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SK Group celebrated 60 years on April 8 since its late founder Chey Jong-gun started the Sunkyung Textile Co. in April 1953 when he was just 28 years old and barely three months before the end of the Korean War. The anniversary ceremony took place at SK Academy in Yongin, Gyeonggi Province, led by …
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 …
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…
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…
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…
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…
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…
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…
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…
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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Policy/Politics
Minister Hwang Jong-woo of the Ministry of Oceans and Fisheries (MOF), Vice Mayor Hwang Ki-yeon of Jeonnam-Gwangju Special Metropolitan City, and Gwangyang Mayor Park Sung-hyun and President Choi Kwan-ho of Yeosu Gwangyang Port Authority participate …
On Aug. 29, the government’s KDRT boards a helicopter for a search operation at a helipad of Kathmandu Airport, Nepal. (Photo: Ministry of Foreign Affairs)At 8:37 AM on Aug. 26, 2026, a massive glacier collapse occurred near the border between Nepal…
KBIZ Standing Vice Chmn. Oh Ki-ung, ISPF Chmn. Ahn Kyung-duk and President Lee Byung-hee of Korea Labor Research Institute pose for a photo as they attended a policy debate on eliminating of industry safety gap among large-sized companies and SMEs at…
President Byeon Jae-young of Ulsan Port Authority (UPA) signs a tripartite MOU with Royal Wagenborg and Korea Overseas Business Corp. to invigorate arctic shipping routes at BPA president’s office on Aug. 4.Ulsan Port Authority (UPA) said on Aug. 20…


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