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LG Chem promotes former SNU professor to executive VP
- December 5, 2017
- Posted by: ssr
- Category: Chemical
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LG Chem promotes former SNU professor to executive VP LG Chem promoted Lee Jin-kyu, a former Seoul National University professor, to an executive vice president in its latest reshuffle, crediting him with contributing to the tech firm’s capabilities of developing inorganic materials technologies. Lee Jin-kyu, a new research chairman at LG Chem (LG Chem) Lee’s -
SK Chemicals to adopt holding company structure
- November 30, 2017
- Posted by: ssr
- Category: Chemical
SK Chemicals to adopt holding company structure SK Chemicals, the chemicals and biopharmaceutical arm of South Korea’s SK Group, will officially take on a holding company structure from Friday, marking the biggest structural change for the company since its foundation 48 years ago. SK Chemicals will be split into a holdings company and a business -
LG Chem aims to become global top five chemical firm
- November 27, 2017
- Posted by: ssr
- Category: Chemical
LG Chem aims to become global top five chemical firm LG Chem aims to join the ranks of the world's top-five chemical giants by 2025 with a focus on research and development to make its basic chemical and material businesses more advanced, the company said Thursday. Under the vision, the company raised its 2017 capital -
South Korea, Indonesia vow to boost economic, security ties
- November 21, 2017
- Posted by: ssr
- Category: Chemical
South Korea, Indonesia vow to boost economic, security ties By Kim Hyo-jin President Moon Jae-in and his Indonesian counterpart Joko Widodo agreed to strengthen bilateral economic and security cooperation in their summit, Cheong Wa Dae said Thursday. They released a "joint vision" statement following the summit, in which they agreed to elevate relations to a -
SK-Sinopec joint venture to invest W740b to raise production capacity
- November 15, 2017
- Posted by: ssr
- Category: Chemical
SK-Sinopec joint venture to invest W740b to raise production capacity A joint venture between SK Innovation and Sinopec of China has decided to invest 740 billion won ($653.8 million) to expand its production capacity by some 36 percent, officials in Seoul said Tuesday. The Sinopec-SK Wuhan Petrochemical joint venture was established in 2013 with the -
Dongwha buys Finnish tegofilm manufacturer
- November 9, 2017
- Posted by: ssr
- Category: Chemical
SK Chemicals’ shingles vaccine wins regulatory approval in Korea By Park Jae-hyuk Dongwha Enterprise has bought Kotkamills Imprex for 34.5 billion won ($30.5 million), becoming the world's second-largest tegofilm producer, the company said Friday. Kotkamills Imprex is a subsidiary of the Finnish-based wood products company, Kotkamills Oy. Tegofilm, or phenolic surface paper, is an adhesive -
SK Chemicals’ shingles vaccine wins regulatory approval in Korea
- October 26, 2017
- Posted by: ssr
- Category: Biotechnology, Chemical, Medicine
SK Chemicals’ shingles vaccine wins regulatory approval in Korea South Korean drug regulators on Monday granted sales approval to SK Chemicals’ herpes zoster vaccine, marking the second ever approval by a country’s regulator of a new treatment targeting the viral disease. The Korean Ministry of Food and Drug Safety approved SK’s Sky Zoster vaccine for -
LG Chem to spend W 230 bil. on Naju plant
- October 24, 2017
- Posted by: ssr
- Category: Chemical
LG Chem to spend W 230 bil. on Naju plant By Yoon Sung-won LG Chem, Korea's leading chemical company, said Thursday that it plans to spend 230 billion won ($201 million) by 2022 for the expansion and upgrade of a factory in Naju, South Jeolla Province. The Seoul-based company said that it will expand the -
Seoul, Washington agree on FTA renegotiation
- October 17, 2017
- Posted by: ssr
- Category: Uncategorized
Seoul, Washington agree on FTA renegotiation South Korea and the United States agreed Wednesday to begin a process to amend their free trade agreement at Washington's request, Seoul's trade ministry said. The agreement was reached during talks in Washington led by South Korean Trade Minister Kim Hyun-chong and U.S. Trade Representative Robert Lighthizer, the ministry -
KOGAS completes 10-year energy project
- September 6, 2017
- Posted by: ssr
- Category: Chemical
KOGAS completes 10-year energy project The Korea Gas Corp. (KOGAS) has accomplished its 10-year energy project in Uzbekistan. The Ustyurt Gas Chemical Complex is the biggest petrochemical plant in Central Asia. The Surgil project was launched in 2006 by a Korean consortium comprising Lotte Chemical, Korea Gas Corporation and GS E&R. The consortium established a