SEOUL, March 27 (Korea Bizwire) — Hyundai Glovis Co. said Monday it has signed a memorandum of understanding (MOU) with GS Energy Corp. for a collaboration in the production and delivery of ammonia and hydrogen as it accelerates its clean energy drive. Under the MOU, Hyundai Glovis will take charge of the marine transportation of [...]
SEOUL, Oct. 7 (Korea Bizwire) — POSCO Holdings Co., the largest steelmaker in South Korea, announced on Thursday that it had established a battery recycling joint venture with GS Energy Corp., an energy unit of GS Group. Both entities have engaged in talks since September last year on how to promote cooperation in their core [...]
SEOUL, Nov. 17 (Korea Bizwire) — GS Energy Corp., an energy unit of South Korean conglomerate GS Group, has secured a deal to annually bring in about 200,000 tons of blue ammonia from the United Arab Emirates (UAE) from 2025, according to the company. GS Energy announced Tuesday it has joined a project led by [...]
SEOUL, March 22 (Korea Bizwire) — GS Energy Corp., an energy unit of South Korean conglomerate GS Group, said Monday it will build and operate a power plant fired by liquefied natural gas (LNG) in Vietnam. GS Energy said it will build a 3 gigawatt LNG-fired power plant in southern Vietnam in a deal estimated [...]
SEOUL, Jul. 15 (Korea Bizwire) — Lotte Chemical Corp., a major chemical unit under Lotte Group, said Monday it will establish a petrochemical joint venture with GS Energy Co., an energy-specialized holding company of GS Group. Lotte Chemical and GS Energy signed an agreement to form a joint venture, tentatively named Lotte-GS Chemical Company, this [...]
SEOUL, Nov. 12 (Korea Bizwire) – Something expedient but controversial, rising cases of wealth transfer taking advantage of lowered stock prices amid the stagnant economy among some owners of the domestic conglomerates, have come to the fore of late. According to Chaebul.com, as of November 6, minors who own stocks valued over 100 million won [...]