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Lotte Chemical CEO Huh Soo-young.(Photos: Lotte Chemical)
Lotte Chemical has risen to the No. 1 position in the Korean petrochemical business industry after overtaking LG Chem in operating profit for the first time since its founding in 1976.
The company’s strategy to go all out in the petr…
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President Kim Joon of SK Innovation.
SK Innovation has been able to turn itself around form a year ago, ending the 2016 with an earnings surprise with operating profit coming in at 3.228 trillion won, up 63 percent YoY on sales of 39.520 trillion won, down 18 percent YoY.
The company attribu…
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Chairman Huh Jin-soo of GS Caltex is seen during a tour of GS Caltex facilities at the GS Caltex Refinery Complex in Yeosu, South Jeolla Province.
GS Caltex, the nation’s 2nd largest oil refinery, last year posted its largest operating profit of 2.1 trillion won since the oil refinery went online.…
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CEO Othman A-Ghamdi of S-Oil.
S-Oil achieved record-breaking operating profit last year, with its non-oil refining businesses, including petrochemical and lubricant base oil, exceeding 50 percent of the overall operating profit.
S-Oil announced on Feb. 2 that it posted sales of 16.32 trillion won,…
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Hyundai Elevator President & CEO Bob Jang. (Photo: Hyundai Elevator)
Hyundai Elevator announced the 2016 consolidated financial statement on Feb. 9, logging 1.7589 trillion won in sales and 182.5 billion won in operating profit. The figures represent a 21.4 percent jump and a 16.4 percent surge…
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Chairman Huh Chang-soo of GS Group.
In his New Year’s address, Chairman Huh Chang-soo of GS Group asked that the group find new growth engines to build a broader base for a sustainable and profitable future. He asked the group to diversify its business portfolio and create a corporate culture to a…
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KT Chairman Hwang Chang-gyu.
KT Chairman Hwang Chang-gyu has been selected as one of the keynote speakers for the Mobile World Congress (MWC) 2017, slated for Feb. 27 in Barcelona, Spain. This is the second time Chairman Hwang will deliver a keynote speech at the MWC following his appearance at the…
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Samsung Electronics Vice Chairman Kwon Oh-hyun delivers a speech at a ceremony to kick off the 2017 business year at Samsung Digital City in Suwon, south of Seoul on Jan. 2.
(Photos: Samsung Electronics)Samsung Electronics held a ceremony to kick off the 2017 business year at Samsung Digital …
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Chairman Chung Mong-koo of Hyundai Motor Group.
In his New Year’s message delivered on Jan. 2, Hyundai Motor Group Chairman Chung Mong-koo set the 2017 management task as responsible management. The group also decided to raise the 2017 car sales goal to 8.25 million units in Korea and abroad, 120,…
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SK Group Chairman Chey Tae-wonSK Innovation President Kim JoonSK Telecom President Park Jung-hoK Hynix President Park Sung-wook. (Photos: SK Group)
SK Group plans to shift into a “practicality mode” to break through the fixated low growth rate trend.
The group has deployed “practical” ma…
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POSCO E&C President Song Chi-young. (Photos: POSCO E&C)POSCO E&C signed a supply contract for carbon reduction equipment to be installed at POSCO’s Pohang Steelworks with ThyssenKrupp Uhde, a German engineering firm specializing in plant…
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CAK Chmn. Han Seung-goo of the Construction Association of Korea, President Lee Han-woo of Hyundai E&C, President Lee Ki-jung of Hanyang University and President Lee Chung-jae of the Korea Construction Economy Institute of Korea pose with Hanyang…
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Chairman Han Man-hee of the International Contractors Association of Korea (ICAK).Amid growing expectations that the construction industry will win Middle East reconstruction projects following the US-Iran agreement, the Overseas Construction Associa…
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Samsung C&T President and CEO Oh Se-chul and Hitachi Energy CEO Andreas Schierenbeck pose with executives following the signing of a Memorandum of Understanding to expand power grid collaboration in Europe. (Photo: Samsung C&T)Samsung C&T…
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