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A bird’s eye view of the projected Biobutanol plant being built in the GS Caltex Yeosu Oil Refinery Complex in Yeosu, South Jeolla Province.A staff checks the biobutanol as it is produced experimentally at its plant in the GS Caltex Yeosu Oil Refinery Complex.(Photos: GS Cal) GS Caltex has been pu…
A test on Hyundai Mobis panoramic sunroof airbag to protect the passengers from getting thrown out of the car with sunroofs when it is overturned. The new airbag  is the first of its kind in the world, according to the auto parts maker.(Photo: Hyundai Mobis) Hyundai Mobis, Korea’s biggest sup…
A view of LG Chem’s plant in Ochang, Chungcheongbuk-do (Photo: LG Chem) LG Chem's earnings for the 3rd quarter of 2017 are expected to mount about analysts’ expectations, as the company is benefiting from the effects of hurricanes hitting the United States, China’s stringent environment regulati…
President Huh Soo-young of Lotte Chem. (Photo: Lotte Chem) Lotte Chem is about to record an annual profit for the third straight year, along with a strong three-year increase in stock prices.The success has been attributed to high chemical product prices in recent years and the additional prod…
A scene from a Hyundai Mobis plant in Georgia, the United States.(Photo: Hyundai Mobis) Hyundai Mobis is proud of the fact that its overseas orders jumped five times in the past 12 months, with orders picked up in North America and China coming to $4.8 billion as of Aug. 30. The moves are all the m…
President Moon Jong-bak of Hyundai Oilbank.(Photo: Hyundai Oilbank) In 2014, the oil industry hit rock bottom as oil prices crashed and the global economy was in doldrums, straining the demand for petroleum products across the board. With oil prices cheaper than water in some places, “the more oil…
A view of Korea Midland Power Co. (KOMIPO) in Boryeong, Chungcheongnam-do. Korea Midland Power Co. (KOMIPO) is accelerating efforts to cut fine dust emissions from its power plants. KOMIPO plans to pour 1.653 trillion won into lowering pollution emissions from power facilities in the Boryung Power…
Korea Southern Power Co. (KOSPO) is making massive investments into new and renewable energy projects with the goal of making a shift in the energy paradigm to promote public safety.  The power company is accelerating efforts to expand new and renewable energy industry infrastructure with th…
Korea Electric Power Corp. President Cho Hwan-eik visits the Big Data Center of LG U+ in Yongsan-gu, Seoul, on Sept. 14. (Photos: KEPCO) Korea Electric Power Corp. (KEPCO) President Cho Hwan-eik toured the Big Data Center of LG U+, a company specializing in the 4th Industrial Revolution, which is l…
A view of LG Chem’s plant in Daesang, Chungcheongnam-dop. (Photo: LG Chem) LG Chem has seen its corporate value surge 12.8 trillion won over ten months. LG Chem shares were traded for 390,000 won per share on the Korean bourse on Sept. 12, an 81 percent jump over 10 months ago. The company saw its…
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Economy/Finance
Chairman Yoon Jong-kyoo of KB Financial Group.KB Financial Group plans to continue to retain its position as a leading financial group in Korea as the first financial group to join the envious 3 Trillion Club in net profit.The group set out to streng…
New Chairman Kim Kwang-soo of NH Financial Group and key executives joined by important guests pose for a group photo session following the inaugural ceremony for the new chairman on April 30 held at the financial group’s head office in Seoul.Kim Kw…
The winners of the 2018 State Industry Grand Awards including Pres. Shin Hong-seob of KB Savings Bank, pose for a photo session at Grand Hilton Hotel Ballroom in Seodaemoon Ward in Seoul, where the event took place on May 17.(Photos: KB Savings Bank)…
President Ham Young-joo of KEB Hana Bank. (Photo: KEB Hana Bank)KEB Hana Bank has been leading the retirement fund market, led by its Target Date Fund (TDF) that was launched two years ago. It’s said to be selling well among customers, which is help…


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