SEOUL, July 27 (Korea Bizwire) — Lotte Chemical Corp., a unit of South Korean retail giant Lotte Group, said Wednesday it is building its first cathode foil production facility in the United States, as it pushes to bolster its battery components business. Lotte Chemical and Lotte Aluminum, another Lotte affiliate, will invest US$254 million in [...]
SEOUL, July 25 (Korea Bizwire) — It’s common practice for some K-pop fans to mass-purchase K-pop albums but throw most away after removing only photo cards or invitation cards for fan meetings. Since they throw the CDs away, the excess copies end up becoming plastic waste. The number of K-pop CD albums sold in the [...]
SEOUL, July 22 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical maker, is making forays into the sustainable materials market through the export of its first bio-based phenol and acetone. The company announced on Thursday that it will export its first phenol and acetone products made of biomaterials such as waste vegetable oil. [...]