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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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Vice Chairman Chung Ui-sun of Hyundai Motor Group, 2nd R, introduces the auto group’s the G90 high-end sedan at Detroit Motor Show Jan. 15-24 in Detroit, Michigan, the U.S.. designed to compete in the luxury sedan market around the world.(Photo:HMG)
The 2016 North America International National Au…
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President Lee Jae-myung, First Lady Kim Hae-kyung, descendants of independence fighters, and Para Olympic representatives shout “Hurray” at a ceremony to celebrate the 81st anniversary of Independence Day at Sejong Center for the Performing Arts in…
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President Lee Jae-myung, Samsung Chairman Lee Jae-yong, and SK Chairman Chey Tae-won pose for a photo at the National Report Meeting on the Three Major Mega-Projects for Korea’s Great Leap Forward at the Cheong Wa Dae’s State Guest House on June 29…
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President Lee Jae-myung shakes hands with Italian Prime Minister Giorgia Meloni at a welcoming ceremony at the Rome state guesthouse on June 12. (Photo on the courtesy of the Office of the President)President Lee Jae-myung returned home on July 17 fr…
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U.S. President Donald Trump shakes hands with Chinese President Xi Jinping at a welcoming ceremony in honor of President Trump, on a state visit, at the Great Hall of the People in Beijing on May 14. (Photo on the courtesy of the White House)U.S. Pre…
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