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LG Chem promotes former SNU professor to executive VP
- December 5, 2017
- Posted by: ssr
- Category: Chemical
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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 -
Lotte Chemical to beat Q1 market estimates
- March 14, 2017
- Posted by: ssr
- Category: Chemical
Lotte Chemical to beat Q1 market estimates [THE INVESTOR] Lotte Chemical’s operating profit in the first quarter will beat market expectations, said Cape Investment and Securities on March 8. Its operating profit in the first quarter will surge 86 percent on-year to 880 billion won (US$76.48 million), said analyst Lee Ji-yeon. The improved spread of -
Chemical companies to pay record taxes
- March 5, 2017
- Posted by: ssr
- Category: Chemical
Refiners, chemical companies to pay record taxes on stellar performance SEOUL, Feb. 22 (Yonhap) -- South Korea's oil refiners and chemical companies are expected to pay a record amount in corporate taxes for their 2016 business performance, as their bottom lines improved sharply, industry sources said Wednesday. Last year, SK Innovation Co. and the country's -
LG Chem eyeing global top 5 chemical firm
- March 1, 2017
- Posted by: ssr
- Category: Chemical, Uncategorized
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 -
Samsung Bioepis’ biosimilar hits $100 mil. sales in Europe
- February 27, 2017
- Posted by: ssr
- Category: Uncategorized
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