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  • POSCO E&C consortium deal

    • February 8, 2017
    • Posted by: ssr
    • Category: Uncategorized
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    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
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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 chemical
    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
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  • Korean drugmakers seek opportunities at JPMorgan Healthcare Conference

    • January 9, 2017
    • Posted by: ssr
    • Category: Uncategorized
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    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
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  • Non-tariff barriers double against Korea

    • December 29, 2016
    • Posted by: ssr
    • Category: Uncategorized
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    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
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  • Lotte Chemical to post earnings surprise in Q4

    • December 13, 2016
    • Posted by: ssr
    • Category: Uncategorized
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    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
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  • SK global chemical acquires 13% stake in LTC

    • December 6, 2016
    • Posted by: ssr
    • Category: Biotechnology, Chemical, Economics, Finance & accounting
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    artboard
    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
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  • SK chief seeks new biz model in Middle East

    • November 25, 2016
    • Posted by: ssr
    • Category: Chemical
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    industry-438428_640
    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
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  • Hyundai Chemical’s mixed-xylene plant starts operations

    • November 17, 2016
    • Posted by: ssr
    • Category: Chemical
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    Oil refinery factory at twilight with sky background.
    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
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  • LG Chem to invest in lucrative areas

    • November 5, 2016
    • Posted by: ssr
    • Category: Competitive research
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    factory-1509853_640

    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.

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  • Samsung, LG, SK bet future on biotechnology

    • October 29, 2016
    • Posted by: ssr
    • Category: Biotechnology, Innovation
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    bulgaria-1351947_640

    Says Morgan Fraud, the author of The Thinking Corporation, “Given that we are all capable of contributing new ideas, the question becomes how do you successfully generate, capture, process and implement ideas?” Becoming an organization capable of answering this question can benefit in a number of ways

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