’s representative conglomerates, passed away at the age of 73. The late Koo, born in Jinju, Gyeongsangnam-do, took the helm of the group as the th…
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New products of the 2018 OLED TV, to be put on the market by Samsung Electronics in May, are displayed at the First Look 2018 Korea held at its Seocho building in Seoul on April 17. (Photo: Samsung Electronics)Samsung Electronics has launched a marketing offensive to target the domestic super large …
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Hyundai Mobis, seeking to be a top holding company of Hyundai Motor Group, comes up with ambitious plan to raise sales to 44 trillion won by 2025. (Photo: Hyundai Mobis)Hyundai Mobis, seeking to be a top holding company of Hyundai Motor Group, unveiled an ambitious plan to raise sales to 44 trillion…
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Vice Chairman Park Jin-soo of LChem.LG Chem had the greatest quarter in its history in terms of sales in the first quarter this year, rising to 6.553,6 trillion won, up 66.9 billion won YoY, the company said on April 30.President Chung Ho-young and Chief Financial Officer attributed the outstanding …
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Daewoo E&C Chmn. Jung Won-ju poses with former Indonesian President Widodo after they had a meeting in which they discussed ways of promoting cooperation at Indonesia’s presidential palace in Jakarta on Oct. 18. (Photo: Daewoo E&C)Daewoo E&a…
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SK ecoplant President Kim Hyung-keun. (Photos: SK ecoplant)SK ecoplant is opening a model house for “Centumpark SK View,” an apartment complex to be sold in Yeonjae-gu, Busan, the company said on Oct. 11. The Centumpark SK View will have three…
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President Park Young-bin of Construction Guarantee (CG). (Photos: CG)Construction Guarantee (CG) established a new system to secure the transparency of asset management and establish a foundation to secure asset management in a systematic fashion, CG…
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Booyoung Group Chmn. Lee Joong-keun poses with Say Sam Al, Cambodian Deputy Prime Minister and Minister of Land Management, at a ceremony to open part of the Booyoung Town in Phnom Penh, Cambodia, Oct. 9. (Photo: Booyoung Group) Booyoung Group h…
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