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Senior officials with Korea Power Exchange (KPX) participate in a workshop on public entities’ roles and how to promote management innovation to comply with the new government’s state tasks at KPX Educational Institute on Aug. 1. (Photo: KPX)Korea Power Exchange (KPX) hosted a workshop on public e…
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Minister of Trade, Industry and Energy Lee Chang-yang, Seoul Mayor Oh Se-hoon and President Kim Ho-bin of Korea Midland Power (KOMIPO) pose at they participated in a ceremony to declare collaboration in energy efficiency innovation at Seoul Lotte Hotel on July 20, in which the power company signed a…
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GS Caltex President Hur Sae-hong and LG Chem Vice Chairman Shin Hak-cheol pose as they attended a ground-breaking ceremony for a verification plant to produce 3-Hydroxypropionic acid (3HP) at GS Caltex’s plant in Yeosu on July 28. (Photos: GS Caltex)GS Caltex has teamed up with LG Chem to build a w…
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S-Oil chalked up its best-ever business performance in the second quarter of this year. The achievement is owed to greater refining margins, influenced by insufficient supply, caused by Russia’s invasion of Ukraine. S-Oil predicts that refining margins will maintain a strong trend on the …
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A whole view of Jeongjo The Great. Hyundai Heavy Industries (HHI) held a ceremony to launch Jeongjo The Great, the lead ship of the KDX-III AEGIS destroyer project for the Navy, which was launched at HHI headquarters in Ulsan on July 28. Hyundai Heavy Industries (HHI) held a ceremony to launch …
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2nd MOTIE Vice Minister Park Il-joon speaks at a debate on a R&D roadmap for treating high-level radwaste at The K-Hotel in Yangjae-dong, Seoul, on July 20. (Photo: MOTIE)The government released an R&D roadmap to secure intermediate storage and deep geological disposal facilities by 2043 and…
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Vice Chairman Jang Se-wook of Dongkuk Steel presents a plague of appreciation to a long-serving female employee at a ceremony to mark the 68th anniversary on July 6. (Photos: Dongkuk Steel)While delivering his commemorative speech at a ceremony to mark the 68th anniversary at Ferrum Tower in Jung-gu…
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Korea Electric Power Corp. (KEPCO) and the Ministry of Trade, Industry and Energy (MOTIE) have decided to raise electricity rates by 5 won per kWh from July. The raise is insufficient to ease snowballing losses KEPCO has sustained, so the government is considering additional electricity rate hi…
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Kim Yoon-suk, head of the Digital Solution Office at Korea Midland Power Co. (KOMIPO), Lee Jung-min, chief of the Industry Growth Headquarters at the Growth Support Center of Korea Meteorological Institute (KMI), and Choi Cheol-ho, PM of 60Hertz pose while attending a ceremony to launch a project to…
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President Huh Se-hong of GS Caltex. GS Caltex plans to build digital platform environment in cooperation with Microsoft to achieve deep transformation in changing of working.GS Caltex said on June 16 the company established foundation for digital platform environment by introducing the Microsof…
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Chairman Kim Ki-moon of Korea Federation of Small and Medium Business (KBIZ) poses with President & CEO Mohammad Ali Rashed Lootah of Dubai Chambers after they discussed ways of promoting exchanges and cooperation at Dubai Chambers on Feb. 7. (Ph…
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Amorepacific Group logged 4,259.9 billion won in sales and 249.3 billion won in operating profit last year. The figures represent a 5.9 percent year-on-year rise and a 64 percent year-on-year jump compared to 2023. The high growth rate of t…
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A view of the redesigned Genesis GV60 whose sale was launched in Korea on March 6. (Photo: Hyundai Motor)Sales of the redesigned Genesis GV60 in Korea started on March 6, showcasing more power and state-of-the-art luxury features.It’s the first time…
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A view of “Bibigo Yugjeubgadeug Mandu,” stuffed with chunks of meat and vegetables, and products of the instant rice brand “Hetbahn Sotbahn,” released by CJ Cheiljedang. (Photos: CJ Cheiljedang)CJ Cheiljedang released “Bibigo Yugjeubgadeug Mandu…
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