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Asia

The Korea Times

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Companies

Tue, May 30, 2023 | 20:48

POSCO International enters battery materials business

POSCO International enters battery materials business

POSCO International has entered the secondary battery materials business in support of its parent firm's effort to specialize in eco-friendly materials, a company official said Monday. The trading firm signed a long-term supply contract with FARU Graphite in Tanzania, a subsidiary of Australian mining company Black Rock Mining, to receive 750,000 tons of natural graphite over...

Kim Jae-heun | 2023-05-29 17:01

Daewoo E&C strengthens ESG management

Daewoo E&C strengthens ESG management

Daewoo Engineering & Construction (E&C) is accelerating its environmental, social and corporate governance (ESG) management plan in line with parent company Jungheung Group's ESG policy, the company said Monday.

Kim Jae-heun | 2023-05-29 17:01

SK Broadband tops customer satisfaction index for 13th straight year

SK Broadband tops customer satisfaction index for 13th straight year

SK Broadband, an internet service and internet protocol TV (IPTV) provider, has topped the National Customer Satisfaction Index (NCSI) for the 13th consecutive year by providing enhanced services, the company said Monday.

2023-05-29 16:54

Korea walks fine line between US, China in chip war

Korea walks fine line between US, China in chip war

Korea took a cautious stance once again between the U.S. and China during a series of trade ministerial meetings in Detroit last weekend, in an apparent attempt to avoid provoking either country amid the intensifying chip war between the world's two largest economies.

Park Jae-hyuk | 2023-05-28 16:18

Hyundai Steel receives EPD certification for low-carbon H-beam products

Hyundai Steel receives EPD certification for low-carbon H-beam products

Hyundai Steel has received an environmental product declaration (EPD) certification from the Ministry of Environment, becoming the first company in the domestic steel industry to get the certification for its low-carbon H-beam. This certification adds to Hyundai Steel's existing portfolio of 13 EPD-certified products. The EPD certification is given to products that demonstrat...

Kim Hyun-bin | 2023-05-28 16:07

Labor unions seek to attract migrant workers at shipyards

Labor unions seek to attract migrant workers at shipyards

The Korean Confederation of Trade Unions (KCTU) has accelerated its efforts to attract migrant workers at local shipyards, a pressing issue for Korean shipbuilders and their subcontractors, which have suffered from labor shortages as global demand for vessels picks up, according to industry officials, Sunday.

Park Jae-hyuk | 2023-05-28 14:31

POSCO named sustainability champion for 2nd consecutive year

POSCO named sustainability champion for 2nd consecutive year

POSCO, the country's leading steel company, has been recognized as a Steel Sustainability Champion at the World Steel Association's semi-annual member meeting held in Vienna, Austria, on April 18 (local time).

Kim Hyun-bin | 2023-05-28 14:22

5th Korean-German Energy Day

5th Korean-German Energy Day

Korean-German Chamber of Commerce and Industry (KGCCI) President & CEO Martin Henkelmann, fifth from right, poses with key company and government officials during the 5th Korean-German Energy Day in Busan, Friday. From left are Siemens Energy Korea & Siemens Gamesa Renewable Energ...

Kim Hyun-bin | 2023-05-28 14:22

Chinese carmakers challenge Hyundai Motor, Kia in global markets

Chinese carmakers challenge Hyundai Motor, Kia in global markets

Chinese cars, previously considered cheap knockoffs, have gained recognition for their price competitiveness and performance, including electric vehicles (EVs), despite the U.S. implementing the Inflation Reduction Act (IRA) to reduce Chinese competition, according to Industry officials here.

Kim Hyun-bin | 2023-05-27 08:44

CJ, Shinsegae study temple food to expand vegan lineup

CJ, Shinsegae study temple food to expand vegan lineup

CJ, Shinsegae and other food companies are rushing to study a variety of vegetable-based dishes served at Buddhist temples across the country to develop a series of vegan products amid the growing popularity of vegetarianism and plant-based food diets, according to company officials, Friday.

Kim Jae-heun | 2023-05-27 08:41

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