S-Oil launches ESG committee S-Oil headquarters in Mapo-gu, western Seoul (S-Oil)   S-Oil said Wednesday that it has established an environmental, social and governance committee to step up its sustainability management. “The committee will conduct systematic, integrated management of ESG activities,” a company official said. The committee, which will convene a regular meeting every quarter,

(LEAD) Exports soar 81 pct in first 10 days of May (ATTN: REWRITES lead; UPDATES with more details from 3rd para; ADDS photo) By Kim Soo-yeon   SEOUL, May 11 (Yonhap) -- South Korea's exports soared 81.2 percent on-year in the first 10 days of May as shipments of chips, autos and petroleum goods remained

Hanwha Total completes W530b expansion of Daesan plant Hanwha Total’s petrochemicals plant in Daesan, South Chungcheong Province (Hanwha Total)   Hanwha Total has completed the expansion of its petrochemicals plant in Daesan, South Chungcheong Province, to ramp up the production of polypropylene and ethylene, the company said Wednesday. The 530 billion-won ($472 million) project, which

Refiners set to turnaround in Q1 on rising oil prices, cracking margins S-Oil officials check by-product gas pipelines at its Ulsan plant. (S-Oil) South Korea's oil refining industry is expected to rebound in the first quarter thanks to surging global oil prices and a recovery in refining margins after hemorrhaging from the pandemic-driven slump last

LG Chem posts the biggest quarterly sales and operating profits Revenue of 9.65 trillion won in first quarter, up 43.4% year-on-year LG Chem made an announcement on April 28 that it achieved its biggest quarterly management performance of 9.65 trillion won ($8.7 billion) in sales and 1.408 trillion won in operating profit in the first

(2nd LD) S-Oil shifts to black in Q1 on higher petrochem margins (ATTN: UPDATES with more details in paras 8-13) BY Kim Eun-jung   SEOUL, April 27 (Yonhap) -- S-Oil Corp., South Korea's No. 3 refiner, said Tuesday it turned to the black in the first quarter from a year earlier on rising prices of

Kumho Mitsui Chemicals to invest 400 bln won to expand chemicals production SEOUL, April 21 (Yonhap) -- Kumho Mitsui Chemicals Inc. said Wednesday it will invest about 400 billion won (US$358.1 million) to expand its chemical manufacturing factory in South Korea's southwestern region.   The joint venture between Korean synthetic rubber maker Kumho Petrochemical and