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POSCO Chemical to Boost Production Capacity of Cathodes for EV Batteries

POSCO Chemical to Boost Production Capacity of Cathodes for EV Batteries

SEOUL, Feb. 23 (Korea Bizwire) — POSCO Chemical Co., an affiliate of South Korea’s steel giant POSCO Group, said Tuesday it will invest 275.8 billion won (US$248 million) to expand its production capacity of cathodes, a key component for electric vehicle (EV) batteries. POSCO Chemical said the plant in the southern city of Gwangyang will [...]

SKC to Set Up South Korea’s Largest Plastic Waste Pyrolysis Oil Plant

SKC to Set Up South Korea’s Largest Plastic Waste Pyrolysis Oil Plant

SEOUL, Dec. 16 (Korea Bizwire) — South Korean chemicals maker SKC Co. is set to launch the nation’s largest plastic waste pyrolysis oil project. The company recently signed a memorandum of understanding (MOU) with the Ulsan city government to jointly carry out an eco-friendly chemical recycling project that aims to make industrial pyrolysis oil with [...]

General Fusion Commissions World-renowned Architect AL_A to Design Fusion Demonstration Plant

General Fusion Commissions World-renowned Architect AL_A to Design Fusion Demonstration Plant

VANCOUVER, British Columbia, Nov. 17 (Korea Bizwire) — Today, General Fusion announced a partnership with globally recognized architecture firm AL_A to assist in the design of its Fusion Demonstration Plant (FDP). The FDP is the company’s project to showcase fusion energy’s game-changing potential for mitigating climate change. AL_A is providing the creative leadership to imagine [...]

SK Innovation Pushes for 3rd EV Battery Plant in Hungary

SK Innovation Pushes for 3rd EV Battery Plant in Hungary

SEOUL, Sept. 7 (Korea Bizwire) — SK Innovation Co., a South Korean manufacturer of electric vehicle (EV) batteries, is considering building its third battery plant in Hungary to meet growing demand for EV batteries amid the global race for zero-emissions cars. “We have launched certain processes, such as looking for a candidate site” for the [...]