SEOUL, Sept. 5 (Korea Bizwire) — South Korean energy-to-telecom conglomerate SK Group said Monday it is partnering with a Malaysian clean energy company to explore collaboration in hydrogen, renewable energy and green mobility, as part of efforts to bolster its green energy transition. Its three affiliates — SK Materials Inc., SK Ecoplant Co. and SK [...]
SEOUL, Sept. 1 (Korea Bizwire) — POSCO Holdings Co., the largest steelmaker in South Korea, said Thursday it has signed a memorandum of understanding with India’s Greenko to produce so-called green hydrogen. Under the deal, the two will launch a project to produce green hydrogen and ammonia in India by using renewable energy. The two [...]
SEOUL, Aug. 31 (Korea Bizwire) — Doosan Enerbility Co., a heavy industry affiliate of Doosan Group, said Tuesday it had joined hands with a group of local subcontractors to strengthen its competitiveness in the production of casks, containers used for the transportation and storage of spent nuclear fuel. A day ago, the company signed a [...]
SEOUL, Aug. 29 (Korea Bizwire) — South Korean battery maker LG Energy Solution Ltd. (LGES) said Monday it is joining hands with Japan’s Honda Motor Co. to build an electric vehicle battery plant in the United States in the latest move to increase its production capacity amid growing demand for zero-emission vehicles. The two companies [...]
SEOUL, Aug. 26 (Korea Bizwire) — South Korean battery maker Samsung SDI Co. said Friday its management has met with a group of government officials from the U.S. state of Indiana in Seoul and discussed the ongoing battery joint venture with Stellantis N.V. Choi Yoon-ho, CEO of Samsung SDI, met with Indiana Gov. Eric Holcomb [...]
SEOUL, Aug. 26 (Korea Bizwire) — BGF Retail Co., the operator of CU convenience stores, said Thursday it had formed a business agreement with MOBINN, an in-house startup of Hyundai Motor Co., to launch a robot delivery pilot service. After establishing a last-mile business consultative body, the two companies are expected to launch the convenience [...]
SEOUL, Aug. 1 (Korea Bizwire) — SK Geocentric Co., a chemical unit of South Korea’s SK Group, said Monday the construction began for the joint factory with Japan’s Tokuyama Corp. to produce a high-purity cleaning agent for semiconductors. SK Geocentric CEO Na Kyung-soo, Hiroshi Yokota, president of Tokuyama, and other officials attended the groundbreaking ceremony [...]
SEOUL, July 28 (Korea Bizwire) — Samsung Electronics Co. and LG Display Co. have aborted their negotiations over the supply of OLED panels for televisions. Kim Sung-hyun, senior vice president and CFO at LG Display, said during a conference call on Wednesday that the negotiations over OLED panel supply to Samsung Electronics had come to [...]
SEOUL, July 27 (Korea Bizwire) – Daesang Life Science, a South Korean manufacturer of health functional foods, said Wednesday it has inked a letter of intent with China Sinopharm International to set up a joint venture in a bid to make forays into the Chinese market. The two companies plan to build a factory in [...]
SEOUL, July 22 (Korea Bizwire) — South Korean battery maker SK On Co. said Friday it has partnered with Ford Motor Co. and a domestic cathode firm to jointly invest in a cathode materials production facility in the United States. SK On said it it has recently signed a letter of intent with Ford and [...]