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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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Prime Minister Han Duck-soo convened a meeting of the Regulatory Reform Committee at the Seoul Government Complex on Nov. 25, which approved the introduction of a cap in the system marginal price (SMP) with which Korea Electric Power Corp. (KEPCO) purchases electricity from power generation companie…
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Notables, including Minister Lee Chang-yang of the Ministry of Trade, Industry and Energy (MOTIE), participate in a ceremony to dedicate Shin Hanul Unit 1 at the site of Shin Hanul Nuclear Power Plant on Dec. 14. (Photo: MOTIE)In his speech at a ceremony to dedicate Shin Hanul Nuclear Power Unit 1 a…
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Samil Chmn. Roh Hee-chan. (Photos: Samil)Samil, a Korean yarn spinning leader established in 1979, has been ramping up its competitiveness in the global market through continuous technology innovation and product portfolio diversification. Samil…
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Hanwha Aerospace, Hanwha Systems and Hanwha Ocean participate in World Defense Show (WDS) 2026, held in Riyadh from Feb. 8 to 12, to showcase AI-based future integrated weapon systems.In his New Year’s message on Jan. 2, Chmn. Kim Seung-youn of Hanw…
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Chungjungone of Daesang Corp. has released 2026 Lunar New Year Gift Sets, encompassing health, cost effectiveness and eco-friendly values for the occasion of the Lunar New Year holiday. (Photos: Daesang)Chungjungone of Daesang Corp. said on Jan. 6 th…
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Chairman Lee Jae-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics surpassed the milestone of exceeded 20 trillion won in the fourth quarter, the best-ever quarterly figure. It represents a new record for Korean companies.&…
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