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These are the types of the offshore oil drilling and floating storage facilities involved in the project that Hyundai Heavy Industries clinched recently from Total Oil of France for $2 billion. Hyundai Heavy Industrial Co. clinched a marine plant construction project worth $2 billion …
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Hyundai Oilbank holds a dedication ceremony for its second BTX plant in the Daesan Oil Refinery Complex in Daesan, South Chungcheong Province on April 3 with top executives including President Kwon Oh-gap, and Chairman Kimura Aichi of Cosmo Oil of Japan, the joint-venture pa…
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A crew member at “TIRE PRO,”Kumho Tire’s service dealership, talks with a customer. Kumho Tire has introduced a mileage warranty in the interests of consumers for the first time in Korea.
Under the warranty, which went into effect on April 1, if drivers wear their tires down to the wear lim…
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Vice Minister for Industry and Technology Kim Jae-hong, TorayIndustries President Akihiro Nikkaku, and Toray Advanced Materials Korea Chairman Lee young-kwan (unseen) participate in a ceremony to complete its first plant capable of mass-producing high-performance carbon fiber and simu…
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A group of GS Caltex officials and staff pose for a photo session after participating in the oil refiner’s “Healing for Children Program,” as part of the social service activities.Vice Chairman Huh Jin-soo of GS Caltex, who recently took over the helm of the oil refiner, has been making outi…
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Lotte Chemical President Huh Soo-young (front row, 4th from left),; Nobuyuki Takahashi, president of Ube Industries, (front row, 3rd from left),; and Takahisa Miyauchi, Mitsubishi Group CEO, Chemicals Group, participate in a ceremony to agree on the establishment of a polybutadiene ru…
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Yoon Boo-keun, president of Samsung Electronics CE Division/Home Appliance Business, attends a session for new products at the Seocho-dong headquarters in Seoul on Feb. 21.Samsung Electronics has released its full 9000 series lineup with the goal of rising to the global No.1 position in th…
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A view of the Ulsan Oil Refinery Complex of SK Energy in Ulsan, South Gyeongsang Province.SK Innovation Co. exported more than 100 million barrels of refined oil last year for the first time through its affiliate SK Energy, the company said recently.Refined oil products account for most of the expor…
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An aerial view of the Shin Kori nuclear units 1 & 2. Countries operating nuclear power units have been scurrying for stepping up their safety in the wake of the Fukushima Daiichi nuclear disaster that took place in March 2011. Korea Hydro and Nuclear Power Co. (KHNP), which operates 23 nucl…
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Hanjin Shipping Co. will try to crack the East African sea routes this year to turn the company’ s operation to end in black ink, President Kim Young-min said recently. The CEO at a media briefing on March 17, said this year looks good for shipping as shipping charges for containers may …
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A view of LG Chem’s Pavilion at K 2025, the world’s premier trade fair for plastics and rubber, which took place from Oct. 8 to Oct. 15 in Düsseldorf, Germany. (Photo: LG Chem)LG Chem announced on Sept. 29 that it has completed the development…
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POSCO INTERNATIONAL CEO Lee Kye-In, Opole Province Governor Monika Jurek, and South Korean Ambassador to Poland Tae attend a ceremony to dedicate a drive motor core plant in Brzeg, Opole Province, Poland on Oct. 1. (Photo: POSCO INTERNATIONAL)POSCO I…
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Samsung Electronics Chmn. Lee Jae-yong shakes hands with Open AI CEO Sam Altman at Samsung Electronics Building in Seocho-dong, Seoul, after signing an LOI to build key infrastructure for global AI on Oct. 1. (Photo: Samsung Electronics)Samsung Elect…
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LS Group Chmn. Koo Ja-eun listens to a presentation as a mentor at the new business idea category while attending the LS Future Day that took place at LS Tower in Anyang, Gyeonggi-do, on Sept. 26.LS Group is making waves in foreign markets amid globa…
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