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S. Korean exports show double-digit growth for second straight month
- February 4, 2021
- Posted by: ssr
- Category: Chemical
No CommentsS. Korean exports show double-digit growth for second straight month S. Korean exports rise by 11.4% in January, increasing by over 20% in the US, China and EU Cargo containers filled with export products are loaded onto ships at a dock in the Port of Busan, in the city’s Nam District. (Yonhap News) In defiance -
Lotte chemical firms aim for carbon neutral growth by 2030
- February 3, 2021
- Posted by: ssr
- Category: Chemical
Lotte chemical firms aim for carbon neutral growth by 2030 Lotte Chemical CEO and President Kim Gy-hyun, center, and company employees announce the ″Green Promise 2030,″ on Tuesday. [LOTTE CHEMICAL] (Korea JoongAng Daily) Lotte Group’s four chemical subsidiaries are aiming for carbon neutral growth and 6 trillion won ($5.38 billion) in accumulated revenue from ecofriendly -
S Korea’s Hanwha Total to shut LPG-fed cracker in Mar to expand ethylene capacity by 50%
- February 3, 2021
- Posted by: ssr
- Category: Chemical
S Korea's Hanwha Total to shut LPG-fed cracker in Mar to expand ethylene capacity by 50% HIGHLIGHTS Expansion to raise ethylene production capacity by half Hanwha Total's naphtha cracker currently operating at 100% capacity SINGAPORE — South Korea's petrochemical maker Hanwha Total plans to shut down its LPG-fed steam cracker in Daesan from March for 45 -
SK Group’s exports exceed domestic sales in 2017
- February 4, 2018
- Posted by: ssr
- Category: Chemical
SK Group's exports exceed domestic sales in 2017 SK Group said Sunday the proportion of exports in its total sales reached a record high last year, on the back of the brisk performance of its energy and chip businesses. South Korea's third-largest business group booked combined sales of 139 trillion won ($127.9 billion) in 2017. -
LG Chem promotes former SNU professor to executive VP
- December 5, 2017
- Posted by: ssr
- Category: Chemical
LG Chem promotes former SNU professor to executive VP LG Chem promoted Lee Jin-kyu, a former Seoul National University professor, to an executive vice president in its latest reshuffle, crediting him with contributing to the tech firm’s capabilities of developing inorganic materials technologies. Lee Jin-kyu, a new research chairman at LG Chem (LG Chem) Lee’s -
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 -
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 -
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 -
Lotte Chemical to invest W370b in facility expansion
- May 12, 2017
- Posted by: ssr
- Category: Chemical
Lotte Chemical to invest W370b in facility expansion Lotte Chemical Corp., a major chemicals firm here, said Wednesday that it plans to spend 370 billion won ($326 million) in expanding facilities in the country, to better meet demand and strengthen its product portfolio. Lotte Chemical decided to expand the output at its domestic plant that -
LG Chem rushing to reach global top 5
- March 23, 2017
- Posted by: ssr
- Category: Chemical
LG Chem rushing to reach global top 5 LG Chem is rushing to join the global top five chemical giants by expanding its investment volume to 2.76 trillion won ($2.44 billion) this year in equipment and facilities, the company said Sunday. This would be a whopping 40 percent growth from a year ago. The invested
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