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Biz & Tech

Manufacturing

Fri, September 17, 2021 | 04:13

POSCO, Hyundai Steel team up to recycle seashells

POSCO and Hyundai Steel will jointly recycle seashells as part of efforts to enhance environmentally-friendly manufacturing processes in steel production.

Yi Whan-woo | 2021-09-16 14:49

POSCO receives highest grade in annual index for co-prosperity

POSCO has received the highest grade in an annual evaluation of large businesses based on their efforts to seek joint prosperity with smaller firms.

Yi Whan-woo | 2021-09-15 16:55

LG Chem, US firm join hands to produce bio-plastics

LG Chem has joined hands with Archer Daniels Midland (ADM), a U.S. food processing and commodities trading company, to manufacture bio-plastics from corn, the Korean company announced Tuesday.

Yi Whan-woo | 2021-09-14 16:52

Samsung chief resumes official business after release from prison

Samsung Electronics Vice Chairman Lee Jae-yong started his official business agenda a month after his release from prison. Prime Minister Kim Boo-kyum hosted the youth hope ON project meeting with Lee at the Samsung Software Academy for Youth (SSAFY) Seoul Campus, Tuesday.

Kim Hyun-bin | 2021-09-14 15:59

Hyosung chairman targets US market for future growth

Hyosung Group Chairman Cho Hyun-joon is preparing for the post-COVID-19 world by focusing on the U.S. market for future growth. The chairman recently visited Hyosung Heavy Industries' extra high-voltage plant in Memphis, Tennessee, and Hyosung TNS's U.S. corporate body in Dallas, Texas, the company said Monday.

Kim Hyun-bin | 2021-09-13 16:01

Drastic carbon neutrality drive to hurt Korean firms

Korean companies are crying foul over the government's drastic moves to cut carbon emissions, claiming that these will end up hurting the competitiveness of the country's key manufacturing industries. Protest has been growing since Aug. 31 when Korea became the world's 14th nation to legislate a Carbon Neutrality Act after the National Assembly passed a bill mandating over a ...

Baek Byung-yeul | 2021-09-13 08:28

SK ecoplant expands in Europe via public partnerships

SK ecoplant is expanding its presence in the European construction market through public-private partnerships, collaborative projects between the government and private sector companies. Through these partnerships, large-scale public projects, such as roads, bridges or hospitals, can be financed, built and/or operated with private funding.

2021-09-12 15:04

SK Holdings' board passes agenda item despite opposition from chairman

SK Holdings' board of directors made an unprecedented move, whereby the majority of directors voted in favor of passing an agenda item, despite opposition from SK Group Chairman Chey Tae-won. Some industry watchers believe that the move demonstrates the willingness of the family-owned conglomerate to entrust professional managers with key decisions.

Kim Hyun-bin | 2021-09-10 16:49

LG Chem, Coupang join forces to recycle plastic

Hur Sung-woo, right, executive vice president of LG Chem, poses with Ryan Brown, vice president of Coupang, at the latter's headquarters in Seoul, Thursday, after signing a memorandum of understanding to join hands to recycle plastic waste as part of their efforts to create a sustainable recycling ecosystem. Courtesy of LG Chem

Baek Byung-yeul | 2021-09-09 16:38

Genome & Company acquires US-based List Labs for $27 million

Genome & Company, Korea's leading microbiome anti-cancer drug developer, is set to expand its business scope to the contract development and manufacturing organization (CDMO) business by acquiring a 60-percent stake in the U.S.-based microbiome CDMO business company, List Labs, for $27 million. The Korean biotech company said Wednesday that it aims to become a leader in both ...

Baek Byung-yeul | 2021-09-08 16:30

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