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LG Chem Vice Chairman Park Jin-soo.
LG Chem is mass-producing an advanced material that is 100 times stronger than steel and possesses higher heat and electrical conductivity. The step is part of the company’s strategy to shift the paradigm to a focus on value-added product portfolios since the co…
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CJ’s Bibigo Mandu (Dumpling) put on the Chinese market.
CJ Jeiljedang chalked up the best operating profit in its history, led by its mainstay food business. The bio and feed & livestock businesses also saw better business performances. CJ Logistics, a subsidiary of CJ Jeiljedang, surpassed 6 …
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Chairman Park Jong-won of Doosan Group.
All of Doosan Group’s affiliates were profitable last year, despite a general downturn sweeping the world.
The group has been trying to maintain its upward trajectory and seek new growth engines with a solid financial structural base. Doosan Heavy Ind…
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A view of Hanwha Techwin’s booth at the Eurosatory 2016, the largest land and air-land defense trade show in Paris, France in which homegrown self-propelled artillery K-9 is displayed.A view of Q CELLS’ pavilion at the PV EXPO 2016 in Tokyo in which the company showcases leading Technologies. (Pho…
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Chairman Cho Hyun-joon of Hyosung Group.(Photo: Hyosung Group)
Hyosung chalked up more than 1 trillion won in operating profit in 2016, the first time it surpassed the milestone since its founding in 1966. Hyosung has maintained steady growth in all businesses ranging from conventional mainstay syn…
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Vice Chairman Kwon Oh-gap of Hyundai Heavy Industries.
Hyundai Heavy Industries, which is due to split its corporate structure in April, had a very good fourth quarter last year, with operating profit rising with the positive news that the U.S. marine plant market has been improving.
Unlike shipbu…
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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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Minister Hwang Jong-woo of the Ministry of Oceans and Fisheries (MOF), Vice Mayor Hwang Ki-yeon of Jeonnam-Gwangju Special Metropolitan City, and Gwangyang Mayor Park Sung-hyun and President Choi Kwan-ho of Yeosu Gwangyang Port Authority participate …
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On Aug. 29, the government’s KDRT boards a helicopter for a search operation at a helipad of Kathmandu Airport, Nepal. (Photo: Ministry of Foreign Affairs)At 8:37 AM on Aug. 26, 2026, a massive glacier collapse occurred near the border between Nepal…
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KBIZ Standing Vice Chmn. Oh Ki-ung, ISPF Chmn. Ahn Kyung-duk and President Lee Byung-hee of Korea Labor Research Institute pose for a photo as they attended a policy debate on eliminating of industry safety gap among large-sized companies and SMEs at…
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President Byeon Jae-young of Ulsan Port Authority (UPA) signs a tripartite MOU with Royal Wagenborg and Korea Overseas Business Corp. to invigorate arctic shipping routes at BPA president’s office on Aug. 4.Ulsan Port Authority (UPA) said on Aug. 20…
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