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SK Chemicals to adopt holding company structure
- November 30, 2017
- Posted by: ssr
- Category: Chemical
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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 -
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 -
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 -
Office launched for Korea-Central Asia cooperation
- August 29, 2017
- Posted by: ssr
- Category: Chemical
Office launched for Korea-Central Asia cooperation South Korea and five Central Asian countries on Monday launched an office in Seoul to facilitate diplomatic, business and people-to-people cooperation through high-level dialogue, exchanges of working-level public officials and cultural festivals. The Korea-Central Asia Cooperation Forum Secretariat is the first joint permanent body between the countries and represents -
No new trade restrictions on Korean products reported in July
- August 23, 2017
- Posted by: ssr
- Category: Chemical
No new trade restrictions on Korean products reported in July Lotte Chemical listed the shares of its Malaysian unit on the stock market there, raising about 1 trillion won ($870 million) in fresh funds, the company said Tuesday. Lotte Chemical Titan floated 2.38 billion shares on the Kuala Lumpur Stock Exchange, worth 4 trillion won. -
Kumho Petrochemical beefs up safety
- August 10, 2017
- Posted by: ssr
- Category: Chemical
Kumho Petrochemical beefs up safety Kumho Petrochemical has improved its facility safety and monitoring systems to provide eco-friendlier workplaces. Its factories in Yeosu, South Jeolla Province, and Asan, South Chungcheong Province, have renewed their accident-free records in line with company-wide efforts. "We have made safer and eco-friendlier working environments by improving our management system and -
LG Chem wins water treatment contract in Egypt
- June 19, 2017
- Posted by: ssr
- Category: Chemical
LG Chem wins water treatment contract in Egypt By Lee Min-hyung LG Chem has won an exclusive license to supply water treatment filters to a seawater desalination plant in Egypt, the company said Sunday. Under the contract with Dubai-based water management company Metito, LG Chem will provide reverse osmosis (RO) membranes for the plant, which -
SK Innovation shifts to car batteries, chemicals
- June 5, 2017
- Posted by: ssr
- Category: Chemical
SK Innovation shifts to car batteries, chemicals By Lee Hyo-sik SK Innovation is shifting its focus to car batteries and petrochemicals to strengthen its competitive edge and bolster its bottom line, the company CEO said Tuesday. Korea's largest refiner plans to increase its car battery production to capitalize on the rapidly growing electric vehicle segment, -
9 Korean firms join W1,000,000,000,000 profit club
- May 28, 2017
- Posted by: ssr
- Category: Chemical
9 Korean firms join W1,000,000,000,000 profit club By Jhoo Dong-chan Nine Korean firms joined the 1 trillion won ($879 million) profit club in the first quarter of this year. They are Samsung Electronics, SK hynix, POSCO, Shinhan Financial Group, Hyundai Motor, LG Display, SK Innovation, Korea Electric Power Corp. (KEPCO), and SK C&C. This compares -
Hanwha Chemical Q1 net more than triples on higher prices
- May 22, 2017
- Posted by: ssr
- Category: Chemical
Hanwha Chemical Q1 net more than triples on higher prices Hanwha Chemical Corp., a major chemicals firm here, said Thursday that its first-quarter earnings more than tripled from a year earlier, largely thanks to a rise in prices of its key products. Net profit reached a record 324 billion won ($287 million) in the January-March