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Chairman Cho Young-tak of Korea Power Exchange (KPX). (Photo: KPX)All coal-fired power plants, 30 years in operation, are to be dismantled and replaced with LNG-fired ones, and nuclear power units are to be scaled down, new/renewal energy sources are to be expanded to accelerate the government’s en…
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EWP President Park Il-joon and Donghae Mayor Shim Gyy-eon pose after they signed an MOU to supply heat from fuel cell power plants to public entity facilities.EWP will be first Korean company to supply heat from fuel cell power plants to public entity facilities. EWP signed an MOU with Donghae City,…
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Yang Su-yeong, president of KNOC, inspects the moves of stockpiled oil at the Pyeongtaek Base. The Korea National Oil Corporation (KNOC) announced in April that it will purchase 490,000 barrels of crude oil and 150,000 barrels of diesel oil this year with a budget of 31.4 billion won.According to th…
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President Chae Hee-bong of Korea Gas Corp. (KOGAS) Korea Gas Corp. (KOGAS) is putting out all the stops to brace for the launch of an era led by the hydrogen economy. KOGAS is doing its best to make the nation a hydrogen industry leader. The government has selected hydrogen as one of the nation’s t…
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President Hwang Chang-hwa of Korea District Heating Corp. (Photos: KDHC)Korea District Heating Corp. (KDHC) is in emergency management mode to cope with the economic fallout caused by the novel coronavirus.KDHC said on April 20 that the company was entering full-fledged emergency management mode fol…
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Chairman and President Chung Yang-ho of Korea Evaluation Institute of Industrial Technology (KEIT).Korea Evaluation Institute of Industrial Technology (KEIT) said on May 16 that the Ministry of Trade, Industry and Energy (MOTIE) instituted special directions to support SMEs and “superstars,” which…
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A view of loading undersea cables produced by LS Cable & Systems.LS Cable & System (LS C&S) has secured growth foothold by landing the largest-ever order from the European electric cable market. LS C&S has signed two contracts with TenneT, the Dutch electricity transmission system op…
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Dongkuk Steel Vice Chairman Jang Sae-wook.Dongkuk Steel chalked up 56.2 billion won in operating profit in the first quarter of this year on a consolidated basis, becoming a profitable when compared to the previous quarter. The figure represents a 16.3 percent surge over the same period a year ago. …
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DX520LC-9C, a hot-seller excavator produced by Doosan Infracore. (Photo: Doosan Infracore)Doosan Infracore has enjoyed a winning streak in China by getting orders for large-sized excavators, as the Chinese construction machinery market has begun to show positive signs of recovery. Doosan Infracore s…
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POSCO Chemical’s anode material plant in Sejong City. (Photo: POSCO Chemical)EV batteries have the potential to be an economic engine every bit as important for the nation’s economy as semiconductors. One day EV batteries may even replace the seconders for industrial prominence, Korea’s mainstay …
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대한항공이 아시아나항공과의 기업결합을 위해 EU 경쟁당국이 제시한 조건부 승인의 선행 조건을 모두 충족시켰다.EU 경쟁당국(European Commission·EC)은 현지시간 11월 28일(목) 대한항공과 아시아나항공의 결합을 위한 선결 요건이 모두 ‘충족’돼 심사를 종결한다…
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▲ 현대모비스 이규석 사장이 11월 19일 여의도 페어몬트 호텔에서 열린 ‘2024 CEO 인베스터 데이’ 발표자로 나서 사업 방향성과 전략을 발표하고 있다. 현대모비스가 글로벌 선도기술 경쟁력을 바탕으로 수익성 중심 사업체질 개선에 나선다. 이를 통해 20…
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현대자동차그룹은 영국 유력 자동차 전문 매체 탑기어(Top Gear)가 주관하는 ‘2024 탑기어 어워즈(2024 TopGear.com Awards)’에서 현대자동차 싼타페가 ‘올해의 SUV(SUV of the Year)’에 기아 EV3가 ‘올해의 크로스오버(Crossover of the Year)’에 각각 오르며 4…
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㈜한화는 10월 25일 수확기를 맞이한 농가를 방문해 ‘임직원과 함께하는 농촌 일손돕기 봉사활동’을 실시했다.㈜한화와 농협중앙회가 협업한 이번 봉사활동은 인구감소와 고령화로 어려움을 겪고 있는 농촌 지역을 지원하기 위해 마련됐다. ㈜한화 임직원 총 30여명은…
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