Business
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Kumho Petrochemical ties up with France's Technip Energies to introduce polystyrene waste pyrolysis technology
SEOUL -- Kumho Petrochemical, a chemical company in South Korea, tied up with Technip Energies, a French engineering and technology company, to introduce polystyrene waste pyrolysis technology and build a factory for the commercial production of recycled polystyrene in 2026. Polystyrene is a synthetic polymer used for protective packaging, containers, lids, bottles, trays, tumblers, and disposable cutlery. Recycled polystyrene, known as recycled styrene monomer (RSM), can be reconve
November 22, 2022 -
LG Chem to build largest cathode material plant in U.S. to meet demands for EV batteries
SEOUL -- In a bid to meet growing global demands for cathodes, a key part of high-performance batteries used in electric vehicles, LG Chem, the chemical unit of South Korea's LG Group, will build a big cathode plant with an annual capacity of 120,000 tons in Tennessee with an injection of more than three billion dollars. It would be the biggest cathode plant in the United States. A cathode is an electrode used in batteries along with anodes to help the conduction of electrici
November 22, 2022 -
LG Display develops 'invisible' thin and light speaker with film-type vibration generator
SEOUL -- LG Display, a major flat panel maker affiliated with South Korea's LG Group, has developed a thin and light speaker capable of implementing high-quality sound. When applied to cars, speakers can not be seen in the eyes of passengers, increasing the degree of freedom in interior design, and dramatically reducing the space occupied by conventional speakers to use boarding space more widely. LG Display said its "Thin Actuator Sound" solution would be commercial
November 21, 2022 -
Kia to verify vehicle-to-vehicle charging technology for electric vehicles
SEOUL -- Kia, affiliated with South Korea's Hyundai auto group, joined forces with domestic electric vehicle (EV) charging service provider TBU to verify vehicle-to-vehicle (V2V) charging technology that enables a driver charge an EV's battery by connecting to another EV using a cable. The technique can be used for the development of mobile EV charging services. The EV charging platform startup company was approved by South Korea's industry ministry to launch a mobile
November 21, 2022 -
Doosan Fuel Cell ties up with China's ZKRG to establish hydrogen fuel cell joint venture
SEOUL -- Doosan Fuel Cell, the clean energy wing of South Korea's Doosan Group, tied up with its Chinese partner, ZKRG Smart Energy Technology, to export 105-megawatt hydrogen fuel cells for power generation by establishing a joint venture. 50MW will be exported in the form of finished products by 2024 and 55MW in the form of parts by 2026. Doosan Fuel Cell and ZKRG will cooperate in marketing and discovering business opportunities in China. In September 2021, ZKRG supplied Doos
November 21, 2022 -
Amore collaborates with popular rappers to attract young male consumers
SEOUL -- Targeting a growing male cosmetics market, South Korea's leading beauty product maker Amore Pacific has collaborated with popular rappers to launch a campaign that encourages young male consumers to express themselves using various beauty products. Old generations watch young men using foundation products and BB creams with curious eyes, some seeing MZ generations as unmanly, but more young men adorn themselves. CJ Olive Young, the operator of South Korea's largest
November 21, 2022 -
[INTERVIEW] Aqualex aims to expand overseas sales with functional dermacosmetics
SEOUL -- The utilization of organic components in dermacosmetics with high-quality and efficient skin remedies is projected to create new commercial opportunities. With functional dermacosmetic products containing harmless natural ingredients, Aqualex, a beauty product company in South Korea, aims to actively expand overseas sales, especially in Southeast Asia and the United States, citing a growing demand for dermacosmetics. "There is a growing demand for Korean cosmetics in
November 18, 2022 -
Kolon Global to build smart farm infrastructure capable of growing strawberries in Saudi Arabia
SEOUL -- Kolon Global, a construction engineering company affiliated with South Korea's Kolon Group, will create smart farm infrastructure for strawberries in Saudi Arabia. Most strawberries in the middle eastern country are imported from foreign countries as cultivating strawberries is difficult due to the lack of agricultural land and water. A smart farm is an automated indoor farm created by combining information and communication technology (ICT) with agriculture. Because
November 17, 2022 -
Hyundai Mobis unveils new technology to choose in-vehicle screen menu with gestures
SEOUL -- A new technology developed by Hyundai Mobis, the parts-making wing of South Korea's Hyundai auto group, allows users to choose the menu they want with just gestures and choose it with one touch. The frequently used menu pops up in the direction of users just by touching their hands close to the vehicle display while driving. The use of vehicle infotainment (IVI) systems will become more convenient by minimizing the driver's movements, preventing visual dispersion,
November 17, 2022 -
S-Oil discloses $7.0 billion investment for steam cracker and other facilities with Salman's blessing
SEOUL -- With the blessing of Saudi Crown Prince Mohammed bin Salman, S-Oil, a petroleum and refinery company controlled by Aramco, unveiled a new investment of $7.0 billion to upgrade new facilities and build a giant steam cracker that produces ethylene from naphtha and off-gas. This marked Aramco's most prominent investment in South Korea. S-Oil said in a regulatory filing on November 17 that the new investment was endorsed for a second-stage petrochemical expansion project
November 17, 2022
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Top security officials of South Korea, US, Japan discuss NK troop deployment to Russia
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Veteran actress Kim Soo-mi dies at 75
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VISUALS: Extreme sports festival kicks off at Gwanghwamun
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South Korea, U.S. defense chiefs to hold talks in Washington
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North Korean troops in Russia are Moscow's 'business,' Putin says
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LG Electronics heat pump to win innovation award at US expo
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PHOTOS: Korea observes Dokdo Day
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Hyundai Mobis posts 31.6% jump in Q3 operating profit
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Old movies make comeback to theaters with nostalgic appeal
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Cyclonic storm makes landfall on eastern Indian coast