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President Ahn Dong-il of Hyundai Steel. (Photos: Hyundai Steel)Hyundai Steel President Ahn Dong-il stressed the importance of strengthening competitiveness in eco-friendly cars such as EVs.In his New Year’s message sent to his executives and staffers on Jan. 3, President Ahn said, “This year will …
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S-OIL President Ryu Yeol of Corporate Strategy & Service listens to explanations by S-OIL’s direct investment startups while touring S-OIL’s pavilion at CES 2023 at Las Vegas, the United States, on Jan. 5.S-OIL President Ryu Yeol of Corporate Strategy & Service attended CES 2023, held at L…
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Toray Advanced Materials Korea (TAK) announced a plan to implement a project to expand its PPS plant in Gunsan with an additional annual capacity of 5,000 tons by the end of 2024 on Feb. 2. A view of TAK’s plant in Gunsan, Jeollabuk-do. Chairman Lee Young-kwan of Toray Advanced Materials Korea…
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Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy (MOTIE). (Photo: MOTIE)The President Yoon Suk-yeol government, finding not easy to secure high-voltage direct circuit (HVDC) transmission lines along the East Coast, is expected to adopt a policy of expanding large-sized energy st…
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President Lee Seung-woo of Korea Southern Power Co.(KOSPO) gives his New Year’s message at a ceremony to kick off the 2023 business year at KOSPO headquarters in Busan on Jan. 2.In his New Year’s message, President Lee Seung-woo of Korea Southern Power Co. (KOSPO) said, “In the New Year, we still…
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A view of KEPCO headquarters in Naju, Jeollanam-do. (Photo: KEPCO)Korea Electric Power Corp. (KEPCO) is predicted to sustain around 30 trillion won in cumulative losses in 2022, but KEPCO has shored up its financial structure worth about 400 billion won through the sale of assets for the past six mo…
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A view of Korea South-East Power Co. headquarters in Jinju, Gyeongsangnam-do.President Kim Hoe-chun of Korea South-East Power Co. (KOEN) (Photos: KOEN)Korea South-East Power Co. (KOEN) has been building a new business model in the owners engineering (OE) sector of independent power plants. OE refers…
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KPX Chairman Jung Dong-hee, and Labor and management representatives from Korea Power Exchange (KPX) pose after purchasing items from a shop in a traditional market, which were donated to help marginalized neighbors. Korea Power Exchange (KPX) said on Dec. 23 that the peak power demand had reac…
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A view of HD Hyundai 50th anniversary at the Global R&D Center in Pangyo, Gyeonggi-do, on Dec. 26. (Photos: HD Hyundai)Hyundai Heavy Industries Group, marking the 50th anniversary, has made a fresh start with its new name, HD Hyundai. The business group designated the new name and held a ce…
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President Kang Dal-ho of Hyundai Oilbank. (Photos: Hyundai Oilbank)Hyundai Oilbank has continued to conduct activities to promote regional shared growth at the Daesan area in Seosan City, the location of Hyundai Oilbank headquarters. Hyundai Oilbank has implemented a project to secure a market …
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Notables, including Prime Minister Kim Min-seok, Chmn. Han Seung-gu of the Federation of Construction Associations (FCA), Vice Minister Kim Yi-tak of the Ministry of Land, Infrastructure and Transport, and Chmn. Maeng Seong-gyu of the National Assemb…
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President Oh Se-chul of Samsung C&T Engineering & Construction Group attends a signing ceremony for Samsung C&T’s Marinus Link HVDC project in Australia.Samsung C&T Engineering & Construction (E&C) Group has secured a 470 bil…
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POSCO E&C President Song Chi-young. (Photos: POSCO E&C)POSCO E&C has successfully verified a remotely controlled excavator for the first time in Korea, further advancing unmanned construction sites and smart construction transformation.&n…
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Chairman Jung Won-ju of Daewoo E&C delivers a commemorative speech at a groundbreaking ceremony for the Jangseong Fine Datacenter at the publicity pavilion at the Gwangju Research Development Special Zone in Nam-myeon, Jangseong-gun, Jeollanam-do…
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