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Lotte gears up for more M&A deals
- January 23, 2017
- Posted by: ssr
- Category: Chemical
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Lotte gears up for more M&A deals [THE INVESTOR] Lotte Group, South Korea’s fifth-largest conglomerate, is rekindling merger and acquisition activities to get its business back on track after being hit by a slush fund scandal and power struggle involving the chairman last year. In its latest move, Lotte Chemical launched a takeover bid for Singapore petrochemical -
How Advanced is the Chemical Industry in South Korea?
- January 17, 2017
- Posted by: ssr
- Category: Uncategorized
How Advanced is the Chemical Industry in South Korea? If you are a foreign investor who is planning to start a business in South Korea in the chemical industry, then you will want to know that you are on the right track. Since the Korean War, which has dented the image of the Korean peninsula, -
Korean drugmakers seek opportunities at JPMorgan Healthcare Conference
- January 9, 2017
- Posted by: ssr
- Category: Uncategorized
Korean drugmakers seek opportunities at JPMorgan Healthcare Conference In search of new partnerships, foreign investment and promotional opportunities, South Korea’s top biopharmaceutical companies will partake in the 35th J.P. Morgan Healthcare Conference, which kicks off Monday in San Francisco. The annual four-day event is the world’s largest and oldest health care symposium. It brings together -
LG Chem strengthening bioscience business in 2017
- January 2, 2017
- Posted by: ssr
- Category: Uncategorized
LG Chem strengthening bioscience business in 2017 By Lee Min-hyung LG Chem said Thursday it will strengthen its bioscience business this year, expanding research and development (R&D) investment for synergy with two bio players that the firm acquired last year. The plan comes after the company took over Dongbu Farm Hannong, a Seoul-based processor of -
Non-tariff barriers double against Korea
- December 29, 2016
- Posted by: ssr
- Category: Uncategorized
Non-tariff barriers double against Korea By Lee Hyo-sik Korean exporters are facing increasing non-tariff barriers around the world, making it harder for the export-oriented economy to sell its goods abroad. According to the Korea Chamber of Commerce and Industry (KCCI), Korea's trade partners including the United States and India have taken a total of 134 -
Lotte Chemical to post earnings surprise in Q4
- December 13, 2016
- Posted by: ssr
- Category: Uncategorized
Lotte Chemical to post earnings surprise in Q4 [THE INVESTOR] Lotte Chemical will beat market expectations in the fourth quarter with operating profit of 612.9 billion won (US$526.77 million), said Dongbu Securities on Dec. 13. The securities firm maintained its 470,000 won target price saying that the chemical company will post strong earnings despite the low -
SK global chemical acquires 13% stake in LTC
- December 6, 2016
- Posted by: ssr
- Category: Biotechnology, Chemical, Economics, Finance & accounting
SK global chemical acquires 13% stake in LTC [THE INVESTOR] SK global chemical announced on Dec. 2 that it has acquired 12.98 percent stake in chemical company LTC. LTC has the largest market share in chemical solutions for semiconductor flat panel display worldwide, and in 2015 posted 76.4 billion won (US$65.52 million) revenue with 8 -
SK chief seeks new biz model in Middle East
- November 25, 2016
- Posted by: ssr
- Category: Chemical
SK chief seeks new biz model in Middle East By Lee Hyo-sik SK Group will work closer with its business partners in the Middle East to find new growth models for the post-oil era, Korea's third-largest conglomerate said Thursday. The group plans to share its knowhow and expertise in wireless communications, semiconductor and other industries -
Hyundai Chemical’s mixed-xylene plant starts operations
- November 17, 2016
- Posted by: ssr
- Category: Chemical
Hyundai Chemical's mixed-xylene plant starts operations Hyundai Oilbank said Tuesday that its Hyundai Chemical plant, a newly built joint-venture with Lotte Chemical, has begun to produce mixed-xylene (MX),. MX is a mixture of benzene, toluene and xylene and is used to produce polyester, PET and gasoline additives. The plant in Seosan, South Chungcheong Province, will -
LG Chem to invest in lucrative areas
- November 5, 2016
- Posted by: ssr
- Category: Competitive research
Supported by a robust sales force and tight cost controls, Pharm Ltd. experienced sustained double-digit growth over a number of years, only to find that their supply chain struggled to keep pace. In particular, the initial state of the company’s sales.