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POSCO Chairman Choi Jeong-woo. (Photos: POSCO)POSCO has succeeded in mass producing eco-friendly graphite free-cutting steel, dubbed “PosGRAM,” or GRAphite steel for Machinability, for the first time in the world.The graphite free-cutting steel is expected to replace lead free-cutting steel import…
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Samsung Electronics Vice Chairman Lee Jay-yong makes an inspection tour of the electronics company’s Onyang plant in Asan, Chungcheongnam-do, on July 30.Samsung Electronics Vice Chairman Lee Jay-yong has made good on a promise he made on the company’s investments two years ago. Samsung Electronics…
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Hyundai Motor Group Executive Vice Chairman Chung Eui-sun.Hyundai Motor Group, expanding the production of eco-friendly cars, is stepping on the gas to nurture energy-related businesses in a more aggressive way. The group’s initial goal is to secure EV and hydrogen fuel cell car infrastructure. As …
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LG Chem Vice Chairman Shin Hak-cheol.LG Chem is expanding the production of nitrile butadiene latex (NBL), a raw material for producing nitrile gloves whose demand is seeing explosive growth amid the COVID-19 pandemic. LG Chem signed a deal with Petronas Chemicals Group (PCG), the state-run petroche…
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Actor Yoo Yeon-seok makes a pitch for SPAM gift sets released by CJ Cheijedang. (Photos: CJ Cheijedang)CJ Cheiljedang has put on the market 260 kinds of Chusoek gift sets in keeping with four of the latest consumption trends, such as eco-friendliness, “substance,” health and home meal. They consis…
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An employee with LG Group’s production plant in Gumi, Gyeongsangbuk-do, test-operates one of the plant’s products.LS Group is attaching top priority to ensuring safety, environmental responsibility and ethics. The business group is implementing companywide activities to get back to the basics to p…
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A view of the Dye “Hello Bubble Foam Neon Paradise” series, released in Taiwan by Amorepacific Mise-en-Scene. (Photos: Amorepacific)Amorepacific is conducting a marketing blitzkrieg by employing Korea’s prominent girl group, Blackpink, to tap the Taiwanese dyeing market. Amorepacific Mise-en-Scen…
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(from left) Pyeongtaek Mayor Chung Jang-seon, Gyeonggi-do Gov. Lee Jae-myung, and President Park Jung-kook of Hyundai Mobis attend a ceremony to strike an MOU on the establishment of Hyundai Mobis’ EV parts module production center at the provincial government building in Suwon on Aug. 26. Hyundai …
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CEO Hussein al-Qatani of S-Oil.S-Oil’s foreign currency credit rating has been kept intact at “Baa2” despite business hardships, caused by the spread of the novel coronavirus. S-Oil said on Sept. 4 Moody’s Investors Service affirmed the Korean refinery’s foreign currency rating at “Baa2.” Moo…
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Dignitaries, including Gyeonggi-do Gov. Lee Jae-myung, Vice Chairman Park Geun-hee of CJ Group, and President Kim Cheon-soo of CJ Livecity, participate in a ceremony to sign an MOU on the successful implementation of “K-Culture Valley” in Goyang City on Agu. 11. (Photos: CJ Group)CJ Group’s mega …
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President Kwon Myung-ho of Korea East-West Power (EWP) makes an inspection tour of power complexes to ensure the stable supply of electricity amid a frigid weather during the winter power supply countermeasure period until Feb. 21, 2025. (Photo: EWP)…
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Ex-President Joo Young-min of HD Hyundai Oil Bank shakes hands with Yasuhiro Suzuki, CEO of Cosmo Oil as they participated in a ceremony on a share purchase agreement related to HD Hyundai Oil Bank’s acquisition of HD Hyundai Cosmo Oil at Lotte Hote…
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President Huh Se-hong of GS Caltex. (Photos: GS Caltex)GS Caltex has celebrated the 57th anniversary this year. The company, a trailblazer in Korea’s energy sector since 1967, is pushing the boundaries of innovation with its comprehensive digit…
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CEO Cha Dong-hyung of Korea Petroleum Quality and Distribution Authority. (Photos: K-Petro)The Korea Petroleum Quality & Distribution Authority (K-Petro) is participating in the transportation distribution market management after being designated…
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