HomenewsUncategorized

  • Seoul, Washington agree on FTA renegotiation

    • October 17, 2017
    • Posted by: ssr
    • Category: Uncategorized
    No Comments
    Bitmap
    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
    read more

  • LG Chem eyeing global top 5 chemical firm

    • March 1, 2017
    • Posted by: ssr
    • Category: Chemical, Uncategorized
    No Comments
    1396921731_43020
    LG Chem eyeing global top 5 chemical firm LG Chem is seeking to establish itself as one of the top five chemical firms of the world, enhancing its capabilities and bracing for the future business environment. To do so, the nation's leading chemical company plans to invest 2.76 trillion won ($2.43 billion) to boost its
    read more

  • Samsung Bioepis’ biosimilar hits $100 mil. sales in Europe

    • February 27, 2017
    • Posted by: ssr
    • Category: Uncategorized
    No Comments
    drugs-1728381_640
    Samsung Bioepis' biosimilar hits $100 mil. sales in Europe By Yoon Sung-won Samsung Bioepis is accelerating business in Europe on solid sales of its first biosimilar medicine "Benepali," according to the pharmaceutical industry Tuesday. In its recent regulatory filing, U.S. pharmaceutical enterprise Biogen said it posted $100.6 million in sales of Benepali in the European
    read more

  • POSCO E&C consortium deal

    • February 8, 2017
    • Posted by: ssr
    • Category: Uncategorized
    No Comments
    Two oil-workers, engineers, with refinery industry in background
    POSCO E&C consortium clinches W211.6 bil. deal on Jeju A consortium led by POSCO Engineering & Construction (E&C) has inked a 211.6 billion won ($182.9 million) deal to build gas storage tanks and their additional facilities at the Jeju Naval Base in Jeju Island. According to POSCO E&C, Wednesday, Korea Gas Corp. selected the POSCO
    read more

  • How Advanced is the Chemical Industry in South Korea?

    • January 17, 2017
    • Posted by: ssr
    • Category: Uncategorized
    No Comments
    factory-1593842_1280
    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,
    read more

  • Korean drugmakers seek opportunities at JPMorgan Healthcare Conference

    • January 9, 2017
    • Posted by: ssr
    • Category: Uncategorized
    No Comments
    drugs-1728381_640
    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
    read more

  • LG Chem strengthening bioscience business in 2017

    • January 2, 2017
    • Posted by: ssr
    • Category: Uncategorized
    No Comments
    medications-257344_1280
    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
    read more

  • Non-tariff barriers double against Korea

    • December 29, 2016
    • Posted by: ssr
    • Category: Uncategorized
    No Comments
    industry-251826_640
    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
    read more

  • Lotte Chemical to post earnings surprise in Q4

    • December 13, 2016
    • Posted by: ssr
    • Category: Uncategorized
    No Comments
    oil-106913_640
    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
    read more