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Vice Chairman Park Jin-soo of LG Chem.
LG Chem will make substantial investments in its R&D, expanding it from 600 billion won now to 900 billion won annually in 2018, and increasing the number of research staff by 1,000 in 2018, Vice Chairman Park Jin-soo said recently.
The research activitie…
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OCI Materials has changed its name to SK Materials, aiming to make a fresh start under the wing of SK Business group.
OCI Materials held an extraordinary shareholders’ meeting on Jan. 16 to approve the name change to SK Materials and appoint SK Corp. President Cho Dae-shik and Executive Vice Presi…
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Vice Chairman Chung Ui-sun of Hyundai Motor Group introduces the G90 at Detroit Motor Show on Feb. 12 in Detroit, Michigan, in the U.S.(Photos:Hyundai Motor)
Hyundai Motor Co. posted around 6 trillion won in net profit in 2015, the lowest in five years. The fourth quarter’s operating profit fell 1…
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President Hong Won-pyo of Samsung SDS Solution Division gives a key-note speech at the CES 2016.
Samsung SDS is accelerating efforts to secure markets ahead of other rivals by accumulating patents. In particular, the company is trying to diversify its registration of patents with a focus on foreign…
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Vice Chairman Lee Jay-yong of Samsung Electronics.(Photo:Samsung Electronics)
Samsung Electronics said its revenue in 2015 amounted to 200.650 trillion won, despite a slowdown in the global IT market. The electronics firm’s annual sales exceeded 200 trillion won for the fourth year in a row.…
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Hyundai Oilbank President Moon Jong-bak.
The oil industry became one of the few big industries that ended 2015 with a big smile with operating profit skyrocketing to 4.8 trillion won, the second-highest figure in its history, while many other industries struggled due to the economic slump at home a…
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CEO Nasser Al-Mahasher of S-Oil.(Photo:S-Oil)
President Nasser Al-Mahasher of S-Oil Corp recalled that the oil refinery accomplished a great deal last year in its operational areas, despite the difficult global economy including the steep fall in the price of oil prices. He said management was tigh…
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Vice Chairman Huh Jin-soo of GS Caltex.
GS Caltex launched its local subsidiary in Monterrey, Nuevo Leon, Mexico, to build a plastic compounding plant and sell the product in North America, one of the three major markets in the world for the petrochemical product, the company said recently.
The oi…
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Vice Chairman Chung Chul-khil of SK Innovation.(Photo:SK Innovation)
SK Innovation, South Korea’s top oil refiner, on Feb. 4 posted its second-best performance to date in 2015 thanks to high refining margins on the back of increased global demand for oil products and reduced inventory losses.
The…
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Chairman Kwon Oh-joon of POSCO.
POSCO will export its Finex steel making technology to PKP of Iran, which is on the way to buildinf a $1.6 billion steel plant in the country. The Korean steel giant will take over an 8 percent stake in the proposed Iranian steel plant, according to the Ministry of T…
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삼성전자, SK하이닉스, 한국전력, 한국수자원공사, 한국토지주택공사 등 관계기관은 11월 27일 오전 한국반도체산업협회에서 ‘용인 반도체 클러스터 인프라 구축 협약식’을 개최하고 원활한 전력‧용수공급 사업 추진을 위한 협약을 체결하였다.금번 협약을 통해…
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한국표준협회는 10월 21일 서울 삼성동 DT센터(협회 본사)에서 임시 총회를 열고 문동민(文東珉) 전 산업통상자원부 무역위원회 상임위원을 신임 회장에 선임했다고 22일 밝혔다.문동민 신임 회장은 (서울대 경제학과(학사), 서울대 행정대학원(석사)에서 학위를 취득했…
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국토교통부(장관 박상우)는 해외건설협회(회장 한만희)와 함께 11월1일 오후 3시 서울건설회관에서「2024 해외건설· 플랜트의 날」 기념식을 개최하였다.이번 기념식은“해외건설이 미래로 도약하는 신성장동력이 되겠습니다”라는 슬로건으로 열린다. 해외건설 분야의…
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산업통상자원부(장관 안덕근)와 한국무역협회는 12.5(목) 오전 11시부터 서울 코엑스에서 무역 유공자, 정부·유관기관장 등 1,000여명이 참석한 가운데 제61회「무역의 날」기념식을 개최하였다.올해에도 글로벌 고금리·고물가, 미 대선, 러-우전쟁, 중동 사태 등 우…
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