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CEO Anwar A. Al-Hejazi of S-OIL. (Photo: S-OIL)S-OIL saw its Q3 operating profit improve noticeably on the back of a greater refining margin and rising international crude oil prices. S-OIL chalked up 8,999.6 billion won in sales and 858.9 billion won in operating profit in the 3rd quarter of t…
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President Joo Young-min of HD Hyundai Oilbank and Chairman Seung Beom-soo of Korindo Group pose after they struck a deal with to purchase 40,000 tons of palm fatty acid distillates at Koringdo headquarters in Indonesia on Oct. 31. (Photos: HD Hyundai Oilbank)HD Hyundai Oilbank is hitting the gas to …
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President Park Hyung-duck of Korea Western Power (KOWEPO) and other KOWEPO executives gesture at a ceremony to declare the “D-100 Safety Campaign” designed to uproot serious industrial disasters, at KOWEPO headquarters in Taean, Chungcheongnam-do, on Sep. 25. (Photos: KOWEPO)Korea Western Power (K…
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President Kim Ho-bin of Korea Midland Power Co. (KOMIPO) poses with Suh Woo-duck, deputy general manager with Boryeong Power Complex at a ceremony to declare KOMIPO’s top 50 innovation tasks at KOMIPO headquarters in Boryeong, Chungcheongnam-do, on Oct. 23. (Photos: KOMIPO)Korea Midland Power Co. (…
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President Joo Young-min of HD Hyundai Oilbank.HD Hyundai Oilbank is aiming to make a shift into an eco-friendly energy platform to bolster sustainable growth. The refinery company is expanding and transitioning eco-friendly future businesses based on experiences and facilities the company has a…
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A whole of the fourth underseas line of LS Cable & System’s Donghae Plant and vertical continuous vulcanization(VCV) tower. The vertical continuous vulcanization (VCV) tower of LS Cable & System’s plant in Donghae, Gangwon-do, is a super high-rise facility adjoining the East Sea, whic…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL published the 2022 ESG Report, which outlined the company’s financial values through corporate management in addition to non-financial values, including those related to the environment, social issues and governance. S-OIL has issued a sust…
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Representatives of Korea Gas Safety Corp. and 10 institutions attend a ceremony to sign a multilateral MOU to prevent social costs, caused by safety accidents, such as gas, power and telecom facility damage, incurred by construction machines at SKT Tower in Eulji-ro, Seoul, on Sept. 13. (Photo:…
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President Kang Goo-young of Korea Aerospace Industries (KAI) delivers his commemorative speech at a ground-breaking ceremony for a rotary wing flight center in the Gasan Industrial Complex in Jinju, Gyeongsangnam-do, on Aug. 31. (Photo: KAI) Korea Aerospace Industries (KAI) held a groundbreakin…
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Korea Electric Power Corp. elected Kim Dong-cheol, a ex-lawmaker, as KEPCO’s 22th president at an extraordinary shareholders’ meeting on Sept. 18.Korea Electric Power Corp. (KEPCO) signed a 38.15 million contract to construct distribution substations in Dominica Republic on Aug. 1. The EPC pr…
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LG Chem CEO and Vice Chmn. Shin Hak-cheol and Sinopec Chmn. Hou Qijun applaud as both sides signed a deal to jointly develop core materials of the sodium-ion battery at LG Twin Tower in Yeouido, Seoul, Oct. 30. (Photo: LG Chem)LG Chem is joining forc…
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Chairman & CEO Choi Jin-shik of the Federation of Middle Market Enterprises of Korea (FOMEK), Minister for Trade Yeo Han-koo and Malaysian Amb. to Korea Dato' Mohd Zamruni bin Khalid pose with other attendees at speaking at “2025 MME Internation…
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Vice Chairman & CEO Kim Jung-soo of Samyang Foods. (Photos: Samyang Foods)Samyang Foods, once a Korean ramen pioneer and legend, is making a splash in the global ramen market with Buldak Ramen, a spicy ramen brand. Buldak Ramen has establish…
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Dignitaries, including Chmn. Shin Dong-bin of Lotte Group and Indonesian President Prabowo Subianto, applaud as they participated in a ceremony to dedicate a petrochemical plant, dubbed “Lotte Chemical New Ethylene (LINE),” in Cilegon on the island…
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