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Industry/Energy
Kumho Petrochemical Co. Business Group Park Chang-koo. A view of KKPC¡¯s 1st rubber plant in Yeosu with KKPC Foam Latex ranked 3th in the world (inset).(Photos:KKPC) Kumho Petrochemical Co. (KKPC) Business Group aims to become a global chemical leader with 20 trillion won in sales and 20 globa¡¦
Minister Yoon Sang-jick of the Ministry of Trade, Industry and Energy.(Photo:MOTIE) A view of the LNG storage facilities owned and operated by Korea Gas Corp. in Korea.(Photo:Kogas) The Ministry of Trade, Industry and Energy has cut the price of gas by an average of 10.1 percent from March 1, ¡¦
V.Chmn. and CEO Huh Jin-soo of GS Caltex.  Vice Chairman Huh Jin-soo of GS Caltex reemphasized the new vision for the oil company declared last year, ¡°A Companion That Creates Top Values in Energy and Chemical Sectors,¡± at a New Year¡¯s ceremony held this year. What the CEO of the second la¡¦
President Huh Soo-young of Lotte Chemical Co.  Lotte Chemical Co. plans to construct a plant for the separation of C5, a high-tech chemical material at the Yeosu Industrial Complex in South Jeolla Province, at the cost of 140 billion won. Construction is slated to be completed in 2016, the com¡¦
Chairman Kwon Oh-joon of POSCO.  POSCO will be able to export its Finex steel production technology to China as early as next month, steel industry sources said recently. A new Chongqing Steel plant being built in China need the approval of the Chinese government to import the Korean steel mak¡¦
KEPCO headquarters in Naju Jeollanam-do. Korea Electric Power Corp. (KEPCO) has come out with its 2015 budget plan, calling for 5.5 trillion won in spending this year, a 54 percent surge over 2014, It¡¯s equal to a jump of 2 trillion won. The goal is to enhance the safety of electricity facilities,¡¦
President Cho Suk of Korea Hydro and Nuclear Power Co. (KHNP) (Photo:KHNP) Korea Hydro and Nuclear Power Co. (KHNP) has been strengthening countermeasures against outside cyberspace introducers to prevent a hacking incident similar to the one that took place earlier this year when hackers stole doc¡¦
East-West Power (EWP) President Chang Joo-ok inspects introduction of electricity into the Dangjin Coal-fired Unit 10. (Photos: EWP) East-West Power (EWP) will soon usher in a new era. Dangjin Coal-fired Units 9 and 10, now under construction in Dangjun, Chungcheongnam-do, have finished preparation¡¦
(left) KOMIPO President Choi Pyeong-rak. KOMIPO President Choi waves his company¡¯s flag at a ceremony to embark on the new year at the KOMIPO headquarters.(Photos:KOMIPO) Korea Midland Power Co. (KOMIPO) President Choi Pyeong-rak called for his executives and staff members not to rest on their pas¡¦
Korea Southern Power Co. (KOSPO) President Kim Tae-woo, his executives and staff members gesture to show their determination to stick to anti-corruption and integrity at an event. (Photos:KOSPO) Korea Southern Power Co. (KOSPO) has earned a reputation as a public organization that has integrity, as¡¦
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Economy/Finance
Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group surpassed annual net profit of 5 trillion won in 2024, as its non-banking affiliates led the way in improving performance amid KB Kookmin Bank¡¯s stagnant bu¡¦
Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of 4,571.5 billion won in 2024, an increase of 3.4 percent from the previous year. Shinhan Bank, in particular, is expec¡¦
IBK signs a business agreement with Germany's Commerzbank AG to support small and medium-sized enterprises. Kim Sung-tae, president of IBK poses for a photo with Michael Kotzbauer, vice chairman of Commerzbank AG. (Photo: IBK)IBK announced on March 7¡¦
Joo Hyung-hwan, vice chairman of the National Committee for Low Birthrate and Aging Society poses for a photo with KB Kookmin Bank officials in a work-life balance meeting on Feb. 25. (Photo: KB Kookmin Bank)KB Kookmin Bank is practicing win-win fina¡¦


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