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Dignitaries, including Minister Paik Un-gyu of the Ministry of Trade, Industry and Energy (MOTIE), KEPCO President Kim Jong-gap and President Chung Jae-hoon of Korea Hydro & Nuclear Power (KHNP), attend a ceremony to open an office of providing support to Korea’s bid to win a project to build a…
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President Moon Jae-in, Indian Prime Minister Narendra Modi, Korean Foreign Minister Kang Kyung-hwa and Samsung Vice President Lee Jay-yong cut the ribbon to open Samsung Electronics’ new smarphone plant in Noida in the northern state of Uttar Pradesh on July 9. (Photo on the courtesy of Cheong Wa D…
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Research staff at LG Chem Laboratory check the lithium-ion batteries that LG Chem produced at the lab.LG Chem has secured a stable supply of lithium, a key raw material for electric car batteries, with the company signing an agreement with Nemaska Lithium Inc. for the supply of lithium for five year…
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LSIS Chairman Koo Ja-kyun. (Photos: LSIS)LSIS Chairman Koo Ja-kyun always makes a point of stressing the fact that the 4th Industrial Revolution has emerged as not only a crisis, but also presents opportunities. He says companies should seize it as an opportunity to make a quantum jump. Koo urged hi…
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A view of LG Chem’s plant at the Yeosu Industrial Complex. (Photos: LG Chem)LG Chem Vice Chairman Park Jin-soo.LG Chem plans to plunk down more than 2 trillion won in petrochemical projects, including one to build a new naphtha cracking center in Yeosu, South Jeolla Province.LG Chem Vice Chairman P…
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A view of SK Innovation’s plant in Incheon. (Photo: SK Innovation)In 2014, SK Innovation poured 1.6 trillion won SK Energy Incheon Complex, a refinery facility center. The investment channeled into a chemical facility, not expanding refinery facilities. The investment has transformed the Incheon co…
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V. Chairman Park Jin-soo of LG Chem.LG Chem has been working on the projects to find new growth engines although the company already has a number of key industrial areas to keep itself going including basic materials, batteries, information electronics materials and bio tech to make it will be able …
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LS C&S CEO Myung Roe-hyun and AG Group Chairman Panji Winata hold a copy of an agreement in which LS C&S and PT Artha Metal Synergy signed to set up a joint venture plant in Indonesia in Seoul on June 18. (Photo: LS C&S)LS Cable & System (LS C&S) has joined forces with PT Artha M…
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Samsung SDS President Hong Won-pyo. (Photos: Samsung SDS)Marie Wieck, IBM’s president in blockchain, speaks at the Think Korea Forum at the Grand Hyatt Hotel in Seoul on May 24. The two met at Samsung SDS headquarters in Jamsil, Seoul on May 29 to discuss ways of promoting cooperation in the blockc…
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President Kim Kyo-hyun of Lotte Chem.Lotte Chemical’s ethan cracking and ethylene glycol production plants in Lake Charles, Louisiana, have been getting a lot of attention since President Trump won the presidential election in 2016. It has became a good example of what the U.S. president wants to s…
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Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I…
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A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli…
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Chairman Lee Jae-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics achieved its best-ever performance on a quarterly basis by achieving the 50 trillion won milestone in operating profit in the first quarter of this year.&nb…
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Kim Kyu-young, taking office as a professional manager-turned chairman other than the owner of the group. (Photos: Hyosung)HS Hyosung Group is undergoing changes in its governance structure by appointing Kim Kyu-young, former Hyosung vice chairman, t…
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